Charlotte Bobcats Net Worth is277 $Million
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The Charlotte Bobcats are a professional basketball team based in Charlotte, North Carolina. They play in the Southeast Division of the Eastern Conference in the National Basketball Association. The Bobcats were established in 2004 as an expansion team, two seasons after Charlotte's previous NBA team, the Charlotte Hornets, relocated to New Orleans. The team is owned by former NBA player Michael Jordan, who acquired the team in 2010. The Bobcats play their home games at Time Warner Cable Arena in center city Charlotte. As of the end of the 2011a??12 season, the Bobcats have compiled a record of 229a??411. In their 8-year history they have qualified for the postseason just once, which was during the 2009a??10 season when they achieved a record of 44a??38.
When the Charlotte Hornets relocated to New Orleans in 2002, the NBA promised Charlotte leaders that the city would be granted an NBA expansion team for the 2004a??05 season. Several ownership groups, including one led by former Boston Celtics star Larry Bird, made bids for the team. On December 18, 2002, a group led by Black Entertainment Television founder Robert L. Johnson was awarded the franchise, allowing him to become the first majority African American owner in U.S. major professional sports. The rapper Nelly became another notable co-owner.
In June 2003, the team was named the Bobcats. The Charlotte Regional Sports Commission aided with the "Help Name The Team" effort that drew over 1,250 suggestions. During the summer of 2003, at a street festival that attracted an overflow crowd of 7,000 fans, the Charlotte NBA expansion franchise unveils "Bobcats" as the team name. The bobcat, according to the North Carolina Wildlife Commission, is an athletic, fierce predator indigenous to the Carolinas.Charlotte, already being home to the Carolina Panthers of the National Football League, made the cat-related name a likely choice for the area's new basketball team.[citation needed] There was also 'sports-talk' sp

Charlotte Bobcats Latest News

The Starting 5 | Can Michael Beasley help the Knicks?

As part of this project, Ziller took a look back at the last expansion draft in 2004 when the Charlotte Bobcats became a thing. Because of a deal worked out between the Bobcats and Phoenix Suns before the expansion draft, the Suns were able to land Steve Nash.
Posted: August 9, 2017, 12:44 pm

Chaotic baseball life fits fine for Haas family

I’ve known these two for more than 13 years, ever since a then-Katie Kirschner began working for the Charlotte Bobcats in 2004. I’ve seen them date, get married, relocate, have children, raise a family and build their professional lives around baseball.
Posted: August 14, 2017, 3:43 am

Twins get taste of Southern hospitality

It began with window shopping at the Concord Mills Mall, followed by a tour of the SEA LIFE aquarium and a quest to find Charlotte Bobcats owner Michael Jordan. The Twins may not have found the elusive basketball icon, but they did find a good fallback in ...
Posted: August 13, 2017, 1:26 am

How the Bobcats' 2004 NBA expansion draft helped the Suns land Steve Nash

So was the last real NBA expansion draft, held in 2004. It was a delightfully wacky exercise in team-building that birthed the ignominious Charlotte Bobcats. How did the Bobcats do that summer, between the June 22 expansion draft and the June 24 amateur draft?
Posted: August 11, 2017, 12:17 pm

Charlotte Hornets’ Top-5 guards of all-time: Is Kemba Walker already #1?

For the sake of creating the best talent pool, this list includes all guards that have suited up in a Charlotte uniform. Players from the original Hornets franchise, and the current Bobcats/Hornets franchise all qualify. Without further ado: here’s the ...
Posted: August 10, 2017, 3:06 am
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