Rick Welts Named Mavericks CEO and President

The Dallas Mavericks have announced the appointment of Rick Welts as their new CEO and president, succeeding Cynt Marshall, who served since 2018 and was the first Black female CEO in the NBA. Welts, a Hall of Famer with a storied 46-year career, has previously held executive roles with both the Golden State Warriors and Phoenix Suns, contributing to multiple championship victories and innovations such as the NBA All-Star Weekend and the WNBA. His tenure will officially begin on January 1, 2025, with a formal introduction planned for December 18. Team governor Patrick Dumont highlighted Welts as a dream hire due to his vast experience and successful track record. Welts expressed excitement about leading the Mavericks and building on their recent successes, including a Finals appearance last season. Marshall expressed confidence in Welts's leadership and the positive impact he will have on the team and the Dallas community.