In his first season as a head coach Karaičić was leading the Hørsholm 79ers to the Danish Cup final where the team lost to Bakken Bears.
[5][6][7] In August 2018, Karaičić was named as an assistant coach for Lokomotiv Kuban of the Russian VTB United League, where season before he worked as a scout.
[14] Karaičić was an assistant coach of the U20 Denmark team at the 2011 FIBA U20 European Championship Division B in Sarajevo, Bosnia and Herzegovina.
[15] He was an assistant coach of the U18 Denmark team at the 2012 FIBA Europe Under-18 Championship in Lithuania and Latvia, which got relegated to the Division B.
[19] In January 2020, coach Igor Kokoškov added Karaičić to the Serbia national team staff as a scout.