Editing Denver Nuggets (section)

===1967: Franchise founding===
[[File:Byron Beck.jpg|thumb|upright|[[Byron Beck]], a [[University of Denver]] alumnus, is shown wearing the "'''Denver Rockets'''" uniform]]
The current franchise traces its roots to 1967, when one of the [[American Basketball Association]] (ABA)'s charter franchises was awarded to a group in [[Kansas City, Missouri]], headed by Southern California businessman James Trindle. However, Trindle was unable to find a suitable arena within the Kansas City area. League commissioner [[George Mikan]] suggested moving the team to Denver instead. After agreeing to name Denver resident and former NBA player [[Vince Boryla]] as the general manager, Trindle moved his [[Kansas City (ABA)|Kansas City team]] to Denver as the newly named Denver Larks franchise, named after Colorado's state bird.<ref name="nuggetscompanyhistory">[http://www.fundinguniverse.com/company-histories/Denver-Nuggets-Company-History.html Denver Nuggets history] {{Webarchive|url=https://web.archive.org/web/20120121112849/http://www.fundinguniverse.com/company-histories/Denver-Nuggets-Company-History.html |date=January 21, 2012 }} at FundingUniverse</ref> However, the Trindle group was found out to be severely undercapitalized, leading Mikan to order the Larks franchise to post a $100,000 performance bond or lose the franchise before they even played a single game. Hours before the deadline happened, Trindle sold a two-thirds controlling interest to Denver trucking magnate Bill Ringsby and his son for $350,000. Ringsby then immediately renamed the team the Rockets, after his local company's long-haul trucks called the "Ringsby Rocket Truck Lines".<ref>{{cite web|url=http://www.remembertheaba.com/TeamMaterial/DenverMaterial/RocketsNuggetsYearly.html |title=ABA-era team notes |publisher=Remembertheaba.com |access-date=May 18, 2012 |url-status=dead |archive-url=https://web.archive.org/web/20120320020429/http://www.remembertheaba.com/TeamMaterial/DenverMaterial/RocketsNuggetsYearly.html |archive-date=March 20, 2012 }}</ref>