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Mavericks CEO Rick Welts Is Retiring Again and Will Be Replaced by Team President Ethan Casson
The transition is designed to preserve continuity as the franchise advances arena and development plans that could reshape its future, Dumont said.
- On Wednesday, the Dallas Mavericks announced CEO Rick Welts will retire at the end of 2026, with Mavericks President Ethan Casson succeeding him as CEO and Alternate Governor beginning Jan. 1, 2027.
- The 73-year-old Naismith Memorial Basketball Hall of Fame executive came out of retirement in 2024 to help lead the franchise's arena strategy after nearly 50 years in the NBA.
- Casson brings two decades of sports leadership experience, including securing a 20-year, $220 million naming-rights agreement for Levi's Stadium during his tenure with the San Francisco 49ers.
- Dallas Mavericks Governor Patrick Dumont said the partnership ensures a "natural and seamless path forward," adding, "When Ethan joined the Mavericks, we knew we were adding an accomplished leader."
- Casson will now spearhead the organization's long-term development, including plans for a new arena at the former Valley View Mall site in North Dallas opening for the 2031-32 season.
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Mavs out CEO to retire
Rick Welts, 73, the out CEO of the Dallas Mavericks will retire on Dec. 31, the team announced on Wednesday, Oct. 28. Mavs president Ethan Casson will succeed him. Welts has been CEO since 2024 when he agreed to serve in the position for two years. His impact on the team may be best remembered […]
The Toronto Star+8 Reposted by 8 other sources
Mavericks CEO Rick Welts is retiring again and will be replaced by team president Ethan Casson
DALLAS (AP) — Dallas Mavericks CEO Rick Welts is retiring for the second time, almost two years after he joined the franchise to help shepherd a new arena plan as
·Toronto, Canada
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Coverage Details
Total News Sources18
Leaning Left8Leaning Right2Center7Last UpdatedBias Distribution47% Left
Bias Distribution
- 47% of the sources lean Left
47% Left
L 47%
C 41%
12%
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