The Nuggets won’t be retaining assistant general manager Tommy Balcetis, according to a report from DNVR Sports (Twitter link).
Multiple sources confirmed the news to Bennett Durando of The Denver Post, who notes that Balcetis had been on an expiring contract, which won’t be renewed.
Balcetis has been with the Nuggets since 2013. He was initially hired as the team’s basketball analytics manager and worked his way up the organization from there, earning the title of director of strategy and analytics, then VP of basketball strategy and analytics. In 2020, following Arturas Karnisovas‘ departure from the organization, Calvin Booth was promoted from assistant GM to general manager, with Balcetis promoted into Booth’s old assistant GM role.
Notably, however, it was VP of basketball operations and G League GM Ben Tenzer who was named the Nuggets’ interim general manager in April when the club dismissed Booth, with Balcetis remaining in his assistant GM position at that time.
Although Balcetis has since been mentioned as a potential candidate to become the Nuggets’ permanent head of basketball operations, the fact that the club initially chose Tenzer over him perhaps signaled that this split was coming.
With little indication that the Nuggets have been seriously considering options outside of the organization, Tenzer now looks like the clear favorite to run the team’s basketball operations department going forward, though it’s possible Denver has just done an excellent job keeping a more expansive front office search under wraps. As for Balcetis, I wouldn’t expect it to take long for him to find work with another NBA team.
I once got balcetis from a trip to Thailand.
Sounds like a coup from the guy who married a Walmart heiress then thinks he’s some great businessman
Stan Kroenke was already worth 250 million on his own prior to marrying Sam’s niece. He had built his career in Commercial and Industrial Property Development.
He met his wife the year he graduated college, there’s no way he was worth even $1 million at the time. He had to borrow $1,500 from his dad at this time on a loan. His dad owned a lumber company and he was on academic scholarship.
Was married in 1974 and then founded his real estate business in 1983. And honestly if I was gift wrapped my wife’s family business, which was one of the largest retailers in the US, to develop real estate locations, just about anyone with even the most basic business acumen would have been successful. Not very impressive. Dude had his entire fortune handed to him. Not saying he wasn’t a hard worker, but there’s millions of people with these kinds of real estate businesses, and none of them can add Wal Mart to their portfolio right off the bat. And none of them have hundreds of millions backing their businesses.
Both, Forbes and Goal.com reported, “Prior to his marriage to Ann Walton, Stan Kroenke’s net worth was estimated to be between $8 billion and $9 billion according to Goal.com”. Forbes initially reported a net worth of $8.2 billion in early 2021. Other estimates, such as Bloomberg’s, placed it closer to $9.7 billion according to Goal.com. His wealth primarily stems from his real estate development company and his sports franchises.
Please man, read a biography, not just what AI spits out. Unless you are AI as well. That is his net worth now, not in 1974. He didn’t start his current real estate business until 1983. It very clearly says in his biography that he started working in real estate in 1975, one year AFTER he married a Wal Mart heiress. And this is the peachy biography that he wants to be known by:
link to horatioalger.org