Snapshot
November 06, 2014

Blue Cross Blue Shield signs on as official sponsor for Charlotte Hornets

Participating in this sponsorship deal:

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About Sponsor:

The Blue Cross Blue Shield Association is a federation of 38 separate health insurance organizations and companies in the United States. Combined, they directly or indirectly provide health insurance to over 99 million Americans. The history of Blue Cross dates back to 1929, while the history of Blue Shield dates to 1939. The Blue Cross Association dates back to 1960, while its Blue Shield counterpart was actually created in 1948. The two organizations merged in 1982, forming the current association.

About Property:

The Charlotte Hornets are a professional American basketball team based in Charlotte, North Carolina, that competes in the National Basketball Association . They are part of the Southeast Division in the league's Eastern Conference. 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 Time Warner Cable Arena in center-city Charlotte.

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NBA owners have considered selling advertising on team jerseys, but, for now, no decisions have been made. As for practice jerseys, that is another matter, as the Charlotte Bobcats have made clear in a new partnership with Blue Cross and Blue Shield of North Carolina.
Read more at www.bizjournals.com »
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