Rick Welts, a Basketball Hall of Famer, has been appointed as the new CEO of the Dallas Mavericks, taking over from Cynt Marshall, the first Black female CEO of an NBA team. Marshall expressed her delight in passing the baton to Welts, praising his expertise and leadership. She shared heartwarming anecdotes about their collaboration and Welts's genuine support. Welts, known for his significant contributions to the NBA, including creating All-Star Weekend, pledged to uphold the positive culture established by Marshall.
At a press conference on Wednesday, the organization named Rick Welts , a hall-of-famer, to replace Cynt Marshall , the first black female CEO of any NBA team.“I am delighted to pass the baton to my friend, and to arguably the best whose ever done the job of leading business operations of an NBA team," said Marshall as she handed a black baton to Welts.>Sign up for NBC DFW's News Headlines newsletter.
“And then Rick looks over at me and he just smiles. Who does that? Who does that? He was so proud that I was back home, and that’s the moment I realized that our competition is only on the court," she said. Welts has made his own mark on NBA history, creating NBA All-Star Weekend in 1984 and being part of four NBA championship teams, two in the WNBA, and one in the NBA G League. He was also inducted into the Basketball Hall of Fame in 2018.
“I started as a ball boy for the Seattle Supersonics and here I am today, and I could not be more excited," Welts said on Wednesday.“This amazing woman has impact way beyond the Dallas Mavericks, okay," Welts said.“Your legacy that you’re leaving behind, I promise you this culture that you built, I’m going to do my best to maintain, because it’s something special and it was created by something special—someone special," Welts told Marshall.
Welts has also served as president of the Phoenix Suns and, most recently, in the same role for the Golden State Warriors when they won three championships.
NBA Dallas Mavericks CEO Rick Welts Cynt Marshall Leadership Basketball
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