League: NBA Sport: Basketball Country: United States Category: General

Mavericks CEO Rick Welts to step down, Ethan Casson appointed successor

3 sources • 1 min read • Latest: Oct 28, 2026, 5:24 PM

Last updated Oct 28, 2026

Mavericks CEO Rick Welts to step down, Ethan Casson appointed successor

Summary

Rick Welts will step down as the CEO of the Mavericks at the end of 2026, transitioning leadership to Ethan Casson. Welts, 73, who returned from retirement in December 2024 to oversee the team's new arena project, has a rich history in the NBA, having worked with teams like the Warriors and Suns. Casson, formerly CEO of the Timberwolves and 49ers, is set to officially take over on January 1, 2027, marking a new era for the franchise.

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Key Details

•Rick Welts is stepping down as Mavericks CEO at the end of 2026
•Ethan Casson will succeed Welts on January 1, 2027
•Welts returned from retirement in December 2024 for the arena project
•Casson previously served as CEO of the Timberwolves and 49ers
•Welts has a history in the NBA dating back to the 1970s

Latest Updates

6:16 PMESPN NBA — Mavs CEO Welts retiring again, to be replaced by team president Casson
4:39 PMYahoo Sports — Mavericks CEO Rick Welts is retiring again and will be replaced by team president Ethan Casson
4:22 PMYahoo Sports — The Mavericks say CEO Rick Welts, who was lured out of …

What they're saying

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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 he had done previously with the Golden State Warriors.Team president Ethan Casson, who was hired last year, will succeed Welts as CEO and alternate governor, the Mavericks said Wednesday.
— Yahoo Sports

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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 he had done previously with the Warriors.
— ESPN NBA