Matthew Caldwell is stepping down as the business operations president of the Florida Panthers to accept a 10-year CEO role with the Minnesota Timberwolves and Lynx. He will begin overseeing "day-to-day business operations and high-level strategic initiatives for the Timberwolves, Lynx, and [the G League's] Iowa Wolves" on Sept. 2. New owners Marc Lore and Alex Rodriguez hired Caldwell after assuming full control of the teams. Caldwell cited the NBA's larger global platform and belief in the owners' vision. Caldwell joined the Panthers in 2014, rose to CEO in 2016, and has military, Northwestern MBA and law, and Goldman Sachs experience. He played a major role in the Panthers' off-ice turnaround and in extending the team's operating agreement with Broward County through 2033.
"I love the NHL. I've enjoyed hockey and I'm a big fan of it," Caldwell said. "But the NBA is just a much bigger, global platform. I really believe in Marc and Alex and their vision and what they're trying to do. They're trying to make Minnesota best in class."
"Our vision is for the Timberwolves and Lynx to set a new standard of excellence in pro sports and we're confident that Matthew is the leader needed to make that a reality," Lore and Rodriguez said in a joint statement. "Leading our organization into an innovative new era requires an exceptional individual at the helm and Matthew's proven track record leading the business of the Florida Panthers is undeniable. We can't wait to see the remarkable impact his bold leadership will have on this organization."
"day-to-day business operations and high-level strategic initiatives for the Timberwolves, Lynx, and [the G League's] Iowa Wolves"
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