Education
Nicknamed "Black Magic," Lloyd played his high school basketball at in Philadelphia, the same as Wilt Chamberlain.
He graduated from Drake University in Des Moines, Iowa after starting his college career at the junior college, New Mexico Military Institute in Roswell. Lloyd averaged 30.2 points and 15 rebounds per game in his junior year and 26.3 per game as a Senior. He was a two time winner of the Missouri Valley Conference Player of the Year while at Drake.
Lloyd"s #30 jersey is retired at Drake.
Career
A 6"6" swingman from Drake University, he played most of his professional career for the National Basketball Association"s Houston Rockets. Lloyd played seven seasons in the National Basketball Association, after being selected in the fourth round of the 1981 National Basketball Association Draft by the Golden State Warriors. After two seasons in Oakland, he moved to the Houston Rockets, where he would play three full seasons, appearing in 246 out of 246 possible regular season contests while always scoring in double digits.
In late 1986, however, Lloyd tested positive for cocaine alongside teammate Mitchell Wiggins, incurring a two 1/2-year suspension from the league, as the former was also immersed in a flamboyant lifestyle.
Soon after his reinstatement in September 1989, Lloyd was released by Houston, retiring at the end of the season after two matches with the Philadelphia 76ers, holding averages of 13 points, three rebounds and three assists, in 388 games. He also appeared in 20 post-season contests in 1986 as the Rockets reached the National Basketball Association Finals, losing 2–4 to the Boston Celtics.
During his time suspended from the National Basketball Association, Lloyd played for the Cedar Rapids Silver Bullets in the Continental Basketball Association during the 1988-1989 season. He averaged 18.8 points and 6.6 rebounds over 18 games.
After retiring, in the 2000s, Lloyd conducted youth basketball clinics in the Philadelphia area.