After New Orleans announced they're abandoning the Hornets nickname Thursday, the Bobcats said they are investigating the possibility of reclaiming the moniker.
ESPN's Marc Stein reported several days ago that the Bobcats had started looking into the idea of becoming the Hornets. The current Hornets franchise, soon to be the Pelicans, took the nickname with them when they moved from Charlotte to New Orleans in 2002. The Bobcats then entered the league as an expansion franchise in 2004, bringing the NBA back to Charlotte.
Source: Marc Stein on Twitter