Denver Nuggets Company Description
You might say this team has the perfect moniker when the name of the game is taking the rock to the hole. The Denver Nuggets professional basketball franchise was formed by trucking magnate J. W. "Bill" Ringsby in 1967 as the Denver Rockets (renamed in 1974), a charter member of the American Basketball Association. Since joining the National Basketball Association in 1976, the team has had little postseason success, although the signing of star forward Carmelo Anthony in 2004 has helped spur fan interest, giving a boost to attendance at the team's Pepsi Center arena. Wal-Mart heir Stan Kroenke has owned the team since 2000.
View the Comprehensive Company Description for Denver Nuggets
The Company Description provides a historical perspective of Denver Nuggets's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Denver Nuggets's evolution in the marketplace.
