[91] In February 2014, the team received Gary Neal and Luke Ridnour in a trade with the Bucks. [204] Rufus D. Lynx was officially retired following the conclusion of the 201314 NBA season, and the Hornets made him a farewell video in May 2014. Road uniforms were blue and featured an arched "Charlotte" in white with blue and orange trim. Note: GP = Games played, W = Wins, L = Losses, WL% = Winning percentage, The Hornets played their first 15 seasons at the Charlotte Coliseum, which was called "The Hive" by fans. As a result, the league considers the Hornets retrospectively, having suspended operations from 2002 to 2004. The others were October 2022 (6-0), October 2018 (7-0) and March 1973 (13-0). The silhouetted Hornets logo was moved to the sides of the shorts while the partial logo was placed on the beltline. The arena was only 19 years old, owned by the city of Charlotte, but was already considered outdated because of a lack of luxury boxes and suites. The front of the uniform featured the "CHA" acronym in bold white letters with teal trim, while teal "stinger" stripes accentuate the sides. The Hornets also signed former Jazz and Atlanta Hawks forward Marvin Williams to a two-year deal. While most teams feature team names on home jerseys and their home city on away jerseys, the Hornets' uniforms had "Charlotte" on both home and away jerseys. His jersey hung from the rafters of the Charlotte Coliseum until the franchise relocated in May 2002; it was then displayed in the New Orleans Arena until 2013. The masked crime-fighting vigilante used a weapons-laden Chrysler Imperial Crown, nicknamed Black Beauty, in the 1966 television show . Former college coach and veteran NBA assistant Dick Harter was hired as the team's first head coach. [17] The team's uniforms, designed by international designer and North Carolina native Alexander Julian, featured a first for NBA uniformspin stripes. Air USA doesn't just own F18s, its illustrious line of aircraft include BAE Systems Hawk, MiG-29, Aero L-39 and L-59 Albatros and Dassault Alpha Jet. Thunder (protected top 14) pick would transfer because Nuggets pick is currently not within top 14. 47m. The team achieved the best season in its history at the time, finishing 5428, and making it back to the playoffs. That maze of copyrights likely means that the Slender Man movie will largely be based on Knudsen's work or on the Marble Hornets project - either of which would have fairly straightforward copyright and trademark status. In 2001, Jordan made a second improbable comeback and still averaged 20 points per game and . [98] In 2007 the Bobcats unveiled a secondary logo, consisting of a snarling bobcat head facing forward with one side shaded orange, and the other blue. Members of the team rebelled against Dick Harter's defense-oriented style, and he was replaced mid-season by assistant Gene Littles following an 832 start. This will turn out to be the team's 16th loss, keeping them at 8th in the standings. [125] The Hornets finished the 202021 season 10th in the East with a 3339 overall record. Kemba Walker was named an Eastern Conference All-star as a reserve, the first all-star game of his career. At that point, the enterprise value . [104] The team also picked up Scotty Hopson (whom they would trade to New Orleans) and cash considerations in free agency. The team struggled amid rumors of players clashing with the coach. [147][148], Charlotte's "City" uniform for the 202021 season paid homage to the city's history as the first to house a U.S. Unlike many expansion franchises that invest in the future with a team composed entirely of young players, Charlotte stocked its inaugural roster with several veterans in hopes of putting a competitive lineup on the court right away. Denny Hamlin will be a minority owner in the team while still driving his usual 11 car for Joe Gibbs Racing. [133] During the off-season, notable additions included drafting Duke center Mark Williams with the 15th pick of the 2022 NBA Draft and the free agent signing of point guard and North Carolina native Dennis Smith Jr.