|Monday, October 21
San Antonio in running to acquire Miracle
ORLANDO, Fla. -- The Orlando Miracle will move to a different city next season as part of the WNBA's restructuring plan.
San Antonio has applied for a WNBA franchise in 2003 and is nearing its goal of 6,000 season ticket deposits. The WNBA is also talking with several people in other cities who are interested in acquiring a team, the league said in a release.
"We believe strongly in the WNBA product and think it will continue to succeed in other markets," said John Weisbrod, Chief Operating Officer of RDV Sports, which owns the Orlando Magic.
The company said it would concentrate on its NBA franchise.
"Unfortunately, we were not able to make it work financially in Orlando."
The WNBA is owned collectively by the 29 NBA owners, and all of its teams have been in cities where an NBA franchise is located.
But the NBA Board of Governors decided this month to allow non-NBA owners to acquire teams and to allow teams in non-NBA markets. The board decided the Charlotte Sting could remain in that city even though the Hornets moved to New Orleans.
"We have had many expressions of interest from prospective WNBA team owners in both NBA and non-NBA cities, and we expect to make a decision concerning the new home for the Miracle in the coming months," WBNA President Val Ackerman said.
The Miracle played four seasons in Orlando and have an all-time record of 60-68.