Charlotte Hornets is a privately owned entity headquartered in the US. Founded in 2004, it operates with approximately 520 employees in the spectator sports sector. The company functions as a professional basketball team, competing as part of the Southeast Division of the Eastern Conference in the National Basketball Association (NBA).
On March 21, 2026, Appalachian State junior Maxwell Schwanz received the fifth annual Rick Bonnell Memorial Scholarship during the Charlotte Hornets' 124-101 victory over the Memphis Grizzlies, marking his first time seeing the team play in three years. Earlier on the same day, rookie Sion James continued to deliver steady contributions as a 3-and-D wing, a valuable role in the team's roster, an impressive feat for a second-round pick. Previously, on March 20, projections for the 2026 NBA Draft suggested Kentucky forward Jayden Quaintance is the most likely pick for the Hornets at No. 13 overall, as the team looks to add frontcourt help and defensive potential. The same day, reports indicated the Hornets have quietly built a blueprint for sustained success, trending towards becoming a consistent playoff threat and aiming to end their nine-season playoff drought. Additionally, an executive who has overseen Spectrum Center, the team's home arena, for the past two decades, reflected on her career and goals, having managed over 2,500 events.
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