Thursday, April 23, 2026
FOS Expands to TV More Details

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

Project B Says Mitchell Still In After Comments on Playing Abroad

Mitchell signed a one-year, $1.4 million supermax deal earlier this month.
Jun 19, 2025; San Francisco, California, USA; Indiana Fever guard Caitlin Clark (22) dribbles against the Golden State Valkyries during the fourth quarter at Chase Center. Mandatory Credit: Darren Yamashita-Imagn Images

All 44 of Caitlin Clark’s Fever Games Will Be on National TV

This season marks the first of the WNBA’s new rights deal.

Fever GM: Team Must Think ‘Long Term’ With Clark Payday Incoming

Sophie Cunningham’s comments about her contract raised eyebrows this week.

NBA Coaching Carousel Could Shake Up College Basketball

Dusty May and Todd Golden could get NBA coaching looks.

Featured Today

INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.

Chiefs, Cowboys Spark Early Trade Action in NFL Draft

Kansas City moved up to the No. 6 pick in a deal with the Browns.
April 23, 2026

PGA Tour Lays Off 56 Employees As Shift Under Rolapp Continues

The layoffs represent roughly 4% of the tour’s workforce.
April 23, 2026

Raiders Take Fernando Mendoza No. 1 Overall in NFL Draft

The Heisman Trophy winner will be seen as a franchise cornerstone.
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
Roger Goodell, Lucy Popko
April 23, 2026

Meet Roger Goodell’s NFL Draft Night Pronunciation Whisperer

Goodell announces the names of all 32 first-round picks.
2026 Kentucky Derby hopeful Litmus Test, ridden by Martin Garcia, works during morning training at Churchill Downs in Louisville, Kentucky. The Bob Baffert-trained horse is currently at No. 21 on the Kentucky Derby leaderboard. April 23, 2026
April 23, 2026

Churchill Downs Purchase of Preakness IP Is ‘Starting Point’

“I can’t imagine they bought this only for the fees in the long run.”
April 23, 2026

Super Bowl in Pittsburgh? NFL Draft Has Locals Dreaming Big

Steelers owner Art Rooney II says a Super Bowl in Pittsburgh isn’t “off the table.”
Jun 5, 2024; Paris, France; A ball person puts the ball on the racket of Aryna Sabalenka during her match against Mirra Andreeva on day 11 of Roland Garros at Stade Roland Garros
April 23, 2026

WTA CEO Steps Down After Less Than Two Years

Portia Archer leaves the Women’s Tennis Association during an unsteady time.