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 201112 season, the Bobcats have compiled a record of 229411. In their 8-year history they have qualified for the postseason just once, which was during the 200910 season when they achieved a record of 4438. 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 200405 season.
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