[134][135], The Hornets' first logo was a teal and purple anthropomorphic hornet wearing white shoes and gloves dribbling an orange basketball. [203] Rufus D. Lynx is featured in NBA Jam 2010. 1988" sign acknowledging the team's inaugural year. Despite struggling for most of the year, they managed to close out the season with four straight wins to finish with a record of 2656, an eight-game improvement from the previous season. List of the last five seasons completed by the Hornets. The president appoints the Federal Reserve chair, currently Jerome Powell. [94] The NBA announced, on July 18, 2013, that it had unanimously approved the rebranding, which would begin upon the conclusion of the 201314 season. Michael Jordan owns 5 houses across America. A cell pattern adorned the sides. Jordan, who owns the Charlotte Hornets, agreed to sell a minority stake in a 2019 deal that valued the NBA team at $1.5 billion.. How much did Michael Jordan pay for the Hornets? Swarm Add Ashton Hagans to Roster. Pinstripes are in gold. [158][159] When the Hornets returned to Charlotte, "The Hive" nickname also returned to the arena. Charlotte finished 2161, the second-worst record in the league. Bonnell noted Jordan owns approximately 97 percent of the team. What Team Does Michael Jordan Own. No word on how much he is selling or the value of the sale. The team would play its home games at the Coliseum until the new building was ready. When our founder couldn't find one brand to trust for all her everyday needs, she had to create it. The Charlotte Hornets saw a year-over-year 20 percent increase in value in the 2018-19 season under the ownership of Michael Jordan, according to Forbes. There is a wide range of props that vary on how they are used and what they are used for. In August 2016, the arena was renamed the Spectrum Center after Time Warner's merger with Charter Communications and its Spectrum consumer/business branding.[160]. Branch Mint and the Carolina Gold Rush. Hamlin said details about the single . The Hornets fired James Borrego after four seasons in April. [51] On December 18, 2002, a group led by BET founder Robert L. Johnson was awarded the franchise,[52] allowing him to become the first majority African American owner in U.S. major professional sports since the Negro leagues. It is regularly used for various legal purposes. The number placement on the left chest was reminiscent of the Bobcats' original uniforms. The addition of Carolina blue was seen as way to connect owner Michael Jordan's collegiate roots, while the formal adoption of 'Cats' for marketing purposes reflected a popular nickname. Specialties: We are proud and excited to be serving the Damascus community! Daniel Gilbert ( Net Worth - $44.8 Billion) Team - Cleveland Cavaliers. Year of purchase - 2005. However, Charlotte was bounced from the playoffs in the first round, falling to the Chicago Bulls in four games. Italic denotes still active but not with team. After eight seasons with the team, Walker grew frustrated with the lack of success and the lowball offer the Hornets made in free agency. The uniform brought back the "Hornets" wordmark in front along with white numbers and teal cell accents on each side. [58] It has also been speculated that Johnson chose the name "Bobcats" in reference to his own name.[59][60]. WJZY became the Hornets' over-the-air flagship in 1992, and remained as such until 1998. Chicago Bulls. At a press conference regarding the change, team officials also announced that as part of a deal with the NBA and the renamed New Orleans Pelicans, Charlotte acquired the history and records of the 19882002 Hornets (in a move similar to that of the National Football League's Cleveland Browns return to the league in 1999), while all of the Hornets' records during their time in New Orleans from 2002 to 2013 remained with the Pelicans. For instance, WHOIS information can be used to check domain name availability, identify trademark infringement, and keep domain name registrants . Despite getting 14 or more points from four players, Greensboro falls 110-100 to Cleveland. According to Bonnell, "a