The Denver Nuggets graphic displayed here is the alternate logo for this basketball organization. This graphic was used as the alternate logo of the Denver Nuggets from 1975 until 1976. This is often described as the "Pick axe and Gold Nugget on a blue oval with Nuggets in red" version. The franchise was formed as the Denver Rockets in 1967/68, next, they became the Denver Nuggets in 1974/75 before becoming the Denver Nuggets in 1976/77.