BC Wolves
BC Wolves, officially known as Wolves Twinsbet for sponsorship reasons, was a professional basketball club based in Vilnius, Lithuania.[1] Founded on June 2, 2022, by the Basketball Holding Company under owner Gediminas Žiemelis, the team derived its name from the mythical Iron Wolf central to Vilnius's founding legend.[2][3] The club acquired a license from the dissolved BC Dzukija to enter the Betsafe Lithuanian Basketball League (LKL), Lithuania's premier competition, and played home games at the 10,800-seat Twinsbet Arena.[4][5] In its debut 2022–23 LKL season, BC Wolves achieved a third-place standing by defeating established EuroCup participant Lietkabelis Panevėžys in the regular season series.[4] The team expanded internationally by debuting in the 7DAYS EuroCup for the 2023–24 season, one of two Lithuanian clubs in the competition alongside Lietkabelis, amid efforts to build a competitive roster with international talent and investments such as from NBA player Jonas Valančiūnas.[6][7] Despite high budgetary ambitions to challenge dominant LKL teams like Žalgiris Kaunas and Rytas Vilnius, BC Wolves suspended operations in June 2025, requesting a two-year license revocation from the LKL after failing to achieve targeted sporting results and commercial viability.[8][3] This abrupt hiatus marked the end of a project that featured notable individual performances, such as guard Rasheed Sulaimon's selection to the 2023–24 All-LKL First Team, but lacked major team titles or sustained success.[9]History
Founding and origins
BC Wolves was founded in June 2022 in Vilnius, Lithuania, as a professional basketball club by Lithuanian businessman Gediminas Žiemelis through the newly established Basketball Holding Company (BHC).[2] The initiative involved acquiring the Lithuanian Basketball League (LKL) license of BC Dzūkija, a club based in Alytus that was subsequently dissolved, allowing the new entity to relocate operations to the capital and enter the top-tier competition immediately.[4] This move addressed the absence of a major professional team in Vilnius since the departure of other clubs, aiming to fill a market gap with an ambitious project focused on competitiveness and financial sustainability. The club's name, BC Wolves, was publicly revealed on June 30, 2022, by BHC, signaling its intent to compete in the LKL under this branding. Žiemelis, a prominent investor and aviation executive, led the formation with a vision to develop a club capable of international expansion, leveraging Vilnius's larger fanbase and infrastructure.[10] BHC positioned BC Wolves as part of a broader strategy to invest in European basketball, emphasizing professional management and youth development from inception.[2] Origins trace directly to the strategic purchase of BC Dzūkija's assets in early June 2022, enabling rapid entry into elite Lithuanian basketball without starting from lower divisions.[4] This approach reflected Žiemelis's background in building scalable enterprises, adapting business principles to sports operations for long-term viability rather than short-term spectacle.[10] The founding marked BHC's first major venture, setting the stage for subsequent investments in other clubs across Europe.[2]2022–23 season
BC Wolves entered the 2022–23 Betsafe–LKL season as a newly founded club, marking their debut in Lithuania's top-tier professional basketball league.[11] The team compiled a regular-season record of 23 wins and 10 losses, securing third place in the standings with a points differential of 2851–2590.[12] In the playoffs, BC Wolves advanced to the quarterfinals but were swept 0–2 by CBet, losing the first game 76–80 away and the second 75–80 at home in Jonava.[13] The club also pursued European competition, beginning with the FIBA Europe Cup qualifying rounds. On September 27, 2022, BC Wolves defeated Aris Thessaloniki 83–72 in Thessaloniki, achieving a successful European debut against the established Greek club.[14] They faced Rilski Sportist Samokovo the following day but failed to advance to the group stage.[15] Subsequently, BC Wolves competed in the inaugural 2022–23 European North Basketball League (ENBL), starting in November 2022. The team finished with a 5–2 record in Group B of the regular season, advancing through the playoffs to reach the finals. On April 12, 2023, they lost the championship game to BM Stal Ostrów Wielkopolski 66–70.[16][17] This runner-up finish represented the club's strongest performance in its debut European campaign.2023–24 season