source familiar with the . Late on Saturday afternoon, the Hornets confirmed the news that Gabe Plotkin and Daniel Sundheim will become part of the ownership group, pending NBA approval. [158] As of the 202021 season, Hornets games are carried by Bally Sports Southeast with Eric Collins and Dell Curry, along with in-game reporter and Hornets Live host Ashley ShahAhmadi. In 2013, the Bobcats announced they would rebrand to the Charlotte Hornets beginning with the 201415 season. The Black Beauty is a 1965 Imperial Chrysler Crown with prop machine guns and rockets among other niceties. Along the jock tag the Hornets added the "EST. Originally, the new team was going to be called the Charlotte Spirit, but a name-the-team contest yielded "Hornets" as the winning choice. After the season, the Bobcats announced that NBA legend and North Carolina native Michael Jordan had bought a minority stake in the team. 6:34 pm ET, Bucks vs. 76ers odds, picks, computer sims, Morant to miss 'at least' two games after IG post, NBA DFS picks, lineups, advice, March 4 strategy, Grizzlies' Clarke out for season with Achilles injury, Raptors vs. Wizards odds, picks, computer sims, Streaking Warriors must overcome one major roadblock, Window for Durant, Suns is open -- until it's not, Morant to miss two games after video with gun, Nuggets beat Grizz, likely lock up West's top spot, Randle's game-winner runs Knicks' win streak to eight, Celtics booed off floor after blowing 28-point lead. The name comes from the scientific name of the bobcat, which is Lynx rufus. He's also faced criticism for the stance he took during the 2011 lockout, during which he wanted to limit the players' share of basketball related income -- a direct reversal of the stance he took during his playing days. Shinn hired Carl Scheer as the team's first President and General Manager. Rod Higgins was hired as general manager,[70] and Sam Vincent was hired as the second head coach in franchise history. Today the world is dominated by 30 financial corporations that hold more than half the shareholdings of its corporate giants. [115], In the 201718 season Kemba Walker was selected for his second NBA All-Star appearance and passed Dell Curry for most three-pointers and the all-time leading scorer. [130][131] The team finished the 20212022 season with a 4339 overall record. Sessions signed with the New York Knicks, and, to replace the backup guard, they brought in former rookie of the year Michael Carter-Williams from the Chicago Bulls. Out of Nowhere, Ashton Hagans Makes History for Greensboro Swarm. [32][33] Charlotte now had two 2010 threats in Johnson and Mourning, who with Kendall Gill, formed perhaps the league's top young trio. [29] Johnson had an impact season, finishing among the league leaders in points and rebounds, and winning the 1992 NBA Rookie of the Year Award. The Hornets is mainly owned by Basketball Hall of Famer Michael Jordan, who acquired a controlling interest in the team in 2010.[8][9]. The Bobcats hired Bernie Bickerstaff as the first head coach and general manager in franchise history. The 199899 season was shortened. The team chose teal and purple as its primary colors and featured a first for NBA uniformspinstripes. In addition, the Bucks have completed a perfect month (10-0) for the fourth time in franchise history. [113] In the draft, Charlotte selected Malik Monk with the 11th overall pick, as well as Frank Jackson with the 31st pick. This logo would become prominent in the team's marketing and be featured at center court from 200708 until 201314. As part of the Time Warner Cable Arena deal, the Bobcats signed over broadcasting rights to Fox Sports South. In 2010, he took full control of the team and became the only African-American to be a majority owner of an NBA franchise. [43] With Wesley, Phills, Rice, Mason, and Divac, the Hornets romped through the regular season, finishing with a 5131 record. From 1995 to 1998, some games aired on WJZY's sister station, WFVT-TV (now WMYT-TV). [126] On June 16, 2021, Ball was named 202021 NBA Rookie of the Year, becoming the third