2022–23 season

On 5 July, Rimas Kurtinaitis was officially announced as the head coach of the club. On 6 July, Adas Juškevičius became the first player signed in the history of the club. Wolves also signed Lithuanian men's national basketball team players Eigirdas Žukauskas, Kristupas Žemaitis, solid LKL players like Regimantas Miniotas, Vitalijus Kozys, Arnas Beručka and longtime veteran, holder of multiple Lithuanian league records and former star of Rytas, Mindaugas Lukauskis, locally also known as the Iron man or the Legend. Marcos Delia became the first foreign player to sign contract with the team, soon after the next one was signed with Ahmad Caver. Signing of Juan Gomez de Liano caused quite a stir in the homeland, as well as in Lithuania; he became the first Filipino basketball player to officially represent a European basketball club.

Wolves started their first official game in the Lithuanian Basketball League with an away win over Nevėžis Kėdainiai 81:76. The club participated in the 2022–23 FIBA Europe Cup qualifying round, its first ever participation in a European competition. Wolves defeated the legendary Greek team Aris Thessaloniki 88:77 in the first round, but lost in the second round to Bulgarian champion BC Rilski Sportist 76:91, losing chance to qualify for the tournament. In the LKL, the club had struggles, but in large part due to the signings of Jeffery Taylor and Eric Buckner, they had risen to the standings. Wolves started a rivalry with BC Rytas, and also had competitive matches with long-time LKL champions and Euroleague participants BC Žalgiris - scoring wins over both teams in February and the beginning of March. Wolves also defeated Eurocup participants Lietkabelis Panevėžys in the regular season series, which helped them reach third place in the LKL standings. Ahmad Caver in particular shined, as he was named the LKL MVP of the regular season. Wolves also made late season signings, Rashard Kelly and Jerai Grant, to strengthen the team before the playoffs.

In the King Mindaugas Cup, Wolves had a solid run, but finished second in the qualifying round standings behind BC Neptūnas. The second place finish, however, meant that during the draw for the quarterfinals, Wolves drew BC Žalgiris. Žalgiris easily beat Wolves both in Alytus, 95:79, and in Kaunas, 91:72.

On March 28, 2023, in a shocking moment, Wolves fired head coach Rimas Kurtinaitis, along with assistant Aurimas Jasilionis. The firing came just after Wolves qualified for the ENBL final four. They hired Kęstutis Kemzūra to replace Kurtinaitis, also hiring Marius Leonavičius and Nedas Pocevičius as his new assistants.

The club also got their second chance in a European competition, participating in the 2022–23 European North Basketball League, which started in November 2022. Wolves became one of the best teams of the competition, defeating Budivelnyk Kiev in the quarterfinals, qualifying for the final four, while still under coach Kurtinaitis. Under coach Kemzūra, Wolves entered the final four as favorites. In the semifinals, they beat Wilki Morskie Szczecin 58:55. In the finals, despite being heavy favorites, Wolves blew a double-digit lead and suffered a heart-breaking loss, 66:70 to Stal Ostrów Wielkopolski, denying the team to win their first championship.

Entering the LKL playoffs, Wolves faced CBet Jonava. The club struggled against CBet during the regular season, winning only one of their matches. Before the start, Wolves were still thought of as series favorite. However, CBet defied expectations, winning against Wolves by 80:76 in an away series opener, and finishing off in Jonava by 80:75.

Due to the reconstruction of its Avia Solutions Group Arena, the team played some home games in Alytus Arena. Wolves drew big crowds and quickly became very popular within the city.

2023–24 season

On 24 May 2023, Jeffery Taylor renewed his contract with the club until 2025, with an option for an additional year. By joining the remaining core of the team: Adas Juškevičius, Eigirdas Žukauskas, Regimantas Miniotas, Kristupas Žemaitis, Vitalijus Kozys, Arnas Beručka.

