Matthew Caldwell leaving Cup champion Panthers, becoming CEO of Timberwolves and Lynx
FORT LAUDERDALE, Fla. — Matthew Caldwell Leaves Florida Panthers to Become CEO of Minnesota Timberwolves and Lynx
After serving as the business operations president of the Florida Panthers for several years, Matthew Caldwell has announced his departure from the two-time defending Stanley Cup champions. Caldwell is set to take on a new role as the CEO of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx, signing a 10-year deal with the organizations.
The official announcement of Caldwell’s appointment was made by the Timberwolves and Lynx on Wednesday. He will commence his duties overseeing day-to-day business operations and strategic initiatives for the Timberwolves, Lynx, and the G League’s Iowa Wolves starting on September 2.
This move comes as part of a significant shift by the new owners of the Timberwolves and Lynx, Marc Lore and Alex Rodriguez, who recently acquired full control of the franchises. Caldwell expressed his enthusiasm for the new opportunity, citing the NBA’s global platform and the vision set forth by Lore and Rodriguez.
Having joined the Panthers in 2014 as the chief operating officer, Caldwell was later promoted to CEO in 2016. His leadership and contributions played a key role in the Panthers’ success both on and off the ice in recent years.
Lore and Rodriguez praised Caldwell’s track record and leadership qualities, emphasizing their confidence in his ability to lead the organizations to new heights of excellence. They believe Caldwell’s experience and innovative approach will have a remarkable impact on the Timberwolves and Lynx.
Caldwell’s tenure with the Panthers saw significant milestones, including the extension of the team’s operating agreement with Broward County and the development of new facilities. Despite the bittersweet nature of his departure, Caldwell expressed gratitude for the opportunity to work with Lore and Rodriguez on a global stage.
Panthers owner Vincent Viola also shared his sentiments, acknowledging Caldwell’s contributions to the organization and wishing him success in his new role. Viola described the opportunity to work with Lore and Rodriguez as exceptional and a great next step in Caldwell’s career.
As Caldwell transitions to his new position with the Timberwolves and Lynx, the sports community eagerly awaits the impact of his leadership on the organizations.
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