Tuesday, June 23, 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.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Portland Fire GM Says Team Is Chasing Playoffs, Not Lottery Odds

Vanja Černivec was with the Golden State Valkyries last year.
Apr 30, 2026; Philadelphia, Pennsylvania, USA; Boston Celtics forward Jayson Tatum (0) reacts to his score against the Philadelphia 76ers during the second quarter at Xfinity Mobile Arena

Tatum Leaves Door Open for St. Louis WNBA Expansion Bid

The Celtics star wouldn’t comment directly, but also didn’t deny his involvement.
Exclusive

Under Armour Did Not Renew WNBA Shoe Deal

Last year, Courtney Williams wore shoes without Moolah Kicks logos.
Jun 10, 2026; New York, New York, USA; New York Knicks guard Jalen Brunson (11) controls the ball against San Antonio Spurs guard De'aaron Fox (4) during the fourth quarter of game four of the 2026 NBA Finals at Madison Square Garden

Leagues and Networks Are Going All In on America250

Celebrations include jersey patches, special uniforms, and dedicated programming.
podcast thumbnail mobile
Front Office Sports Today

6/22/26 – USMNT Wins the Group, Serena Gets Wimbledon Wild Card, UFC White House Ratings, Wyndham Clark Wins US Open

0:00

Featured Today

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.

Women’s PGA Championship Now Richest Event in Women’s Golf

Prize money is increasing by $1 million to $13 million.
June 22, 2026

NBA Draft Is Loaded—and Is About to Change Forever

The draft will be the last of the NBA’s current system.
June 22, 2026

Karim López Emerges As NBA Draft’s Biggest International Star

This year’s international prospect pool is the thinnest in years.
Sponsored

How Daktronics Is Reshaping the Modern MLB Ballpark Experience

The technology powering baseball’s next chapter.
Big3
June 22, 2026

Why Big3 Is Going Public as Ice Cube Laments NBA Constraints

“In my vision, we’re here 100 years, not just nine,” Ice Cube tells FOS.
Michigan Wolverines head coach Dusty May talks with his team Monday, April 6, 2026, during the NCAA men's basketball tournament national championship game against the UConn Huskies at Lucas Oil Stadium in Indianapolis.
June 22, 2026

Mavericks Hire Dusty May From Michigan

May led Michigan to the national championship in April.
Jun 16, 2026; Phoenix, Arizona, USA; Los Angeles Angels center fielder Mike Trout (27) looks on in the first inning against the Arizona Diamondbacks at Chase Field.
June 22, 2026

MLB Owners Proposal Radically Shifts Player Development

Teenaged big-leaguers would become extinct under the latest proposal.
June 21, 2026

Wyndham Clark Captures Second U.S. Open As Fans Turn Against Him

Clark fended off his final-round playing partner, Scottie Scheffler.