The Denver Nuggets are a professional basketball team based in Denver, Colorado that plays in the National Basketball Association (NBA). 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 anticipation of a ABA-NBA merger in 1974, and played for the final ABA Championship title in 1976, losing to the New York Nets. The team joined the NBA in 1976 after the ABA-NBA merger and have some periods of success, making the playoffs for nine consecutive seasons in the 1980s and doing the same for the previous nine seasons. However, it has not made an appearance in a championship round since its last year in the ABA. The Nuggets currently play home games at the Pepsi Center.