NBA2 hr ago
Mavericks CEO Welts Retiring at End of Year, Casson Named Successor
The Dallas Mavericks are preparing for a leadership change as CEO Rick Welts steps away for the second time, with Ethan Casson set to take the top role.
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Leadership Transition Underway
Dallas Mavericks CEO Rick Welts is retiring for the second time nearly two years after joining the franchise to help guide plans for a new arena. The 73-year-old executive will remain in his position until Dec. 31. Team president Ethan Casson, who was hired last year, will become the new CEO and alternate governor.
Arena Project Advances
Welts departure follows the announcement of plans to build an arena in north Dallas scheduled to open for the 2031-32 season. The team has played downtown since its expansion season of 1980-81. He previously led the Chase Center project for the Golden State Warriors ahead of their 2019 move to San Francisco.
Extensive NBA Experience
Welts spent 10 years with the Warriors after earlier roles with the Phoenix Suns and in the NBA offices, accumulating nearly 50 years in the league overall. He left the Warriors in 2021 and was serving in an advisory capacity when he was brought out of retirement in 2024. Casson spent nine years as CEO of the Minnesota Timberwolves before arriving in Dallas.
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