Nuggets to sign Richard Jefferson, waive Jameer Nelson

Richard Jefferson did not take long to find a new home after being traded to Atlanta and then waived.

ESPN’s Adrian Wojnarowski reported Monday that Jefferson agreed to a one-year, $2.3 million deal with the Denver Nuggets after clearing waivers.

Jefferson was traded to the Hawks on Friday, who promptly waived him. Denver needs to clear a roster spot in order to sign Jefferson. Woj says they are expected to waive guard Jameer Nelson to make it happen.

Denver will likely waive guard Jameer Nelson to create a roster spot for Jefferson, league sources tell ESPN.

— Adrian Wojnarowski (@wojespn) October 16, 2017

Jefferson, 37, has been in the league since 2001 and spent the last two seasons as a bench player with the Cavs. Even at his age he still averaged 20 minutes per game last season.