On 17 August 2023, Jonas Valančiūnas joined the investors of the club.^[2]

Current roster

BC Wolves roster
Players	Coaches
Pos. No. Nat. Name Ht. Age G 1 Sulaimon, Rasheed 1.93 m (6 ft 4 in) 88 kg (194 lb) 29 – (1994-03-09)9 March 1994 F/C 2 Mekowulu, Christian 2.05 m (6 ft 9 in) 111 kg (245 lb) 28 – (1995-03-17)17 March 1995 PF 4 Brooks, Garrison 2.06 m (6 ft 9 in) 104 kg (229 lb) 24 – (1999-06-29)29 June 1999 F 6 Žukauskas, Eigirdas 2.04 m (6 ft 8 in) 104 kg (229 lb) 31 – (1992-06-03)3 June 1992 PG 8 Kariniauskas, Vaidas 1.98 m (6 ft 6 in) 92 kg (203 lb) 30 – (1993-11-16)16 November 1993 F/C 10 Miniotas, Regimantas (C) 2.08 m (6 ft 10 in) 105 kg (231 lb) 27 – (1996-03-14)14 March 1996 PG 13 Žemaitis, Kristupas 1.92 m (6 ft 4 in) 85 kg (187 lb) 27 – (1996-06-24)24 June 1996 F 15 Thurman, Tre'Shawn 2.01 m (6 ft 7 in) 102 kg (225 lb) 28 – (1995-12-15)15 December 1995 F 19 Kozys, Vitalijus 2.01 m (6 ft 7 in) 97 kg (214 lb) 24 – (1999-04-30)30 April 1999 G/F 21 Beručka, Arnas 1.96 m (6 ft 5 in) 91 kg (201 lb) 26 – (1997-03-17)17 March 1997 PG 32 Žagars, Artūrs  1.90 m (6 ft 3 in) 78 kg (172 lb) 23 – (2000-04-21)21 April 2000 C 41 Gagić, Đorđe 2.11 m (6 ft 11 in) 115 kg (254 lb) 33 – (1990-12-28)28 December 1990 SF 44 Taylor, Jeffery 2.01 m (6 ft 7 in) 102 kg (225 lb) 34 – (1989-05-23)23 May 1989	Head coach Kęstutis Kemzūra Assistant coach(es) Nedas Pacevičius Marius Leonavičius Athletic trainer(s) Laimonas Rimkus Legend (C) Team captain Injured Roster Updated: September 20, 2023

Depth chart

Pos.	Starting 5	Bench 1	Bench 2	Inactive
C	Christian Mekowulu	Garrison Brooks	Đorđe Gagić
PF	Eigirdas Žukauskas	Regimantas Miniotas	Vitalijus Kozys
SF	Tre'Shawn Thurman	Jeffery Taylor
SG	Rasheed Sulaimon	Arnas Beručka
PG	Vaidas Kariniauskas	Kristupas Žemaitis		Artūrs Žagars

Squad changes for/during 2023–24 season

In

No.	Pos.	Nat.	Name	Moving from
21	C		Christian Mekowulu	Basket Zaragoza
15	SF		Tre'Shawn Thurman	Filou Oostende
14	C		Đorđe Gagić	Borac Čačak
1	G		Rasheed Sulaimon	Konyaspor
8	PG		Vaidas Kariniauskas	M Basket Mažeikiai
32	PG		Artūrs Žagars	Nevėžis Kėdainiai
55	C		Egidijus Mockevičius	Athletic Constanța
4	PF		Garrison Brooks	Wonju DB Promy

Out

No.	Pos.	Nat.	Name	Moving to
1	G		Juan Gómez de Liaño	Seoul SK Knights
27	SF		Tomas Pačėsas Jr.	Arka Gdynia
33	SG		Herkus Kumpys	Peñas Huesca
12	C		Marcos Delia	APU Udine
20	C		Eric Buckner	Free agent
2	C		Jerai Grant	Fuerza Regia
7	PG		Ahmad Caver	Hapoel Holon
8	SF		Mindaugas Lukauskis	Jurbarkas-Karys
11	PF		Rashard Kelly	Prometey
55	C		Egidijus Mockevičius	VL Pesaro
3	SG		Adas Juškevičius