Rick Welts Rumors
It’s the kind of economic reality that rival teams hope short-circuits this Warriors’ run, the last, great hope that the “Super Villains” core will be broken up. Except for one thing: Their Death Star, this 11-acre entertainment district that will help owners Joe Lacob and Peter Guber balance their books with concerts and shows, doesn’t have a fatal flaw. “It’s the absolute foundation for our success for – I would argue – decades to come, because it ensures that we’re going to be competitive financially with any other team in the league,” said Warriors president Rick Welts, who has spent recent years shepherding this project while navigating political minefields and, he estimates, taking part in more than 500 arena-related meetings. “Even under this new collective bargaining agreement, the numbers are getting kind of eye-popping, if they weren’t already, in terms of what it’s going to take financially to field a championship-caliber team. And I think our view is that it ensures this future for as far into the future as we can see.”
The N.B.A. stood out at the New York Pride’s March; it was the only major professional sports league to be represented. And yet, no active player since Jason Collins has come out as gay — a thorny issue, one that even Rick Welts struggles to explain. “I think the hardest thing is always active players, and I get it,” he said. “I don’t know. It’s hard. We’re dealing with very young people.”
The final element of the tribute came in the form of a gesture on behalf of the night’s sponsor, City National Bank. Midway through the first quarter, Warriors President and COO Rick Welts joined City National Executive Vice President Michael Walker to present a $10,000 check to the SagerStrong Foundation, where 100 percent of donations go to cancer research and education.
This is a major move for the franchise–away from KNBR’s monster signal and tradition–but it has been in the works from the moment Warriors executives (led by owner Joe Lacob and president Rick Welts) were infuriated when KNBR moved several Warriors playoff games this spring to a sister station in order to broadcast Giants games. Big bullet point for Warriors management: 12 of their 24 playoff games this past season were not broadcast on KNBR 680 due to Giants conflicts. Also, eight other exhibition-season or regular season games were moved from 680.
League officials also addressed the controversial anti-LGBT law in North Carolina that jeopardized the 2017 NBA All-Star Game in Charlotte. In a poignant address, Golden State Warriors president and chief operating officer Rick Welts, 63, who is openly gay, explained his meaningful and lifelong affiliation with the NBA and told league owners he didn’t feel comfortable attending the All-Star Game in Charlotte if the law remained as is.