Overview

• The team promoted Ben Tenzer to executive vice president of basketball operations and hired Jonathan Wallace as executive vice president of player personnel, eliminating a traditional general manager role
• Both executives will report directly to president Josh Kroenke under an unorthodox co-leadership model designed to combine cap management and talent evaluation
• Kroenke confirmed the Nuggets will offer three-time MVP Nikola Jokic a max extension this summer and pledged to outline all financial options for his decision
• Highlighting a history of key injuries, Kroenke warned that breaching the NBA’s second salary-cap apron could compel the organization to consider trading Jokic
• Facing no first-round draft pick and tight cap room, Denver plans aggressive roster additions and pins depth hopes on DaRon Holmes II