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

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Charlotte Bobcats Latest News

Tom Talks: Carolina Panthers are your lock of the week

He scored 18 points on only 11 field goal attempts, and added 10 rebounds… Only three times have the Carolina Panthers and the Charlotte Hornets/Bobcats had winning records in the same season (1996, 2...
Posted: November 14, 2018, 9:57 am

Thunder reunites with former athletic trainer Joe Sharpe in Charlotte

Sharpe was the head athletic trainer for the Charlotte Bobcats for four years before spending 10 seasons with the Thunder. “One of my favorite guys,” Thunder coach Billy Donovan said Thursday ...
Posted: November 1, 2018, 9:33 am

Bobcats, Lady Bobcats Fall In Basketball Season Openers

The Bobcats (0-1) were held to 31.4 percent shooting from the ... prepared to start its 98th year on the hardwood as the 2018-19 edition tips off Tuesday at Charlotte. A quick glance at the ... (click ...
Posted: November 3, 2018, 6:58 pm
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