How Rick Welts changed NBA and pro basketball forever before joining Warriors

In announcing his retirement, effective at season’s end, Warriors president Rick Welts leaves behind a legacy unlikely to be matched in its variety and scope.

“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 in a statement.

In the realm of professional basketball, these will be remembered as his most valuable contributions:

All-Star Weekend

When the All-Star Game came to San Francisco in 1967, it was played on a Tuesday night at the Cow Palace. There were four games in the league just two days prior, and the Warriors traveled to Los Angeles the following day. “It really was a two-day event” over the years, Welts said in a 2018 interview with KTVU. “We all got on an airplane, flew into the city the night before, had a banquet — which usually featured a really bad comedian — then got together for the game and went home.”

That all changed when Welts joined the NBA league office as a promising young executive in 1982. He had seen the American Basketball Association stage a memorable slam-dunk contest (won by Julius Erving) in 1976. He became fond of Major League Baseball’s old-timers games, particularly one staged in Washington, D.C., in July 1984. “I think I’ve got it,” Welts recalled telling David Stern, who had just taken over as NBA commissioner. “Let’s have a game where we can bring back great players and have a slam-dunk contest, highlighting one of the most spectacular plays in the game.”

Entirely due to Welts’ inspiration, All-Star Weekend was born. Its appeal really took hold, he said, with the advent of the 3-point shooting contest in 1986. “It was designed for Larry Bird (who won the first three),” he said. “It turned out to be the most consistently good event of the whole weekend.”

The Dream Team

Stern came to gain implicit trust in Welts, in essence his right-hand man as he rose to the title of executive vice president, chief marketing officer and president of NBA Properties. “He did everything, and he was great at everything he did,” Stern told The Chronicle in 2018. “He has an innate understanding of the capacity and potential of sports, combined with the ability to deliver results.” Stern, who died in January 2020, had visions of global expansion at a time when the idea seemed pointless to many executives around the league, and, like Welts, he found it inexcusable that the U.S. settled for a bronze medal at the 1988 Olympics while fielding a team of collegiate players.

“Only in the U.S. would there be a debate that it was unfair to send our best athletes to the Olympics,” Welts told the Chronicle. When FIBA modified its rules to allow NBA players into the Olympics, Welts helped turn the tide of U.S. resistance. Placed in charge of marketing for a team built around iconic talent, Welts called it “the easiest sales job in history” with the likes of Michael Jordan, Larry Bird, Magic Johnson and Charles Barkley signing up.