player in franchise history to win the award. The 199798 season was also successful. [92] However, the Bobcats were swept in four games by defending champion Miami in the first round. Furthermore, he has many hobbies and interests, so the Gulfstream 550 is an excellent choice for entertaining guests while traveling. Of the 46 jets purchased by Kirlin, 36 are still flying today. [67] In their second season, the Bobcats opened Charlotte Bobcats Arena with an overtime victory over the Celtics. In light of the exciting news that Sir Elton John's Farewell Yellow Brick Road Tour is stopping off at Vicarage Road for two nights in July 2022, it's time to take a look back at the former Chairman's close relationship with Watford Football Club, stretching over the last 50 years.. A boyhood Watford fan born in Pinner, Sir Elton attended Watford matches at Vicarage Road from the age of . Serve breakfast all day and have daily specials. Pinstripes alternate between gold and mint. For example, the Dodd-Frank Wall Street Reform and Consumer Protection Act limited the Fed's powers. For the 200910 season, the Bobcats sported redesigned uniforms, having a mixture of characteristics from both Hornets and Bobcats uniforms. As part of an agreement with the NBA, Charlotte returned for the 200405 NBA season, known as the Charlotte Bobcats. [207], From 1988 to 1992, the Hornets aired most road games, and occasional home games, on a network of stations in North Carolina, South Carolina and Virginia fronted by WCCB in Charlotte. In April 2018, Mitch Kupchak was named as the new president of basketball operations and general manager. But those numbers are hardly reflected in the ownership ranks. The white home uniforms sported the shorter nickname 'Cats' in navy and Carolina blue trim, while the numbers were in Carolina blue and navy trim, with navy side stripes. And now his ownership stake in the Jazz. Inside the 'C' was a smaller white letter 'H' outlined in teal, with a black-colored hornet holding a basketball from birds-eye view placed in the center. 1 overall pick", "Bobcats Select Michael Kidd-Gilchrist with the Second Overall Pick in 2012 NBA Draft", "Charlotte Bobcats 20122013 Season Summary", "Bobcats select Cody Zeller With Fourth Pick in 2013 NBA Draft", "Charlotte Bobcats 20132014 Season Summary", "LeBron, Heat cruise by Bobcats to complete sweep", "Bobcats Sports & Entertainment Applies to Change Team's Name to Hornets", "The Buzz is Back: NBA Approves Bobcats Name Change to Hornets", "Purple and Teal Color Palette to Re-Join Hornets Name in Charlotte", "Charlotte Hornets will bring back purple-and-teal colors", "Charlotte Hornets Brand Identity Unveiled", "Bobcats unveil new 'Charlotte Hornets' logo shirts, hats and gear", "Bobcats officially become Hornets in Charlotte", "NBA draft: UNC's PJ Hairston lands in Charlotte with Hornets", "2014-15 Charlotte Hornets Roster and Stats", "Hornets finally rid themselves of Lance Stephenson", "Hornets Sign Free Agent Guard Jeremy Lin", "Hornets Season Ends with Game 7 Loss in Miami", "Hornets to Reportedly Sign Roy Hibbert to One-Year, $5 Million Deal", "Hornets Acquire Marco Bellinelli from Sacramento", "Dwight Howard heads to Hornets after one season with hometown Hawks", "Hornets Officially Welcome Dwight Howard", "Charlotte Hornets draft Malik Monk at No.11 in NBA Draft", "Michael Carter-Williams, Hornets agree to a 1-year, $2.7 million deal, per report", "Charlotte Hornets Name Mitch Kupchak President of Basketball Operations & General Manager", "Hornets Relieve Clifford of Head Coaching Duties", "Hornets Sign Free-Agent Guard Tony Parker", "Kemba Walker Named Starter for 2019 NBA All-Star Game", "Hornets draft Kentucky forward PJ Washington at No.12", "Celtics Acquire Three-Time All-Star Kemba Walker", "Hornets Select LaMelo Ball, Vernon Carey Jr and Grant Riller in 2020 NBA Draft", "Hornets draft LaMelo Ball with No.3 pick, add 2 big men", "Charlotte Hornets complete sign-and-trade with Boston Celtics to acquire Gordon Hayward", "Charlotte Hornets 20202021 Season summary", "LaMelo Ball Named 202021 Kia NBA Rookie