I'm still surprised at how bad Charlotte is, and how after drafting high all these years they don't have any young talent to show for it.
First Round Draft Picks2004 -- Emeka Okafor -- no longer with Bobcats -- traded to NOH for Tyson Chandler who was traded for an expiring contract.
2005 -- Raymond Felton and Sean May -- no longer with Bobcats -- Felton left via Free Agency this summer and May's career was ruined by injuries.
2006 -- Adam Morrison -- no longer with Bobcats -- bust
2007 -- #8 pick -- no longer with Bobcats -- traded to GSW for Jason Richardson who was traded to PHO for Boris Diaw + Raja Bell.
2008 -- DJ Augustin and Alexis Ajinca -- DJ Augustin has struggled in the NBA. Ajinca was a long term project who was cut loose early, probable bust.
2009 -- Gerald Henderson -- reserve shooting guard
2010 -- no picks (traded for Ajinca pick I think)
SummaryFive lottery picks between 2004 and 2007, none of those players are still with the Bobcats and all they have to show for it is Boris Diaw.
Two lottery picks in 2008 and 2009, both are low level backup guards. No pick in 2010.
Cap ManagementThe Bobcats also wasted away their cap flexibility by trading for Jason Richardson (Boris Diaw / Raja Bell), Nazr Mohammed, DeSagana Diop (Matt Carroll's bad contract) and Stephen Jackson (Raja Bell) ... which limited their ability to acquire talent via this route.
OverallAnyway, that is why they lack talent. They wasted away several high draft picks + used their cap flexibility to acquire veterans in a short sighted effort that focused on becoming a .500 team (short term goal) instead of a title contender (long term goal).