DENVER -- Denver Nuggets coach George Karl had his
option picked up by the team Tuesday, extending his contract
through the 2009-10 season.
Financial terms were not disclosed. In January 2005, Karl
signed a six-year contract with a team option after the third
Karl is 76-46 with the Nuggets, guiding them to a pair of
postseason berths. He was a remarkable 32-8 after taking over
the team midway through the 2004-05 season and guided Denver to
a 44-38 record and the Northwest Division title, the franchise's
first crown in 18 years.
"We feel this is a very good day for the Nuggets organization,"
Nuggets owner Stan Kroenke said in a statement. "As we've said
all along, we're committed to building a championship-caliber
team. The cornerstone of all championship teams is excellent
coaches and players, and a passionate fan base. We believe
today's announcement, coupled with the moves we've made
throughout the offseason, will take us closer to achieving our
"I really want to thank Mr. Kroenke for making this commitment,"
Karl said. "This franchise is moving in a great direction and
I'm honored to be a part of it."
The Nuggets are the fifth team for Karl, 55, who did his best
work with the Seattle SuperSonics in the 1990s. His teams won
at least 57 games in six straight seasons and reached the 1996
NBA Finals, losing to the mighty Chicago Bulls.
Karl has a 784-545 record in parts of 18 seasons with Cleveland,
Golden State, Seattle, Milwaukee and Denver. He has not had a
losing campaign since 1987-88 with Golden State.
A disciple of Dean Smith at North Carolina, Karl also guided
Seattle in 1993 and Milwaukee in 2001 within one win of the NBA
A prostate cancer survivor, Karl played in the old ABA, where he
developed an affinity for the Mile High City.
"I've always had a strong affection for Denver dating to my ABA
days and living here has only made that stronger," he said.
"The Nuggets have great ownership, a committed front office and
a collection of coaches and players that I think can be special.
I look forward to continuing what we've started."
Under Karl, Nuggets forward Carmelo Anthony has developed into
one of the top young players in the NBA.