<P> Ringsby sold the team to San Diego businessmen Frank Goldberg and Bud Fischer in 1972 . In 1974 , in anticipation of moving into the NBA , and the new McNichols Arena , the franchise held a contest to choose a new team nickname , as `` Rockets '' was already in use by the Houston Rockets . The winning choice was `` Nuggets '' , in honor of the original Nuggets team in Denver from 1948 -- 50 , the last year as a charter member of the NBA . Their new logo was a miner `` discovering '' an ABA ball . Goldberg and Fischer in turn sold the team to a local investment group in 1976 . </P>
<P> Ringsby sold the team to San Diego businessmen Frank Goldberg and Bud Fischer in 1972 . In 1974 , in anticipation of moving into the NBA , and the new McNichols Arena , the franchise held a contest to choose a new team nickname , as `` Rockets '' was already in use by the Houston Rockets . The winning choice was `` Nuggets '' , in honor of the original Nuggets team in Denver from 1948 -- 50 , the last year as a charter member of the NBA . Their new logo was a miner `` discovering '' an ABA ball . Goldberg and Fischer in turn sold the team to a local investment group in 1976 . </P>
where did the denver nuggets get their name
where did the denver nuggets get their name
the original Nuggets team in Denver from 1948 -- 50
the original Nuggets team in Denver from 1948 -- 50