The Charlotte Observer, among other news outlets, is reporting that the Charlotte Bobcats will be renamed the Charlotte Hornets. The date for the change is uncertain, but almost certainly not before the 2014-2015 season at the earliest. Also undecided (or at least unannounced) are what the new Hornets colors will be.
As positive as a move as this is for the team, it will mean little unless the on court product improves.