More Charlotte Hornets News

Why Without $2,000,000,000 Worth Michael Jordan, Tiger Woods and LeBron James Would Have Never Become Billionaires?

Are the other billionaire athletes standing on the shoulders of Michael Jordan? His success and impact surely suggests so
LeBron James (L), Tiger Woods (M) and Michael Jordan (R) Collage

Fellow Billionaire’s Exorbitant Losses Resulted in Michael Jordan Bagging Home a $2,975,000,000 Profit

Breaking down the Michael Jordan Hornets sale, Joe Pomp revealed that the reason of his profits was due to a billionaire's financial woes.
Michael Jordan – coproprietaire des Charlotte Hornets BASKETBALL : Hornets vs Bucks – NBA, Basketball Herren, USA Paris

“Failin… Drug Test”: Hours Away From Being Drafted by Michael Jordan’s Hornets, 20YO’s Peculiar LeBron James Admission Gets Blasted by NBA World

NBA fans made a mockery out of this lottery pick in the upcoming draft for his bizarre LeBron James admission. Read here to find out more.
Michael Jordan, LeBron James

24 Hours Before the NBA Draft, Veteran Analyst Cites the Next LeBron James and It’s Not Victor Wembanyama

Young basketball starlet who's set to be drafted this year gets compared to a basketball legend, LeBron James by a veteran analyst.
NBA, Basketball Herren, USA G League-Boulogne-Levallois Metropolitans at Ignite Oct 4, 2022; Henderson, NV, USA; NBA G

“Michael Jordan Is the Worst NBA Owner”: After $3,000,000,000 Hornets Sale, Fans Call Out the Billionaire for the Team’s Possible Draft Preference

Michael Jordan is all set to make one major decision before the $3 billion sale of the Charlotte Hornets is finalized, but fans are not happy.
NBA – Charlotte Hornets v Milwaukee Bucks

After Spending $5,600,000,000 With Magic Johnson on NFL Team, NBA Millionaire Splurges to Battle Michael Jordan and More in NASCAR

After partnering up with Magic Johnson, this NBA owner is ready to step on the same battlefield as Michael Jordan. Read more here.
Magic Johnson, Michael Jordan

3 Days After Michael Jordan Mints $2,820,000,000 Profit, Ex-Player Reveals Former Hornets Owner’s Real Image in Team’s Eyes

The GOAT, Michael Jordan, has a smoking-hot habbit!
Morning Fourballs – 2014 Ryder Cup

Despite $2,820,000,000 Profit, Michael Jordan Makes 1 Final Decision for Hornets

After selling his majority stake in the Hornets, Michael Jordan eyes Brandon Miller as the #2 Pick in a major decision for the team.
NBA – Charlotte Hornets v Milwaukee Bucks

After Whopping $3,000,000,000 Sale of the Hornets, Former Yankees Captain Returns to Michael Jordan’s MLB Franchise

A former Miami Marlins manager returns in a new role shortly after minority owner Michael Jordan makes a big move with the Charlotte Hornets.
Jordan Jeter

“LeBron (James) Is… Owner”: 72 Hours After Michael Jordan’s Hornets Sale, GOAT Rival’s Las Vegas Dream Gets More Robust With a $10,000,000,000 Project

After Michael Jordan sold a majority of his share in the Charlotte Hornets, there's major news about LeBron James' desire to be an owner.
Michael Jordan, LeBron James

Following the $3,000,000,000 Hornets Sale, Michael Jordan Further Pushes Away LeBron James From Reaching His Extortionate Net Worth

With the sale of his team the Charlotte Hornets, Michael Jordan maintains lead against LeBron James in accumulated wealth
LeBron James, Michael Jordan

Michael Jordan, Who Gained a Whopping $2,725,000,000 From Hornets Sale, Was Compelled to Take a Career Detour to “Easily Attract a Mate”

Before becoming a basketball phenomenon, the NBA legend, Michael Jordan was a hopeless kid who excelled in a very unusual aspect of life.
Michael Jordan

About Charlotte Hornets

Charlotte Hornets 2022: News, Schedule, Roster, Score, Injury Report

The Charlotte Hornets compete in the NBA as a part of the Southeast Division in the Eastern Conference. Six-time NBA champion Michael Jordan is the controlling owner of the franchise. 

As for their logo, the Charlotte Hornets have very much visualized it to suit their team’s name. Grabbing the center of attention is a teal and dark purple hornet with a vicious stinger on its body.

The team’s name is fitted in bold font on the hornet’s body, while a basketball pattern can be seen attached to the insect’s stinger. 

Furthermore, the Charlotte Hornets play their home games at the Spectrum Center. This has been their home arena since the 2005/06 NBA season and the multi-purpose arena can hold up to 19,000 fans during NBA games. 

Who owns the Charlotte Hornets?

Hall of Famer Michael Jordan showcased massive interest in buying the team in the 2000s as he is a native of North Carolina, the state where the Hornets are based. After purchasing minority stakes, Jordan then expanded his interests by purchasing a 97% stake in the team for a whopping $180 million in 2010. 

