Denver Nuggets forward Greg "Cadillac" Anderson, an unrestricted free agent, will sign a three-year contract worth more than $6 million with an Italian team, a Houston television station reported Tuesday.

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Anderson will sign the contract with Caserta of Italy, KRIV-TV reported. The contract will pay him $2.1 million the first year, and includes clauses allowing him to return to the NBA if he desires following each season.

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