In the 2023–24 Betsafe LKL season, BC Wolves compiled a 22–8 regular-season record, securing third place in the standings behind Žalgiris Kaunas and Rytas Vilnius.[18] The team, coached by Tomas Kemzūra, started strongly by defeating both Žalgiris and Rytas early in the campaign to lead the league after the opening round.[13] [19] Guard Reggie Sulaimon earned a spot on the All-LKL First Team, averaging 17.4 points, 2.9 rebounds, and 2.9 assists per game.[9] Wolves advanced to the playoffs but were eliminated in the quarterfinals by fourth-seeded CBet Jonava with a 0–2 series defeat, losing the opener 76–80 at home on May 12 and the second game 75–80 on the road.[20] This marked a rematch of their 2023 quarterfinal matchup, also won by CBet.[21] In European competition, BC Wolves participated in the BKT EuroCup regular season, finishing with an 8–10 record and seventh place in Group A, insufficient for playoff qualification as only the top six advanced.[22][23] The team scored 1,462 points while allowing 1,550 across their 18 games.[24]2024–25 season
The 2024–25 season marked BC Wolves' third year of professional competition, primarily in the Lithuanian Betsafe–LKL and the BKT EuroCup. The team, sponsored as Wolves Twinsbet, began the campaign with a revamped roster featuring experienced imports such as Jeffery Taylor and Andrew Andrews alongside Lithuanian forwards Arnoldas Kulboka and Marek Blaževič. Under head coach Tomas Delininkaitis, Wolves aimed to build on prior playoff appearances while competing in European competition for the first time since their inception.[25] In the Betsafe–LKL regular season, consisting of 36 games, Wolves finished fourth in the standings with a 20–16 record, averaging 90 points per game while allowing approximately 89.[26] Notable early successes included victories over league powers BC Žalgiris and BC Rytas, positioning them atop the table after the opening rounds.[13] However, inconsistencies against mid-table opponents led to a mid-season slump, though they secured playoff qualification with strong home performances at Twinsbet Arena. Concurrently, in the BKT EuroCup regular season, Wolves posted a competitive record, culminating in advancement to the playoffs after a decisive win over Budućnost in Round 18. Wolves' postseason in the LKL began promisingly in the quarterfinals against fifth-seeded BC Jonava. They took Game 1 on May 21, 2025, with a 109–85 rout driven by balanced scoring from starters.[27] The series shifted in Game 2 on May 24, where Jonava edged a 103–102 thriller, followed by a 102–98 road win for Jonava in the decisive Game 3 on May 26, eliminating Wolves 2–1.[28] In the BKT EuroCup playoffs, Wolves participated but were ultimately knocked out prior to the quarterfinals, concluding their European run without advancing further.[29] The season highlighted defensive vulnerabilities in close contests but showcased offensive firepower, with Kulboka emerging as a key contributor averaging double-digit scoring.Hiatus announcement and cessation of operations
On June 11, 2025, BC Wolves submitted a formal request to the Lithuanian Basketball League (LKL) and the 7DAYS EuroCup for a two-year suspension of its competition licenses, leading to a temporary cessation of professional operations.[8] The club, founded in June 2022 by businessman Gediminas Žiemelis, had operated with one of Lithuania's highest budgets, exceeding €5 million annually and totaling over €15 million across three seasons, yet determined that continuing without restructuring was untenable.[30] This followed an early exit from the 2025 LKL playoffs and the departure of head coach Alessandro Magro, amid broader challenges in achieving sustained competitiveness.[8] The official announcement, framed as the "end of a chapter" for Wolves Twinsbet, highlighted the project's inability to meet predefined sporting targets, which in turn undermined commercial viability.[31] Žiemelis stated that the Lithuanian market proved too small to support multiple teams aspiring to international contention, rendering further investment economically illogical despite the club's professional infrastructure, including the 10,800-seat Twinsbet Arena and a dedicated training center.[30] He emphasized the original vision of establishing a flagship professional club for Vilnius but acknowledged the failure to deliver on-court results, which eroded fan engagement and sponsorship potential.[8] At the time of the suspension request, four players remained under contract, though the club indicated possibilities for a future return in a restructured format pending approval from league authorities.[8] Žiemelis later addressed stakeholders publicly, expressing respect for all involved parties and offering apologies for any offenses caused during the venture's run.[32] The hiatus reflects broader structural constraints in Lithuanian basketball, where high operational costs and limited domestic revenue streams have historically challenged expansion efforts beyond established powerhouses.[30]Facilities and operations
Home arenas
