HoopsHype Rick Welts rumors

LATEST HOOPSHYPE VIDEOS

April 15, 2015 Updates

The Warriors are hoping to break ground on their new arena project shortly after the start of 2016 and have the venue completed in July or August 2018, team president Rick Welts said Tuesday. Welts said there was not a way for the Warriors to have the 18,000-seat arena in San Francisco's Mission Bay neighborhood about a mile from AT&T Park ready by 2017, so they would stick with their original timeline of opening for the 2018-19 season. The Warriors released renderings of the interior of the arena for the first time as Welts spoke at the San Francisco Chamber of Commerce's Public Policy Forum. San Jose Mercury-News

April 8, 2015 Updates

Rick Welts: The thing that I get credited with, maybe that I’ll always live with, is the creation of the NBA All-Star Weekend. It wasn’t really as visionary a thing on my resume as people might want to credit me for. I was in the unenviable position of trying to sell the NBA to major corporate sponsors at a time when the NBA was not viewed as a good investment for companies like that. I knew that if we could create some additional events, I’d have a chance at least to try to create some corporate interest in sponsoring those events. That, really as much as anything, was my motivation in trying to create a second day of events around All-Star: that we could bring the fans with the support of some corporate partners, and that really was an important part of launching [NBA Commissioner] David Stern’s success. Rainbow Times

Rick Welts: But going backwards, I would say maybe the most personally gratifying was the launch of the Women’s National Basketball Association (WNBA). It was something that I think was clearly the right thing at the right time. I’m proud that the leadership of our league was willing to take that on as a very special project for those of us who were working there who really felt the time had come for a major women’s professional basketball league that had all of the financial and organizational support that the WNBA had when it got started. Here we are [19 years later], so its been so much fun to watch. I got to be part of a couple championship seasons with the Phoenix Mercury when I was in Phoenix with the Sun’s organization, which was really a very special thing. Rainbow Times

March 7, 2015 Updates
February 25, 2015 Updates

When Jason Collins publicly announced his homosexuality in April 2013, Jackson told reporters, “I know Jason Collins; I know his family and am certainly praying for them.” This seemed particularly tone-deaf considering that Golden State COO Rick Welts, the first high-ranking sports executive to come out, worked in the same building. Welts says he approached Jackson and had “a nice conversation, like grown‑ups,” adding, “He knew how I felt, I knew how he felt. I’m sure he thought it was an opportunity to educate me, and I thought it was an opportunity to educate him.” Sports Illustrated

December 26, 2014 Updates

"Listen, we had a great relationship while he was there," Welts told the radio station. "Actually there were a couple points in time where he and I, I really had to go into his office and say, 'You know, here's how you handled something, and here's what you said about that that I don't think you understand how that affected me.' "We had the conversation, and after he left the organization this summer, I had a trip to L.A. and texted him and asked him if we could meet for a cup of coffee, which he said, 'Absolutely, let's do it.' We got together in Santa Monica, had a great talk, a great laugh about all the great things that had happened. He's going to be amazingly successful going forward, and we wish him nothing but the best." San Jose Mercury-News

May 22, 2014 Updates

The Warriors were named “Sports Team of the Year” by the SportsBusiness Journal/Daily, earning recognition for excellence and outstanding achievement in the business of sports. “We have an incredible group of talented and committed employees and are looking forward to continuing to grow as an organization as one of the top franchises in all of sports,” said Warriors president Rick Welts, who accepted the award in New York. Contra Costa Times

May 11, 2014 Updates

Lacob bought the right to meddle. Anyone who believes an owner should sign the checks and shut up lives in a fantasy world. Why would anyone spend that kind of money if he wasn't going to be involved? The key to Lacob's success will lie in trusting his basketball people. He has three gems in Rick Welts, Jerry West and Bob Myers. And in this case, Lacob listened to all three. San Francisco Chronicle

February 23, 2014 Updates
February 11, 2014 Updates

Golden State Warriors President Rick Welts is one of the few people who knows what NFL draft prospect Michael Sam might be going through after announcing he is gay this week. And Welts is as eager as anybody to see how it all plays out. Welts, who became the first openly gay NBA executive when he revealed his sexual orientation in a front page story of The New York Times in May 2011 while with the Phoenix Suns, said he's looking forward to the day such announcements are no longer a big deal. But he's still not sure how far away that day is in sports. "I think we're still in the midst of it being a really big story," Welts said before the Warriors beat the Philadelphia 76ers 123-80 late Monday night. "And if you could ever pick somebody to play this part, I think the right guy is going to play it. Just watching him the last few days and seeing the confidence and how strongly he felt about what he decided to do, I think the NFL combine got a lot more interesting and I think the draft did, too. It's going to be fascinating to watch as he walks through this, but I really do think he's the right guy for this." ESPN.com

February 8, 2014 Updates
February 2, 2014 Updates
January 27, 2014 Updates

"He really looked for people who had the same genuine love for the sport that he had," said Rick Welts, who worked for the NBA for 17 years as an executive, ultimately becoming Chief Marketing Officer and president of NBA Properties before taking jobs as president of the Phoenix Suns and, then, the Golden State Warriors. It makes a difference. He wasn't interested in people who were really talented people unless they had that emotional investment in the game. Because he does." NBA.com

November 12, 2013 Updates

Q: Was there a single toughest moment? A: Personally, the booing. It was a little unexpected. Perhaps it should have been more expected. That was a very tough individual moment. But from an organizational standpoint, it was the number of people we had to let go. That's what no one ever sees. We wanted to see what we had, give everybody a chance, when we took over. But in May and June and July of 2011, even into September, we made a lot of changes. At one point we had like 50 positions open. We had a business to run. People were going to show up to watch basketball games and there was nobody to run this place. There was a moment of absolute fear. We were very fortunate to start at the top, getting a commitment from Rick Welts to be president and chief operating officer. There was a scary 30-60 days before we opened the season, because we did not know who was going to run the show. CSNBayArea.com

July 19, 2013 Updates
October 26, 2012 Updates

The Golden State Warriors announced today a variety of fan friendly digital upgrades to Oracle Arena, the Warriors ground for all home games, to significantly improve the game day experience for fans for the 2012-13 season. “There has been more invested in Oracle Arena this summer than any other summer since the building was renovated in 1997,” said Warriors President and Chief Operating Officer Rick Welts. “Our job is to provide the best game day environment on a season-long basis and we know these enhancements, focused on improvements for fans and ways to make Oracle Arena and our team more digitally advanced, will improve the overall experience for our fans.” NBA.com

September 5, 2012 Updates

The Golden State Warriors signed a multi-year contract extension with their flagship radio station, KNBR 680, the team announced Wednesday. The upcoming NBA season will mark the 29th consecutive one the Warriors will be on KNBR, and the 37th year overall on the station. The deal makes KNBR the Warriors flagship station through the 2015-16 NBA season. San Jose Mercury-News

"We are really excited to continue on our long-standing partnership with KNBR," said Warriors President & COO Rick Welts. "This new agreement will enable the Warriors and KNBR to enter our fourth decade together during a period of time that is very compelling for our fans and our entire organization for a number of reasons, including, most importantly, the product on the floor. "We're eager to venture down this road with The Sports Leader." San Jose Mercury-News

August 1, 2012 Updates

On the size of the proposed arena: (Golden State Warriors Rick) Welts: ”We haven’t landed completely on the number of seats. It will not be as large from a capacity standpoint as the arena we play in now (19, 596). We think, frankly, that’s a good design. We want it to be an extremely intimate facility. But until we do have the design nailed down, it’s not possible to explain with accuracy the size of it.” CSNBayArea.com

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.