HoopsHype Josh Kroenke rumors

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June 7, 2013 Updates

Nuggets ownership was steadfast that Karl would need to finish out the final season on his current contract before rewarding a coach who hadn't won a playoff series since 2009. "I have high praise for the way Josh Kroenke handled this situation — he was always sincere and straightforward," said Karl's agent, Warren LeGarie. "And when it came time to make a decision, he made one." Denver Post

June 6, 2013 Updates

Josh Kroenke was up front with Karl. He told Karl he didn’t want to put him in the position of having to order him next season to play the young guys if management felt that was the way to go, knowing Karl would balk because going young would certainly impact his win-loss record. Yet management remained firm that it would not give Karl an extension. “It came down to the point that they realized, if they couldn’t get anything done (with Karl), was there any point in going forward?,” the source said. “Josh was very direct, very honest. He was very, very clear every step of the way.” NBA.com

“George has been an instrumental part of our success over the past decade, and we appreciate everything he did to keep us among the top teams in the Western Conference,” Kroenke said. “He is a Hall of Fame coach whose legacy in Denver will last for years to come. George is a legend in the game of basketball and I could not have more respect for him as a person and coach.” The Nuggets will begin the search for a new coach immediately, and an announcement will be made when the process is concluded. NBA.com

The Denver Nuggets have fired coach George Karl, a league source told Yahoo! Sports. With one year left on his contract, Karl was pushing for a contract extension and ownership was unwilling to make the commitment. With a sense that Denver could be facing a year of acrimony with the 2012-'13 NBA Coach of the Year, CEO Josh Kroenke decided to part ways with Karl. Yahoo! Sports

For Kroenke, this was a bold move for the franchise, but multiple sources said that Karl had been so unhappy about going into the final year of his contract without a new deal that things could've become untenable with him. Nuggets management believes it can attract an elite coach with its talented, young roster. Yahoo! Sports

June 2, 2013 Updates

Josh Kroenke will consider looking at other NBA executives. It's unlikely that Kroenke, who is a major part of basketball decisions, will tab himself as the Denver GM. He recently became the Avalanche team president too. So Denver will tab a new GM this month. And it's quite possible it could be an in-house promotion. Denver Post

May 31, 2013 Updates

Prior to his departure, Ujiri issued a statement expressing his gratitude to the Nuggets. "First and foremost, I would like to thank Stan and Josh Kroenke for the opportunity they have given me over the past three years," Ujiri said. "It was a very difficult decision to leave Denver, but the Nuggets remain in good hands. I’d also like to thank the coaching staff for their work and the fans for their support and dedication. I’ll always have a special place in my heart for the city of Denver and the Nuggets as an organization." NBA.com

"I have tremendous admiration for him as a colleague and will always consider him to be a great friend. Our search for a new executive will begin immediately, and I will make an announcement once that process is concluded." In preparation for the upcoming NBA Draft, Kroenke will work closely with vice president of basketball operations Pete D’Alessandro, director of player personnel Mike Bratz, scout Herb Livsey and scouting coordinator Dan Tolzman. NBA.com

May 30, 2013 Updates

According to NBA sources contacted by Sportsnet, Masai Ujiri met with Denver president Josh Kroenke on Wednesday and is weighing a lucrative offer from Toronto for five years with a value an ESPN report pegged at $15 million. It’s a considerable raise from the three-year deal worth about $1.5 million he is finishing up in Denver. The Nuggets have made a counteroffer but it’s not clear it’s nearly as valuable as the deal the Raptors are willing to provide. SportsNet

Ujiri is described by those who know him as meticulous, such that even if he has a strong feeling about what his next move will be, he won’t execute it until he’s walked through all the issues at hand. And he won’t confirm his decision until he’s had a chance to meet in person with the various stakeholders. “It’s a life-changing decision,” said one league source of the situation. “And knowing him, if he leaves he’ll take his time and do it the right way.” SportsNet

May 28, 2013 Updates
May 25, 2013 Updates

The Nuggets are in a tricky situation with executive Masai Ujiri heading into the weekend. After agreeing in principle to a multi-million dollar and multi-year deal with team president Josh Kroenke prior to this summer, Kroenke said Friday night that as he and Ujiri were working through the final details of the arrangement, the Toronto GM position opened up and Toronto asked permission to interview Ujiri. "I have understood all along the relationships that Masai has in Toronto, and I respect those immensely," Kroenke said in a phone interview. "So when Toronto inquired about him recently, I knew that it was going to be a tough situation for everyone strictly because of the relationships involved." Denver Post

But Kroenke felt obliged to let him do the interview because of their friendship and Ujiri's relationships in Toronto. Now Ujiri is mulling over an offer with the Raptors. Yahoo Sports reported it could be as high as $3 million, a high payment for a team executive. "No matter what happens, we're going to be OK. I have all the confidence in the world in our players, our staff, and organization as a whole," said Kroenke, whose Nuggets won executive of the year in 2009 with Mark Warkentien and then this season with Ujiri. Denver Post

May 6, 2013 Updates

Q: Andre Iguodala can opt out of his contract and become a free agent this summer. Where does he fall on your priority list? Nuggets president Josh Kroenke: “A.I., he was a big part of everything we did this year. He. is a unique player. He fits our system very well. He’s wonderful in our locker room. As far as his contractual situation, he has a player option for next year. He’s going to make a decision there and we’re going to be making our decisions as well. I can’t say too much about it because I don’t know exactly how it will unfold. Dre was a big part of who we were this year and we hope to have him as part of what we’re doing going forward.” NBA.com

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