The Timberwolves have promoted senior VP of basketball operations Matt Lloyd, announcing today in a press release that he has been named the team’s new general manager.
The promotion cements Lloyd’s place as the No. 2 man in Minnesota’s front office, behind only president of basketball operations Tim Connelly.
“We are thrilled for Matt and his well-earned promotion,” Connelly said in a statement. “He’s a wonderful teammate whose tireless work ethic and positivity have made a huge impact on our organization.”
Lloyd was one of Connelly’s first hires back in 2022 after having previously served in Orlando’s front office as an assistant general manager, interim GM, and VP of basketball operations. He also had a lengthy stint in the Bulls’ front office earlier in his career.
Lloyd was a finalist in Charlotte when the Hornets were seeking a new head of basketball operations earlier this year. According to Jon Krawczynski of The Athletic (Twitter link), even after they hired Jeff Peterson in that role, the Hornets offered Lloyd a similar role in their new-look front office to the one he had in Minnesota, but he opted to remain with the Wolves. Now he has been rewarded with a promotion.
So what’s up with this ownership struggle in Minny?