It appears as if the Panthers have done some renovations to the rafters of the BB&T Center.
Gone is the NCRC opening night which featured Celine Dion; gone, too, is the old 1996 Eastern Conference championship banner that was raised to the rafters at Miami Arena and brought north in 1998.
The Panthers replaced the 1996 banner and the Bill Torrey '93 banner (last picture) with new ones, most likely so they match the 2011-12 Southeast Division championship banner that goes up Saturday.
A good number of teams try to have all of their banners match -- the Heat do as well -- although I kind of like the mismatched look. I would rather see the banner that was raised at the time (and the logo from that era) than have a cookie-cutter look.
Anyway, it looks like the 1993-94 expansion banner (that also once graced the rafters in Miami) was taken down as well.