See how it works in the video. The classic neon lamp is made of a glass tube containing a mixture of neon (99.5%) and argon gas. There are two electrodes, one positive, and the other negative. Voltage rises and an arc is struck between.
Jordan first became an investor in the Hornets (then the Bobcats) in 2006 and became the controlling owner in 2010 when he bought out Robert Johnson for $175 million. In January we valued the Hornets at $410 million.
The team is largely owned by former NBA player Michael Jordan, who acquired controlling interest in the team in 2010. The Hornets play their home games at the Spectrum Center in Uptown Charlotte. The original Hornets franchise was established in 1988 as an expansion team, owned by George Shinn.