Agent: Coby Karl Could Re-Sign with Nuggets
Dan Fegan, the agent for the son of Nuggets coach George Karl, said in an interview with FanHouse on Sunday that Coby Karl will clear waivers on Tuesday. His options then will be further assessed.
"Coby has proven that he can contribute at the NBA level,'' Fegan said of the two-year NBA veteran. "He's gotten better every year. And we're still in discussions with Denver regarding his situation. Just because he's gotten waived doesn't mean that he won't be part of the Nuggets.''
FanHouse reported on Saturday that the Nuggets waived both Coby Karl and center Brian Butch on Friday, the last business day before their minimum contracts would become fully guaranteed for next season. The Nuggets did not publicly announce the moves until Sunday night, more than 48 hour after waivers had been requested to the NBA.
Indications are that one option could be for Coby Karl, who had been in line to have his $854,389 salary fully guaranteed for next season, to re-sign with Denver on a contract that is partially guaranteed for next season. He also could draw interest from another NBA team and playing in Europe next season is another option.
A source close the situation said a Western Conference team expressed interested in trading for Coby Karl last week. However, the Nuggets ended up not wanting to take on extra salary at the time.
Waiving Coby Karl and Butch got the Nuggets down to 12 players, one shy of the NBA roster minimum. Because they're over the luxury-tax line, they'll have to play a dollar-for-dollar tax on any additional players they sign.
"Coby's a good player, man,'' Nuggets guard Chauncey Billups told FanHouse on Sunday, after he helped Team USA beat France 86-55 in an exhibition game at Madison Square Garden. About the possibility of Coby Karl re-signing with Denver, Billups said, "He knows our system, obviously. I wouldn't mind. He's a good player. ... He's absolutely an NBA player.''
Coby Karl, who finished last season with the Nuggets when his father was out due to cancer treatment and who didn't get in a game, had been in line to become the first man ever to play in an NBA game for a team coached by his father. He still might be in line for that.
Chris Tomasson can be reached at email@example.com or on Twitter@christomasson