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Charlotte Hornets

Charlotte Hornets
2024–25 Charlotte Hornets season
Charlotte Hornets logo
ConferenceEastern
DivisionSoutheast
Founded1988
HistoryCharlotte Hornets
1988–2002, 2014–present
Charlotte Bobcats
2004–2014[1][2][3]
ArenaSpectrum Center
LocationCharlotte, North Carolina
Team colorsTeal, dark purple, gray, white[4][5][6]
       
Main sponsorNone
PresidentShelly Cayette-Weston
General managerJeff Peterson
Head coachCharles Lee
OwnershipGabe Plotkin & Rick Schnall (majority)
Eric Church, J Cole, and Michael Jordan (minority)[7][8]
Affiliation(s)Greensboro Swarm
Championships0
Conference titles0
Division titles0
Retired numbers1 (13)
Websitewww.nba.com/hornets
Association jersey
Team colours
Association
Icon jersey
Team colours
Icon

The Charlotte Hornets are an American professional basketball team based in Charlotte, North Carolina. The Hornets compete in the National Basketball Association (NBA) as a member of the Southeast Division of the Eastern Conference. The team plays its home games at the Spectrum Center.

The original Charlotte Hornets franchise was established in 1988 as an expansion team owned by George Shinn. In 2002, Shinn moved the franchise to New Orleans. The team continued to play as the Hornets until 2013, when its name was changed to the New Orleans Pelicans.

As part of an agreement with the NBA, a new team known as the Charlotte Bobcats began competing in the 2004–05 NBA season.[9] On June 15, 2006, Michael Jordan, a former NBA player and member of the Naismith Basketball Hall of Fame, acquired a minority stake in the franchise and became its managing member of basketball operations. On February 17, 2010, an ownership group led by Jordan purchased a majority share of the franchise.[10] In 2013, the Bobcats announced they would begin playing under the Charlotte Hornets name in the 2014–15 season.[11][12][13] On the day the name change became official, the franchise reclaimed the history and records of the original Hornets.[14] The Hornets are now retroactively considered as having suspended operations from 2002 to 2004, while the Pelicans are now considered a 2002 expansion team.

In August 2023, Jordan sold his majority stake in the Hornets to a group of investors led by Gabe Plotkin and Rick Schnall.[15][16] He retained a minority share in the ownership of the team.[16]

  1. ^ "Charlotte Hornets Name Returns to Carolinas". Hornets.com. NBA Media Ventures, LLC. May 20, 2014. Archived from the original on May 22, 2014.
  2. ^ "NBA.com/Stats–Charlotte Hornets seasons". Stats.NBA.com. NBA Media Ventures, LLC. Archived from the original on December 2, 2022. Retrieved December 2, 2022.
  3. ^ "Franchise History–NBA Advanced Stats". NBA.com. NBA Media Ventures, LLC. Retrieved May 13, 2024.
  4. ^ Phaler, Sean (November 24, 2013). "Purple and Teal Color Palette to Re-Join Hornets Name in Charlotte". Hornets.com. NBA Media Ventures, LLC. Retrieved January 17, 2018.
  5. ^ "Charlotte Hornets Brand Identity Unveiled". Hornets.com. NBA Media Ventures, LLC. December 21, 2013. Retrieved May 15, 2016.
  6. ^ "Charlotte Hornets Reproduction and Usage Guideline Sheet". NBA Properties, Inc. Archived from the original on December 22, 2017. Retrieved December 22, 2017.
  7. ^ "Group Led by Gabe Plotkin and Rick Schnall Finalizes Purchase Of Majority Stake In Charlotte Hornets From Michael Jordan". Hornets.com. NBA Media Ventures, LLC. August 3, 2023. Retrieved December 22, 2024.
  8. ^ Reed, Steve (August 23, 2023). "Michael Jordan's sale of majority ownership of Hornets finalized". NBA.com. NBA Media Ventures, LLC. Retrieved December 22, 2024.
  9. ^ "Charlotte Bobcats Become NBA's 30th Team". www.nba.com. Retrieved April 10, 2024.
  10. ^ "Here's a timeline of Michael Jordan's ownership of the Charlotte Hornets". NBC Sports Chicago. June 17, 2023. Retrieved April 10, 2024.
  11. ^ "Charlotte Hornets Name Returns to Carolinas". www.nba.com. Retrieved April 10, 2024.
  12. ^ "Jordan: Bobcats changing name to Hornets | NBA.com". NBA.com. June 8, 2013. Archived from the original on June 8, 2013. Retrieved April 10, 2024.
  13. ^ Spanberg, Erik (April 29, 2014). "End of an era: With Charlotte Bobcats out of the playoffs, Hornets return". www.bizjournals.com. Retrieved April 10, 2024.
  14. ^ "Charlotte Hornets assume historical records from New Pelicans". NBC Sports. May 20, 2014.
  15. ^ Wilson, Charlie (August 3, 2023). "Michael Jordan completes sale of NBA team Charlotte Hornets". The Mirror. Retrieved April 10, 2024.
  16. ^ a b "Hornets sale from Michael Jordan to Gabe Plotkin, Rick Schnall finalized". ESPN.com. August 3, 2023. Retrieved April 10, 2024.

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