The Denver Nuggets are an American professional basketball team based in Denver. The Nuggets compete in the National Basketball Association (NBA) as a member of the league's Western Conference Northwest Division. The team was founded as the Denver Larks in 1967 as a charter franchise of the American Basketball Association (ABA), but changed its name to Rockets before the first season. It changed its name again to the Nuggets in 1974. After the name change, the Nuggets played for the final ABA Championship title in 1976, losing to the New York Nets.