George Karl out as Nuggets coach

Updated: June 6, 2013, 9:34 PM ET
ESPN.com news services

NBA Coach of the Year George Karl won't return to the Denver Nuggets next season, the team announced Thursday.

Karl posted a thank you to Nuggets fans through his Twitter account.

"I want to thank Nuggets fans for their support over the past 8 yrs. The karma on the street was incredible. Denver will always be home," he tweeted.

Karl, 62, was heading into the final year of a contract that paid him $4.5 million annually. Denver had the option to pick up a three-year ...

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