of the Year", "LaMelo Ball, Dejounte Murray named as injury replacements for 2022 All-Star Game", "Trae Young gets best of the Hornets and LaMelo Ball as Hawks end Charlotte's season", "Report: James Borrego Was Fired by Hornets in Part Because of Player Discipline", "Hornets fire coach James Borrego after 4 seasons", "Charlotte Hornets 20212022 season summary", "Charlotte Hornets Name Steve Clifford Head Coach", "Hornets draft Mark Williams from Duke and trade another first round pick", "Charlotte Hornets Sign Free Agent Dennis Smith Jr", "Bobcats to Honor Charlotte's First Pro Basketball Team, The Carolina Cougars", "Charlotte (Bob)cats Unveil New Uniforms", "Charlotte Hornets Unveil Sleeved Alternate "PRIDE" Uniform", "Hornets Unveil First Two Uniforms for 2017-18 Season", "Hornets Unveil Statement Uniform For 2017-18 Season", "Hornets Add New Purple Statement Threads to Uniform Rotation", "Hornets show off new Statement Edition uniform, court for 2022-23", "Hornets Unveil New Jordan Brand "Buzz City" Uniform", "Hornets Unveil 2018-19 City Edition Uniforms", "Hornets Unveil New, Cool Gray City Edition Uniform", "Hornets unveil new City Edition uniform for 2020-21 season", "Charlotte Hornets 22/23 City Edition Uniform: Gold Rush", "Hornets Unveil 2021-22 Nike NBA City Edition Uniform", "Hornets Unveil Classic Uniform for 2017-18 Season", "Hornets Unveil New White Classic Uniform For 2018-19 Season", "Hornets Unveil New Purple Classic Uniforms For 2019-20 Season", "The BOplex: Home of Bojangles Coliseum and Ovens Auditorium", "Charlotte Hornets 30th Anniversary Season", "Bobcats, Time Warner Cable, Fox Sports Strike Unprecedented Deal", "AP: Time Warner gets naming rights for Bobcats Arena", "Charlotte Hornets Announce Arena To Be Renamed "Spectrum Center", "NBA Salary Cap FAQ 2011 Collective Bargaining Agreement", "Hornets Acquire Wes Iwundu and Protected 2022 First-Round Pick in Three-Team Sign-and-Trade", "LaMelo Ball Named to 2020-21 All-Rookie First Team", "Larry Johnson Named NBA Rookie of the Year", "Charlotte's LaMelo Ball Named NBA's Rookie of the Year", "Charlotte Hornets All-Star Game Selections", "Glen Rice Shines on a Starry Night in Cleveland", "Hornets to Bring Phills' Retired Jersey Back to Charlotte", "Phills' No. On December 10, 2008, a little over a month into the season, the Bobcats obtained Boris Diaw and Raja Bell in a trade with Phoenix. The Bobcats won their first game against the Pacers, snapping their 23-game losing streak. 12. Charlotte Hornets Foundation Selects Bianca Rodriguez As Second Recipient Of . And we're also people, just like you. What NBA teams does Michael Jordan own? The Charlotte area had long been a hotbed for college basketball. Jordan has been involved with the Hornets since 2006 when he became a minority owner in the days when they were still called the Bobcats. The Coliseum hosted 371 consecutive NBA sell-outs (including seven playoff games) from December 1988 to November 1997. A F/A-18 Classic Hornet . The partnership between Jordan and Hamlin . [74] In the 2008 NBA draft, the Bobcats selected D. J. Augustin from Texas ninth overall. The other two are . The deal is believed to be the first simultaneous naming rights and broadcast rights deal in the history of North American professional sports. Along with the changes in ownership, this will be a much different season in Charlotte, as they'll be without franchise icon Kemba Walker. 3 Congress must approve the president's appointment. [45] He was replaced by former Celtics teammate Paul Silas, who became the team's fifth head coach. While Rice and Johnson provided high-powered scoring, Geiger tied with Johnson for the team lead in rebounds, and All-Star guard Kenny Anderson ran the point for the injured Muggsy Bogues. Shortly after, they traded with the Los Angeles Clippers to acquire the second pick in the 2004 NBA draft, which they used to select center Emeka Okafor from Connecticut. Charlotte finished the regular season 4339. [20] In 1988, the Hornets and the Miami Heat were part of the 1988 NBA Expansion Draft. Charlotte was also one of the fastest-growing cities in the United States,[13] and was previously one of the three in-state regional homes to the American Basketball Association's (ABA) Carolina Cougars from 1969 to 1974.