Panthers CEO Matthew Caldwell Leaves For Timberwolves, Lynx CEO Role

Matthew Caldwell, who served as president and CEO of the Florida Panthers for nine years and led the team through its most successful era including two Stanley Cup titles, has been hired as CEO of the Minnesota Timberwolves and Lynx with a 10-year contract. Caldwell will oversee day-to-day business operations and strategic initiatives for the Timberwolves, Lynx, and the G League Iowa Wolves starting September 2, marking the first major hire by new owners Marc Lore and Alex Rodriguez. Caldwell’s tenure with the Panthers was marked by significant growth in ticket sales, TV viewership, sponsorship revenue, and securing the franchise's long-term presence in South Florida. The new Timberwolves and Lynx owners emphasized their vision for setting a new standard of excellence in professional sports and expressed confidence in Caldwell’s leadership to realize this goal. Caldwell praised the NBA’s global platform and the new ownership’s vision, expressing enthusiasm for the opportunity to make a lasting impact on the Minnesota basketball community. His appointment follows the recent sale of controlling interest in the Timberwolves and Lynx, reflecting a strategic move to elevate the franchises’ business and fan experience.