Without a new contract, Karl faces free agency
Marc J. Spears
The Denver Nuggets own the Western Conference’s second-best record and
have emerged as just one of a handful of teams who look like legitimate
championship contenders. They also have a coach who might not have a
contract in six months.
NBA sources say Karl turned down a one-year, $3 million extension over the summer in hopes of getting a longer deal and a raise. Karl is currently being paid a $3 million base salary in the final year of his contract and sources said incentives boosted his total pay to $3.8 million last season.
A Nuggets source said the team has had internal discussions about a possible three-year, $12 million extension for Karl, but no offer has been presented. Some officials with Kroenke Sports Enterprises, the team’s parent company, have so far been hesitant to endorse a multiyear offer.
Karl said he wants to stay in Denver, but he’s also prepared to become a free agent, even if he isn’t excited about the possibility. New Jersey and New Orleans are among the teams who could be looking for new coaches over the summer.
“I can’t sit back and say that someone hasn’t whispered in my ear,” Karl told Yahoo! Sports. “Maybe the best thing for me to do is become a free agent. But I’ll also say I really believe this, I do not want to be a businessman in the NBA. It can get ugly, it can get dirty, they look into your past. All that can come into play.