The original Hornets franchise was established in 1988 as an expansion team, owned by George Shinn. In 2002, Shinn’s franchise relocated to New Orleans and became the New Orleans Hornets. In 2004, the NBA established the Charlotte Bobcats, which was regarded as a new expansion team at the time.
Why did the Hornets leave Charlotte?
2002–2003: relocation to New Orleans
In 1997, a Charlotte woman claimed that Shinn had raped her, and the subsequent trial severely tarnished his reputation. … Shinn issued an ultimatum: unless the city built a new arena at no cost to him, the Hornets would leave town.
Who owns the whole NBA?
Originally Answered: Who owns the whole NBA? Like the other major US Sports leagues, there’s no one overarching owner – the league is a collective group of all member franchises and thus owned equally by all 30 teams.
Is the Charlotte Hornets still a basketball team?
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 league’s Eastern Conference Southeast Division.
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