4 days ago
- Business
- Wall Street Journal
An NBA Legend on How to Get Through a Mess
The second act of Rick Welts' career started with a meltdown. In January, the decorated sports executive came out of retirement to take the reins as chief executive of the Dallas Mavericks. The next month, the franchise shocked fans by trading star Luca Dončić to the Los Angeles Lakers. His decades of experience in the business, Welts said, helped him steer the Mavs through the outrage.
'There are two things that cure everything: that's time and winning,' he said at The Wall Street Journal's Future of Everything event this past week.