The team is largely owned by retired NBA player Michael Jordan, who acquired controlling interest in the team in 2010. The Hornets play their home games at the Spectrum Center in Uptown Charlotte.
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. In 2013, the New Orleans' franchise announced it would rebrand itself the New Orleans Pelicans, ultimately returning the Hornets name, records, and official history (spanning from 1988 to 2002) to Charlotte.
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