[14]. [42] Despite the success during the regular season, the Hornets went down rather meekly to the Knicks in three games. [151], The "Classic" edition featured a revival of the original Hornets pinstriped uniforms in the current Nike template. The move came mainly because attendance tailed off dramatically, reportedly due to Shinn's declining popularity in the city. We talked to the owner of Air USA about probably the most incredible private aircraft purchase of all . [39], Glen Rice would make an immediate impact after joining the Hornets, leading the team in scoring and points-per-game during the 199596 season. At the end of the 201718 season, the Hornets did not renew the contract of general manager Rich Cho. Charlotte's second Hornets logo features a teal and purple forward-facing hornet with the words 'Charlotte Hornets' on its torso. While there is no denying that the Hornets are a struggling team, the value of the franchise has still increased and is currently estimated at over $1.5 billion. (Getty) Michael Jordan has a knack for success. [122], On November 18, 2020, the Hornets selected LaMelo Ball with the third overall pick. Jordan, whom Forbes values at $1.9 billion, bought the Charlotte franchisethen the Bobcatsback in 2010 for $275 million. 19982002: Final years of original personnel, [[[Category:All articles with specifically marked weasel-worded phrases]], Learn how and when to remove this template message, NCAA basketball tournament Most Outstanding Player, Charlotte Hornets accomplishments and records, Carolinas Sports Entertainment Television, "Charlotte Hornets Name Returns to Carolinas", "NBA.com/StatsCharlotte Hornets seasons", "Hornets Unveil New Association and Icon Edition Uniforms", "Hornets unveil new uniforms for 2020-21 season", "Charlotte Hornets Reproduction and Usage Guideline Sheet", "Hornets, LendingTree Announce New Multi-Year Founding Level Partnership Highlighted By Jersey Patch", "Michael Jordan becomes Bobcats Majority Owner", "Michael Jordan Is A Billionaire After Increasing Stake In Hornets", "Charlotte Bobcats Become NBAs 30th Team", "Jordan: Bobcats changing name to Hornets", "End of an era: With Charlotte Bobcats out of the playoffs, Hornets return", "Report: Charlotte is the 8th fastest-growing city in the US", "The unclear origins of the hornet's nest symbolism", "A closer look at the uniforms and logos of the 90s", "The Making of a Classic: An Oral History of the OG Hornets Jerseys", "How Early Hornets Architect Carl Scheer Left a Lasting Legacy on All-Star Weekend", "Cleveland Cavaliers 133, Charlotte Hornets 93", "Los Angeles Clippers 105, Charlotte Hornets 117", "1988 Charlotte Hornets started off with a bang, became wildly popular with their fans", "Charlotte Hornets 19891990 Season Summary", "Bringing Back the Buzz: New Charlotte Hornets Aim to Match Magic of Old Hornets", "Hornets Legend Alonzo Mourning to be Honored in Halftime Ceremony on February 5 Buzz City Night", "Hornets Oust Celtics in down-to-wire Style", "199293 Charlotte Hornets Roster and Stats", "1993-94 Charlotte Hornets Rosters and Stats", "Hornets Can't Catch the Bulls at Four and Bow Out: NBA playoffs: Charlotte misses two last-second shots and Chicago advances with 85-84 victory", "Kobe Bryant and the draft day trade that changed NBA history", "Charlotte Hornets 19961997 Season Summary", "Lakers Acquire Rice from Hornets in Blockbuster Deal", "Silas Signs Hornets' Dotted Line/ The Charlotte Hornets Rewarded Paul Silas Turnaround Of The Team with a contract to coach the team for Four Years", "The Dispatch - Google News Archive Search", "Belkin's potential ownership group includes Bird, Carr", "Bird, Carr thinking pro hoops in Charlotte? The team, originally known as the Bobcats, joined the NBA in 2004 as the league's 30th franchise. He would be replaced by former Los Angeles Lakers assistant head coach Steve Clifford. White and Morris