Veteran guard Nick Young has joined the Denver Nuggets on a one-year deal following his championship spell with the Golden State Warriors.

The team announced as much via their official website on Monday, also revealing that they have waived guard Brandon Cook.

Young, 33, come in by means of an injury hardship relief exception that was granted to the team by the NBA amid their fitness woes.

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"The Denver Nuggets have signed veteran guard Nick Young to the injury hardship relief exception granted by the NBA. Additionally, they have waived guard Brandon Goodwin, President of Basketball Operations Tim Connelly announced today," the Nuggets confirmed on Monday.

Young played a role in the Warriors' march to the title last season, although he wasn't used as much as he would have preferred. The guard played a career-low 17.4 minutes per game under Steve Kerr, which is no surprise given the Warriors superstar set-up.

He also tied his career-low 7.3 points a game but did provide some value coming off the bench. Kerr, though, was also able to call on Shaun Livingston as his main threat at the guard spot from the bench.

What This Means

The Nuggets have started the season off in grand fashion under Mike Malone but have been hit with an injury bug that has seen Gary Harris and Will Barton sidelined. There is no timeline for Isaiah Thomas' return to full health, while Paul Milsap sustained a toe injury last week.

Young, who has experience as both a starter and a bench player could prove to be a good pick-up for the Nuggets. His ability to spread the floor and knock shots down from three-point range is likely the reason he's earned himself a deal with the side.

The veteran has shot 36.9 percent from beyond the arc in for of the past five seasons and should be a great addition as a bench scorer for his new team.

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