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Dallas Mavericks announces new president and CEO

rick welts
Naismith Memorial Basketball Hall of Fame Class of 2018 enshrinee Rick Welts speaks during the 2018 Basketball Hall of Fame Enshrinement Ceremony at Symphony Hall on September 7, 2018 in Springfield, Massachusetts.
Maddie Meyer/Getty Images

The Dallas Mavericks have hired a new president and CEO.

According to the Dallas Morning News, Rick Welts has signed a multi-year contract to succeed Cynt Marshall, who is retiring at the end of the year. The 71-year-old Welts was inducted into the Basketball Hall of Fame in 2018 and previously served as an executive with the Phoenix Suns and Golden State Warriors.


During his time in Golden State, the Warriors won three NBA titles. The Mavs are expected to formally introduce Welts during a press conference at noon.

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