BC Wolves played their inaugural 2022–23 season home games at the Alytus Arena. This venue hosted early matches, including a game against BC Pieno Žvaigždės on October 16, 2022.[33][34] From the 2023–24 season, the club shifted to the Twinsbet Arena in Vilnius as their primary home venue. With a capacity of 10,800 spectators, this facility is the largest arena in Vilnius and the second largest in Lithuania.[8] The team utilized this arena for LKL and EuroCup games until suspending operations in June 2025.[8][11]Sponsorship and branding
The branding of BC Wolves emphasizes a fierce wolf identity, symbolizing strength and pack mentality, which is central to the club's visual and nominal elements. The team adopted its name upon founding in 2022, drawing from Lithuanian folklore and predatory resilience. Primary team colors consist of gray and Columbia blue, used across uniforms, logos, and merchandise to evoke a modern, aggressive aesthetic.[11] In August 2024, ahead of the 2024–25 season, BC Wolves introduced a redesigned logo featuring a stylized snarling wolf head superimposed on a basketball texture, replacing earlier iterations for improved scalability and versatility across digital and print media. This update aimed to professionalize the brand while maintaining the core wolf motif, allowing for monochromatic adaptations without loss of detail.[35] Sponsorship forms a cornerstone of the club's operations, with Twinsbet serving as the title sponsor since April 2024. Operated by Lithuanian casino firm Nese, Twinsbet entered a three-year agreement valued at €7.5 million, granting naming rights to the team as Wolves Twinsbet and prominent visibility, including at the Avia Solutions Group Arena where the club played home games. This deal marked Nese's expansion into online igaming and sports sponsorship, leveraging BC Wolves' platform for market entry in Lithuania.[36][37] Additional partnerships included KlasJet, a subsidiary of Avia Solutions Group, as the official travel provider for the 2024–25 EuroCup campaign, arranging private jet charters for away fixtures starting October 2024. In early October 2024, Homa Lietuva joined as a golden-level sponsor, contributing to operational funding amid the club's competitive schedule. These arrangements underscored reliance on aviation, gaming, and local business sectors for financial stability prior to the announced hiatus in June 2025.[38][39]Management and personnel
Ownership and financing
BC Wolves is owned and operated under the Basketball Holding Company (BHC), a Vilnius-based sports investment firm established to manage basketball clubs and related ventures.[2] The primary founder, seed investor, and majority owner is Gediminas Žiemelis, a Lithuanian billionaire with estimated assets of €2.45 billion, primarily derived from his role as chairman of Avia Solutions Group, a global aviation services provider.[40] [8] Žiemelis initiated the club in 2022 by acquiring and rebranding the Alytus Dzūkija team, with ambitions to develop a competitive Vilnius-based franchise capable of challenging established Lithuanian Basketball League (LKL) powers and expanding into European competitions.[41] BHC's shareholder base includes a mix of Lithuanian and international investors from finance, technology, and sports sectors, providing diversified private capital. Key figures among them are Jonas Valančiūnas, the Lithuanian national team captain and NBA veteran, who acquired shares on August 17, 2023, to support the club's roster and development; Thomas Klein, a senior managing director at Certares with expertise in aviation and tourism investments; and Justas Pikelis, a digital entrepreneur recognized by Forbes 30 Under 30.[7] [40] Additional seed investors include Nikita Sergienko, a mobile industry executive, Ramūnas Audzevičius, a commercial litigation specialist, and Dr. Jonas Drašutis, a surgeon serving high-net-worth clients.[40] Financing for BC Wolves relied on equity investments from BHC shareholders rather than public subsidies or debt instruments, reflecting a model centered on private funding to fuel rapid expansion, including player acquisitions, arena operations, and EuroCup participation.[40] Žiemelis has publicly projected that the franchise could achieve valuations in the hundreds of millions of euros through sustained growth and success in domestic and continental leagues.[42] However, operational challenges, including competitive pressures and regulatory hurdles in the LKL, contributed to financial strains that prompted the club's two-year hiatus announcement on June 12, 2025, without disclosed specifics on budget shortfalls or total expenditures.[8]Head coaches