The sale was approved and Michael Jordan became the controlling owner of the Charlotte Hornets, much to the delight of his fans. Jordan’s investment in the Hornets is earning him juicy dividends by the year. 

Even though the team is not placed too potently, their value as a franchise has been on the rise. Forbes estimates the Hornets’ value at $1.5 billion, a meteoric rise since Jordan’s purchase. 

Also Read: Why did Michael Jordan Buy The Charlotte Hornets? Price, Estimated Worth and More

Head Coach and Top Executives 

James Borrego is the current Head Coach of the Charlotte Hornets. He replaced Steve Clifford and took over the role in 2018 to become the 11th head coach in franchise history. Prior to taking the Hornets job, Borrego served as the assistant coach with the San Antonio Spurs and the Orlando Magic. 

Borrego enjoyed a good first season with the Hornets and is expected to guide the team past the regular-season in the upcoming years. The New Mexico native is also a 2x NBA champion, with both victories coming during his stint with the Spurs as their assistant coach. 

NBA Legend Mitch Kupchak serves as the General Manager and President of the Charlotte Hornets franchise. Kupchak was taken into the role considering his massive experience in performing an executive’s role. 

Kupchak most famously served as the Los Angeles Lakers’ GM during their dominant run in the 2000s decade. Thus, Michael Jordan hired him in 2018 to work with the Hornets.

History

The Charlotte Hornets were initially established in 1988 as an expansion team by the NBA. The initial years were a bit of a struggle, but the Hornets gained playoff status in their fifth year in the league. They famously beat the Celtics in the 1993 postseason, but were knocked out in the subsequent series. 

Similar results followed for the Hornets franchise, with stars like Dell Curry, Alonzo Mourning, Kendall Gill. However, the team’s principal owner George Shinn relocated the franchise to New Orleans, after which they had to remove the Charlotte tag. 

However, the NBA also brought in a new expansion team in 2004, which was then called “Charlotte Bobcats.” The Bobcats were then officially recognized as Charlotte’s official team, but they failed to deliver the results. 

In their ten-year history where the franchise played as the Bobcats, they only made two playoff appearances. The team had athletes like Garrett Temple, Stephen Jackson playing for them, but finishing in the playoff spot proved to be a demanding task. 

Michael Jordan took over ownership duties, and good news followed shortly. The Hornets name was returned to the franchise after New Orleans wanted to rebrand themselves as the Pelicans. One of the brightest draft picks the franchise made was the signing of Kemba Walker in 2011.

Walker went down as the 9th overall pick and spent eight years with the team. He made three All-Star appearances while playing for the Hornets, one of the very few Charlotte players to receive the honor. 

Charlotte Hornets: Mascot and Uniform

The franchise gave birth to an enjoyable new mascot to excite their fans way back in 1988. “Hugo the Hornet” or just “Hugo” is a brightly dressed Hornet who entertains fans at their home games. 

His moniker was selected by a poll that involved more than 6,000 suggestions. To add to his honor, Hugo is a 4x champion of the NBA Mascot Slam Dunk championship. 

As for their uniforms, the Hornets’ primary colors of teal, dark purple, gray, and white dominate their jerseys. For the 2019/20 season, the team wore white “Association” uniforms and teal “Icon” uniforms, and purple “Statement” Uniforms. 

Team’s Sponsors 

Online lending marketplace Lendingtree is the main sponsor of the Charlotte Hornets. The company is also the official jersey sponsor of the franchise, and they mutually agreed on a three-year extension in 2020. 

Besides Lendingtree, the Hornets have tie-ups with several other companies. ExxonMobil, Domino’s Pizza, ParkMobile are some other sponsors of the Charlotte Hornets. 

History and Achievements 

Founded 

1988
Conference

Eastern

Division 

Southeast
President/ General Manager

Mitch Kupchak

Head Coach 

James Borrego
Arena 

Spectrum Center

Championships (0)

-
Conference Titles (0)

-

Division Titles (0)

-
Website

www.nba.com/hornets

Charlotte Hornets 2021-22 roster

2LaMelo BallPG6-6180August 22, 2001
12Kelly Oubre Jr.C6-8255August 28, 1992
0Miles BridgesPF6-6225March 21, 1998
22Vernon Carey Jr.C6-9270February 25, 2001
24Mason PlumleeC6-11254March 5, 1990
4Devonte' GrahamPG6-1195February 22, 1995
20Gordon HaywardSF6-7225March 23, 1990
10Ish SmithPG6-0175July 5, 1988
11Cody MartinSF6-5205September 28, 1995
6Jalen McDanielsSF6-9205January 31, 1998
23Kai JonesC6-11218January 19, 2001
14Nick RichardsPF7-0245November 29, 1997
5James BouknightSG6-519September 18, 2000
3Terry RozierSG6-1190March 17, 1994
25P.J. WashingtonPF6-7230August 23, 1998
21JT ThorPF6-10205August 26, 2002