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The Nuggets capped a busy week of transactions when they re-signed restricted free-agent guard Arron Afflalo to a five-year contract. Afflalo averaged career-highs in points, rebounds and assists in 2010-11. PRESS RELEASE |

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| Date | Opponent | Site | Time* | |
| Dec. 20 | Phoenix | Pepsi Center | 7 p.m. | W (127-110) |
| Dec. 22 | @ Phoenix | US Airways Center (Phoenix, AZ) | 7 p.m. | W (110-85) |
| *All times are Mountain and subject to change. |

| No. | Player | Pos. | Ht. | Wt. | School / Country | Exp. |
| 6 | Arron Afflalo | G | 6-5 | 215 | UCLA | 4 |
| 11 | Chris Andersen | F/C | 6-10 | 228 | Blinn (TX) J.C. | 9 |
| 13 | Corey Brewer | F | 6-9 | 188 | Florida | 4 |
| 0 | DeMarre Carroll | F | 6-8 | 212 | Missouri | 2 |
| 35 | Kenneth Faried | F | 6-8 | 228 | Morehead State | R |
| 5 | Rudy Fernandez | G/F | 6-6 | 185 | Spain | 3 |
| 8 | Danilo Gallinari | F | 6-10 | 225 | Italy | 3 |
| 1 | Jordan Hamilton | G/F | 6-7 | 220 | Texas | R |
| 7 | Al Harrington | F | 6-9 | 250 | St. Patrick (NJ) | 13 |
| 22 | Cory Higgins | G | 6-5 | 185 | Colorado | R |
| 41 | Kosta Koufos | C | 7-0 | 265 | Ohio State | 3 |
| 3 | Ty Lawson | G | 5-11 | 195 | North Carolina | 2 |
| 24 | Andre Miller | G | 6-2 | 200 | Utah | 11 |
| 25 | Timofey Mozgov | C | 7-1 | 250 | Russia | 1 |
| 31 | Nene | F | 6-11 | 250 | Brazil | 9 |
| 51 | Michael Ruffin | F | 6-8 | 220 | St. Benedict's Prep (NJ) | 6 |
| 10 | Julyan Stone | G | 6-7 | 200 | UTEP | R |
| *Players appearing in red have been waived from training-camp roster |






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