While they did not disclose terms, Mills has reportedly inked a two year NBA deal worth $12 million.

Still buzzing from inspiring Australia's Tokyo Olympic bronze medal playoff win, Mills is now preparing to link with the Nets after spending the last 10 seasons with the San Antonio Spurs.

The 12-year NBA veteran averaged 10.8 points on 41.2 per cent shooting (37.5 per cent from three-point range) in 24.8 minutes per game over 68 games (one start) last season, hitting a career-high 161 three-pointers.

Overall Mills - who turns 33 on Wednesday - has appeared in 739 career NBA games, averaging 8.9 points, 1.7 rebounds and 2.3 assists.

The Australian guard was a second-round pick in the 2009 NBA Draft by the Portland Trail Blazers, where he spent two seasons before joining San Antonio.

Mills ranks first in three-pointers made off the bench (1,095) and third in points scored off the bench (5,919) as well as minutes played off the bench (13,007).

His 1,095 three pointers off the bench are the fourth-most in NBA history, trailing only Kyle Korver (1,385), Jamal Crawford (1,259) and Lou Williams (1,198).

He has missed just 12 regular season games over the last six NBA campaigns, appearing in 80 or more games five times in his career.

A regular member of the Boomers since 2007, Mills is coming off an outstanding Tokyo Olympics where he averaged 23.3 points and 6.3 assists.

Saving his best until last, Mills dropped 42 points in Australia's 107-93 bronze medal playoff win over Slovenia as the Boomers secured their first ever men's Olympic basketball medal.

Australian Associated Press