The NBA has officially announced they will move the 2017 NBA All-Star Game out of Charlotte.

The new location has yet to be determined though The Vertical reported New Orleans has emerged as the favorite.

The NBA released the following statement announcing the decision:

“The NBA has decided to relocate the 2017 All-Star Game from Charlotte with the hope of rescheduling for 2019.

“Since March, when North Carolina enacted HB2 and the issue of legal protections for the LGBT community in Charlotte became prominent, the NBA and the Charlotte Hornets have been working diligently to foster constructive dialogue and try to effect positive change.  We have been guided in these discussions by the long-standing core values of our league.  These include not only diversity, inclusion, fairness and respect for others but also the willingness to listen and consider opposing points of view.

“Our week-long schedule of All-Star events and activities is intended to be a global celebration of basketball, our league, and the values for which we stand, and to bring together all members of the NBA community – current and former players, league and team officials, business partners, and fans.  While we recognize that the NBA cannot choose the law in every city, state, and country in which we do business, we do not believe we can successfully host our All-Star festivities in Charlotte in the climate created by HB2.

“We are particularly mindful of the impact of this decision on our fans in North Carolina, who are among the most passionate in our league.  It is also important to stress that the City of Charlotte and the Hornets organization have sought to provide an inclusive environment and that the Hornets will continue to ensure that all patrons – including members of the LGBT community – feel welcome while attending games and events in their arena.

“We look forward to re-starting plans for our All-Star festivities in Charlotte for 2019 provided there is an appropriate resolution to this matter.

“The NBA will make an announcement on the new location of the 2017 NBA All-Star Game in the coming weeks.”

The NBA is on the brink of moving the 2017 All-Star Game out of Charlotte.

North Carolina recently passed a law limiting anti-discrimination protection for gays, lesbians and transgender people.

New Orleans has emerged as the frontrunner to host the game.

The Charlotte Observer expected the All-Star Game to inject $100 million into the economy.