Peterson in a trade with the Thunder. . Fearsome Finalists. [80] Paul Silas was hired as their new head coach the same day. The hornet's stinger is prominently featured; a basketball pattern is above the stinger. [68], The Bobcats showed some improvement during the 200607 season, posting a playoff-hopeful record of 2233 late in February 2007. Jordan, who owns the Charlotte Hornets, agreed to sell a minority stake in a 2019 deal that valued the NBA team at $1.5 billion. [143], On August 31, 2020, the Hornets unveiled new uniforms that include double pinstriped jerseys that pay homage to the jerseys worn from 1997 until 2002. In 2021, Cam Newton revealed that he is the proud father of 7 children. The chair must report on the Fed's actions to Congress. [149] This theme was then revisited in their 202223 "City" uniform, this in granite black with "CLT" (Charlotte's main abbreviation) in gold with mint trim. Scottie Pippen is an American former NBA basketball player who played a total of 17 seasons in the NBA. Eventually, the Hornets would sell out 364 consecutive games. Charlotte returned to the playoffs, where they lost to the Heat in seven games in the first round. This is a 20 percent increase from their previous year's worth. Among the team's different secondary logos includes a hornet facing to the side, its teal and purple body arched in a 'C' shape representing the city of Charlotte, and a modified version of the Hornets original logo (sans the basketball) as the official mascot logo. [37] Johnson and Mourning again led the team in points-per-game, while also leading the club in rebounding. Michael Jordan is making a good chunk of . They won eight of their first fifteen games, including a 120105 victory over the Washington Bullets. [50] Several ownership groups, including one led by former Boston Celtics star Larry Bird, made bids for the franchise. Michael Jordan purchased the Charlotte Bobcats for $275 million in . The Bobcats' inaugural game, and the first of their 200405 season took place on November 4 at the Charlotte Coliseum, and was a 10396 loss to the Washington Wizards. [44] The Hornets made it to back-to-back playoffs for the first time in franchise history, advancing to the second round, only to be stopped by the Bulls. The original "Hugo" logo was placed on the left leg, and the script "Hornets" wordmark was added to the right leg. Wings sprout up above the head on both left and right, with teal and purple details. The team's owner was Robert L. Johnson, an American media mogul who, with the founding of the Bobcats, became the . The Bobcats were unable to capitalize on off-season moves, finishing the 200708 season with a 3250 record. Jordan owns about 97 percent of the team, according to Bonnell. [146], The "City" uniform for the 201920 season moved away from the "Buzz City" concept and went with a cool grey base, purple, teal and black piping, "CHA" acronym in purple and white numbers with purple trim. [206], The Hornets have an official cheerleading squad known as the Charlotte Honey Bees. They continued to play as the Hornets until 2013, when they changed their name to the New Orleans Pelicans. Hugo was moved from the beltline to the left leg, while side stripes with pinstripes were added, in purple (away) and teal (home) colors. The credit for this brand only goes to one person, and that is Michael Jordan himself. The words 'Charlotte Hornets' were in teal and curved across the top and bottom of the logo. 2026 second round draft pick to Golden State. Michael Jordan is worth $1.3 billion. [128] The Hornets would clinch a spot in the Play-In Tournament for the second consecutive time although losing to fellow Southeast division foe the Atlanta Hawks 132103. However, it was discarded by Johnson and the team involved in creating the team's identity, being considered abstract and reminiscent of the then-current Iraq War aerial strikes. In the end, the Bobcats finished the season with a 3448 record overall, finishing 2529 under Silas. The Charlotte Hornets are an American professional basketball team based in Charlotte, North Carolina.