The Dallas Mavericks lucked out and won the No. 1 pick in the NBA draft lottery earlier this week, but Mavericks coach Jason Kidd wasn't watching when it happened. After the lottery, Kidd explained that he didn't have high hopes for the Mavericks given their recent string of luck.

“We’re looking forward to seeing everyone in the building,” said Naismith Memorial Basketball Hall of Famer Welts, who on Jan. 1 succeeded the retired Cynt Marshall as CEO. During his 47-year career, Welts also has overseen business operations of the Phoenix Suns and Golden State Warriors.

There are two rounds in the draft. The first round features 30 picks and the second round has 29. There are typically 30 picks per round, but the New York Knicks were docked their 2025 second-rounder after the league found they had tampered with Jalen Brunson leading up to 2022 free agency.