Orlando Magic executive Matt Lloyd is leaving the organization to become the Senior Vice President of Basketball Operations with the Minnesota Timberwolves.

ESPN Sources: Orlando Magic executive Matt Lloyd is finalizing a deal to become the Senior VP of Basketball Operations with the Minnesota Timberwolves. Lloyd’s the first significant hire under Tim Connelly since he left Denver to become President of Basketball Operations.

— Adrian Wojnarowski (@wojespn) June 3, 2022

Lloyd had been with the Magic front office since 2012. He spent the first nine seasons there as the assistant general manager before being promoted before last season to the Vice President of Basketball Operations.