The Bobcats have started the process of changing their name back to the Charlotte Hornets, according to a report by CBSSports.com.
According to the report, a source told CBS Sports the Bobcats hope to acquire digital assets to allow a return to their old nickname.
While there is no timetable for the switch, commissioner-in-waiting Adam Silver told Bobcats season ticket holders in April that any change to the Hornets would take 18 months.
Bobcats owner Michael Jordan said in February the franchise was conducting research to assess how fans felt about reverting to the original nickname.
Charlotte's team was known as the Hornets from its 1988 inception through 2002 when the team moved to New Orleans. The New Orleans franchise recently changed its name to the Pelicans.