Warriors president named grand marshal of San Francisco's gay pride parade

Golden State Warriors President Rick Welts still will have a reason to celebrate if his team doesn't win the NBA championship: he's been named as the celebrity grand marshal of San Francisco's gay pride parade.

The San Francisco LGBT Pride Celebration Committee announced Monday that it had selected the 58-year-old sports executive for the honor previously enjoyed by such notables as singer Cyndi Lauper, actor Cheyenne Jackson and transgender activist Chaz Bono.