Denver Nuggets and Head Coach Michael Malone Agree to Contract Extension
DENVER, Oct. 18, 2018 – The Denver Nuggets and Head Coach Michael Malone have agreed to a contract extension, Vice Chairman of KSE Josh Kroenke and President of Basketball Operations Tim Connelly announced today. Per team policy the details of the extension were not released.
Malone led the Nuggets to a 46-36 record in 2017-18, their best overall record since 2013. Since Malone took over prior to the 2015-16 season, the Nuggets have improved on their win total by a total of 16 wins (+3 after first season, +7 after second and +6 after third), making Denver one of three teams in the NBA to increase their win total in each of the last three seasons (Minnesota and Boston). Additionally, under Malone’s tutelage, the young core of Nikola Jokić, Gary Harris and Jamal Murray have all developed into franchise cornerstones while exponentially improving their per game averages and impact on the floor each season they have been in the league.
With Malone at the helm, the Nuggets have become one of the top offensive teams in the NBA. Denver finished the 2017-18 season with the sixth best offensive rating, including being ranked first overall from February 1st through the end of the season. It also marked the second straight season with a top-six rated offense after finishing 20th in 2015-16. The team also set a new franchise record for made three-pointers in a season (940) during the 2017-18 campaign. They ranked sixth in the NBA in made three-pointers per game and seventh in the NBA in three-point field goal percentage. The Nuggets have also finished top-five in assists per game in each of the last two seasons.
Through 247 games as Denver’s head coach, Malone has compiled a record of 120-127 (.486), ranking him fifth in franchise history in wins among head coaches. He holds a career regular season record of 159-194 (.450) over five seasons with Denver and Sacramento.