Mills has signed a three-year deal at the Reebok Stadium and the fee is understood to be in the region of £2 million.
Mills joined Leicester for £5 million last summer. |
There was talk that Mills and Pearson had had a bust-up after that game, and although neither party confirmed or denied the rumours, Mills spent the rest of the season training with the youth team.
Mills told the Bolton Wanderers official website: "This deal has worked out perfectly for me, mainly because Bolton are a fantastic club. Speaking to the manager, I have got the vibe of what the place and the club are about and the ambitions of getting back into the Premier League.
"The facilities are made for the top division and that's obviously the aim this season - to bounce back straight away. To be honest, this area is the one I feel most comfortable living in too, so geographically it's perfect. I've got friends around here so I believe I'll settle in very quickly and be able to concentrate on my football."
Trotters manager Owen Coyle added: "Matt is a player who has a high level of experience in the Championship. We are delighted to have made this acquisition as he adds strength and quality to the mix. He is 25 and has already captained teams at this level, so we know what he will bring to the squad, both on and off the pitch."
Mills is Bolton's second signing of the summer, having signed Irish international midfielder Keith Andrews last week.
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