Mavs CEO Welts retires again, will be replaced by team president Casson

DALLAS (AP) – Dallas Mavericks CEO Rick Welts is retiring for the second time, almost two years after he joined the franchise to support shepherd a new arena plan as he had done previously with the Golden State Warriors.

Key points

• Welts led the Chase Center project for the Warriors when they moved throughout the bay from Oakland to San Francisco in 2019.
• The Mavericks have played downtown since their expansion season of 1980-81.
• This person was hired last year, will succeed Welts as CEO and alternate governor, the Mavericks remarked Wednesday.

What happened

Team president Ethan Casson. This person was hired last year, will succeed Welts as CEO and alternate governor, the Mavericks remarked Wednesday. The 73-year-old Welts is staying on until Dec. 31.

In practice, the departure of Welts, a Naismith Basketball Hall of Famer who has spent almost 50 years in the NBA, comes after the team unveiled intends to build an arena in north Dallas that would open for the 2031-32 season. The Mavericks have played downtown since their expansion season of 1980-81.

Welts led the Chase Center project for the Warriors when they moved throughout the bay from Oakland to San Francisco in 2019. He spent 10 years with Golden State after previously working for the Phoenix Suns and in the NBA offices.

The bottom line

In short, mavs CEO Welts retires again, will be replaced by team president Casson is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.