• Loading stock data...
Friday, January 9, 2026

How One Executive Changed the NBA

  • Rick Welts, one of the most influential NBA executives in history, is retiring at the end of the season.
  • Welts helped create the WNBA, NBA All-Star Weekend, and the 1992 Dream Team.
Golden State Warriors/Design: Alex Brooks

What connects the WNBA, NBA All-Star Weekend, the historic 1992 Olympic Dream Team, and the Golden State Warriors recent three-championship run?

Rick Welts, an executive with a nearly unrivaled impact, who announced on Friday that he would retire at the end of the season. 

Warriors President since 2011, Welts previously worked for the Seattle Supersonics (winning a championship in 1979), Phoenix Suns, and the NBA league office.

His impact on the NBA and its global brand is nearly unrivaled.

  • Welts spearheaded the transformation of the All-Star Game into a weekend featuring the Slam Dunk Contest and Three-Point Contest.
  • He pushed the NBA to allow its best players into the Olympics, elevating the sport’s global presence with the storied 1992 Dream Team.
  • Welts worked with Val Ackerman to launch the WNBA in 1997.

“Simply put, Rick Welts played a transformational role in creating the modern NBA during his more than 40 years as a pioneering league and team executive,” said NBA commissioner Adam Silver.

Welts, who was inducted into the NBA Hall of Fame in 2018, also became the first openly gay NBA executive in 2011.

The 68-year-old told The Undefeated that he plans to travel in Europe, once that is possible, and settle into a more relaxing lifestyle. “This is my 46th NBA season,” he said. “To be good at this, you have to work hard always. I’m ready not to do that.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

WNBA Union Highlights Big Gap With NBA Health Benefits

WNBA players have far more limited health benefits.
Napheesa Collier
exclusive

WNBA Hasn’t Countered Players’ Latest Offer As Deadline Closes In

The deadline for the sides to reach a labor deal is Friday.

Does Unrivaled’s Future Include a Deal With the WNBA?

The women’s 3-on-3 league tipped off its second season Monday.

Featured Today

Hockey in Florida Was Once a Risk. Now It’s Thriving

The state of Florida has become a traditional—and highly lucrative—market.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
Imagn Images/Front Office Sports
January 2, 2026

FOS Crystal Ball: Predictions for the Business of Sports in 2026

Here’s what FOS journalists think could be on the horizon.
Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025
December 24, 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.

Maui PGA Tour Return in Limbo After The Sentry’s Cancellation

The Sentry, which was canceled, was supposed to be Jan. 8–11.
January 8, 2026

NFL Coach and GM Tracker: 25% of Teams Searching for New Coaches

Eight NFL teams are in the midst of head coaching searches.
May 26, 2025; Chicago, Illinois, USA; Flag holders unfold the American flag prior to a game between the Chicago Cubs and the Colorado Rockies at Wrigley Field.
January 8, 2026

MLB Launches Leaguewide Push for America’s 250th Anniversary

Commemorations of the nation’s founding will involve every league department.
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
Christian Pulisic
January 7, 2026

FIFA’s $60 World Cup Tickets Come With a Major Catch

Only members of American Outlaws, Barra 76, and Sammers are eligible.
January 7, 2026

PGA of America CEO Derek Sprague Quits After Just a Year

Sprague cited the need to help support his family in New York.
Jan 2, 2026; Washington, District of Columbia, USA; Washington Wizards center Alex Sarr (20) and Washington Wizards guard CJ McCollum (3) celebrate during the first half against the Brooklyn Nets at Capital One Arena.
January 7, 2026

Winning Gets in the Way of Wizards, Nets Tank Jobs

The NBA recently floated rule changes to curb tanking.
Dec 2, 2025; Boston, Massachusetts, USA; Boston Celtics guard Jaylen Brown (7) reacts after scoring against the New York Knicks during the second half at the TD Garden.
January 6, 2026

Celtics Contending Again Despite Cutting $300M in Projected Salary

Jayson Tatum has not been ruled out for the 2025–26 season.