Candice (bessie_smith) wrote in wnba_fans,
Candice
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wnba_fans

Maloofs suddenly fold the Monarchs

Monarchs halt operations unexpectedly

SAN FRANCISCO -- The Sacramento Monarchs folded on Friday, a shocking and disappointing development for the WNBA and one of its original eight franchises.
The decision was largely based on the Maloof family's desire to focus all its energy and efforts on the NBA's Sacramento Kings. Maloof Sports & Entertainment had owned both teams.
Now, the WNBA is left scurrying to try to find a new owner for the organization and a suitable market: with the most logical place being the Bay Area, perhaps in Oakland or San Jose.
League president Donna Orender said in a statement Friday that the league is in discussions with potential investors to relocate the Monarchs to the San Francisco area in time for next season.

The Monarchs franchise was one of the league's original eight teams and it won the WNBA championship in 2005 and the Western Conference title the following season.

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