Rimas Kurtinaitis served as the inaugural head coach of BC Wolves, appointed on July 5, 2022, and leading the team through its debut season until his dismissal on March 28, 2023, following qualification for the European North Basketball League final four.[43][44] Kęstutis Kemzūra replaced Kurtinaitis as head coach on March 28, 2023, with an initial contract through the end of the 2023–24 season; his tenure was extended in June 2023 before a mutual parting on January 21, 2024, amid the team's struggles in the LKL and EuroCup.[45] Nedas Pacevičius, previously an assistant, assumed interim head coaching duties immediately after Kemzūra's departure in January 2024 and was confirmed in the role through the remainder of the 2023–24 season on February 16, 2024.[46][47] Alessandro Magro was hired as head coach on July 1, 2024, on a one-year contract with an option for extension, guiding the team through the 2024–25 season until parting ways on June 6, 2025, prior to the club's announced operational hiatus.[48][49]| Coach | Nationality | Tenure |
|---|---|---|
| Rimas Kurtinaitis | Lithuanian | 2022–March 2023 |
| Kęstutis Kemzūra | Lithuanian | March 2023–January 2024 |
| Nedas Pacevičius | Lithuanian | January–June 2024 |
| Alessandro Magro | Italian | July 2024–June 2025 |
Players and roster
Notable players
Anthony Cowan Jr., an American point guard, emerged as a standout performer for BC Wolves during the 2024–25 season, earning the Betsafe LKL regular season MVP award after averaging 16.7 points, 5.9 assists, 1.8 rebounds, and 0.9 steals over 33 games.[50] He also received multiple EuroCup weekly MVP honors, including in Week 4 and Week 11 of the 2024–25 campaign, highlighting his scoring efficiency and playmaking in European competition.[51] Roddie Sulaimon, another American guard, was selected to the 2023–24 All-LKL First Team after posting averages of 17.4 points, 2.9 rebounds, 2.9 assists, and an efficiency rating of 17.6 through the season, contributing significantly to the team's push for playoff positioning.[9] Andrew Andrews, a scoring guard, provided offensive firepower in the EuroCup, where he averaged 14.1 points, 2.3 rebounds, and 3.6 assists per game during his tenure with the club.[52] Veteran small forward Jeffery Taylor brought EuroLeague experience to the roster, delivering key outings such as 21 points in a Lithuanian League victory over Nevėžis-Optibet on November 9, 2024.[53] Lithuanian forward Arnoldas Kulboka, a former NBA draftee, joined for the 2024–25 season and recorded notable performances including 19 points in a Vilnius derby matchup.[54]Key roster transactions and changes
In preparation for the 2024–25 season, BC Wolves Twinsbet Vilnius bolstered its roster with several key acquisitions to strengthen its backcourt and frontcourt depth for competitions in the LKL and BKT EuroCup. On July 10, 2024, the team signed American point guard Anthony Cowan Jr., a former standout at Promitheas Patras, to provide playmaking experience.[55] Shortly thereafter, around July 10–22, 2024, Lithuanian center Marek Blaževič, a 22-year-old prospect previously with Valencia Basket, joined the squad, adding size and rebounding potential at 2.09 meters. Further signings included combo guard Andrew Andrews on July 26, 2024, who brought scoring prowess from his prior stints including Joventut Badalona.[56] Ukrainian forward Daniel Baslyk committed on July 13, 2024, enhancing perimeter versatility, while Lithuanian forward Matas Jogelavičius was acquired from Río Breogán to deepen the wing rotation.[57] These moves complemented retentions such as American center Garrison Brooks and Lithuanian forward Vaidas Kariniauskas, maintaining continuity from the prior campaign.[51] Notable departures included several players from the 2023–24 roster, such as guard Adas Juškevičius and forward Vitalijus Kozys, who were not retained as the team pivoted toward younger international talent; specific release dates were not publicly detailed, reflecting a strategic rebuild amid financial pressures that later contributed to the club's operational hiatus.[23] No mid-season trades occurred before the June 2025 suspension of activities, limiting further alterations.[8]Performance records
Season-by-season results
BC Wolves participated in three seasons of the Betsafe Lietuvos krepšinio lyga (LKL), Lithuania's top professional basketball league, from its inception in 2022 until suspending operations in June 2025 due to unmet sporting and commercial objectives.[8][30]| Season | Regular season | Playoffs |
|---|---|---|
| 2022–23 | 3rd place (23–7 record) | Quarterfinals: lost to CBet Jonava 0–2 series (76–80 in Game 1)[13][58] |
| 2023–24 | 3rd place (22–8 record) | Quarterfinals win; semifinals: lost to Rytas Vilnius (e.g., 75–113 in Game 3); third-place series: lost to BC Lietkabelis Panevėžys (e.g., 84–91 in Game 2)[18][59][60] |
| 2024–25 | Did not qualify for top positions; overall LKL record 20–18 | Quarterfinals: lost to BC Jonava (e.g., 102–103 in Game 4, 98–102 in Game 5)[61][28][62] |