The Charlotte Hornets 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.