Former Denver Nuggets Head Coach Returns as New Co-Owner of the Franchise
In a surprising and emotional turn of events, the Denver Nuggets have welcomed back a familiar face—not on the bench, but in the boardroom. Former head coach George Karl has officially returned to the franchise, this time as a co-owner, marking a full-circle moment for one of the most respected figures in Nuggets history.
Karl, who coached the team from 2005 to 2013, led the Nuggets through one of their most consistent and competitive eras, including a franchise-record 57-win season in 2012-13. Known for his fiery coaching style, strategic mind, and passionate commitment to the game, Karl earned NBA Coach of the Year honors during his final season in Denver. Though his departure was controversial at the time, his legacy has remained significant within the franchise and among its loyal fanbase.
Now, over a decade later, Karl is back—this time as an investor and part-owner. His return comes as part of a new ownership group aiming to maintain the team’s championship aspirations while strengthening its ties to its history and community.
“I never thought I’d be back in Denver like this,” Karl said during a press conference at Ball Arena. “This city and this franchise have always meant a lot to me. To return in a way that allows me to help shape its future is an incredible honor.”
The move has been met with enthusiasm from fans and former players alike. Many believe Karl’s presence will help bridge past and present, offering valuable insight and leadership off the court.
As the Nuggets continue building on their recent success, the return of George Karl in an ownership role signals a new chapter—one rooted in legacy, passion, and a renewed commitment to excellence.
