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Matthew Caldwell Leaving Cup Champion Panthers, Becoming CEO of Timberwolves and Lynx

Matthew Caldwell, formerly of the Florida Panthers, joins with a 10-year contract to lead the Timberwolves and Lynx's business operations after prior CEO's departure.

  • Matthew Caldwell is departing from his position as president of the Florida Panthers to take on the role of CEO for Minnesota's NBA and WNBA teams, the Timberwolves and Lynx, beginning September 2, 2025.
  • He agreed to a 10-year agreement to lead the Minnesota Timberwolves and Lynx following the recent acquisition of full ownership by Marc Lore and Alex Rodriguez.
  • Starting September 2, Caldwell will manage daily business functions and strategic efforts across Minnesota’s Timberwolves, Lynx, and their G League affiliate, the Iowa Wolves, drawing on his previous leadership experience that contributed to the Florida Panthers' recent successful transformation.
  • Lore and Rodriguez expressed their confidence that the Timberwolves and Lynx will raise the bar for professional sports, while Caldwell described the transition as having mixed emotions.
  • The move suggests a strategic leadership shift aiming to elevate the Minnesota franchises under an experienced executive with a proven track record in professional sports business.
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Matthew Caldwell leaving Cup champion Panthers, becoming CEO of Timberwolves and Lynx

Matthew Caldwell is stepping down as the business operations president of the two-time defending Stanley Cup champion Florida Panthers and accepting a 10-year deal as CEO of the NBA’s Minnesota Timberwolves and WNBA’s Minnesota Lynx.

·United States
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Miami Herald broke the news in Miami, United States on Wednesday, August 27, 2025.
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