Here’s the Charlotte Observer reporting on the Hornets and their desire to host NBA All-Star Weekend:

The Charlotte Hornets officially announced their bid to host the NBA all-star game on Tuesday morning. They will bid for both the 2017 and ’18 all-star games, hoping to lure one of them to Charlotte.

Team and city officials both said that Time Warner Cable Arena will need various upgrades of close to $42 million whether or not its bid succeeds for an all-star game. These would include improvements to the scoreboard and the lighting system, but other specifics were not revealed. It was also not clear whether the Hornets would make a contribution to the arena upgrades or if it would be funded entirely by hospitality tax revenue.