The Charlotte Bobcats have scheduled a press conference for Tuesday, and they are expected to announce that the team will change its name to the Hornets, SportsBusiness Daily reported Monday.
Bobcats owner Michael Jordan will announe the team will switch to the name used by Charlotte's original NBA franchise. The team will be known as the Hornets beginning in the 2014-2015 season, according to the report.
The Hornets name became available after Saints owner Tom Benson bought the New Orleans Hornets in 2012 and this year changed the team's name to the Pelicans.
The Hornets played in Charlotte from 1988 until 20'02 before relocating to New Orleans.