Isaac
Years ago

Sydney NBL team will be the Kings

Sydney's newly announced team to play in the National Basketball League from season 2010/11 will be known as the Sydney Kings once more, the club revealed today, with one of Australia’s iconic sporting brands to return to the NBL.

At a press conference held at the Newington College in Sydney this morning which highlighted the team’s commitment to building connections with grass roots basketball participants, the new club announced that it would compete as the Sydney Kings.

Sydney’s NBL team were known as the Kings from 1988 through until the club’s license was terminated on 12 June 2008 after former owner Tim Johnston failed to remedy outstanding player payments outlined in a default notice issued to the club. As the Kings, Sydney won three consecutive NBL Championships in 2003, 2004 and 2005, and also advanced to the Grand Final in 2006 and 2008.

A new consortium made up of passionate basketball supporters with strong business credentials successfully applied for a license to play in the 2010/11 NBL season and have worked hard to resurrect the Sydney Kings name, one of the most well known sporting brands in the country and Asian region. The consortium is made up of a large number of investors so as to ensure the financial issues that saw the Kings exit the league as a result of its single-owner model can never again threaten the team.

The Kings consortium is led by former executive chairman of Myer and senior executive of Woolworths Bill Wavish, who will be the club’s Chairman, and also includes respected education manager and exporter Max Schroder, former West Sydney Razorbacks Chairman Phil Hudson and former Westbus owner and deputy chairman of the Razorbacks Jim Bosnjak. There are also a number of other consortium members confirmed who wish to remain as silent partners.

Iconic former Sydney Kings head coach and NBL Hall of Famer Bob Turner has taken over the role as General Manager for the new club and said the consortium was determined to rebuild the respect for the Sydney Kings organisation.

"The consortium of Sydney Kings owners is absolutely committed not just to the team but also to the sport of basketball," said Turner. “We have sought investors who believe in the sport and are dedicated to the long-term success of the Kings and Sydney basketball as a whole.
“There are hundreds of thousands of basketball players in New South Wales and we are determined to put in the work necessary to build a mutually beneficial relationship with that latent support base,” added Turner. "But we can't do this alone. We need the Sydney basketball community to get behind us to bring back the Kings. We're determined to make a night at the Kings great fun, great basketball and great value. We ask everyone to get behind us. Head to our website and sign up with your support. Let’s all bring NBL basketball back to Sydney with a team we can all be proud of."

Basketball Australia Chief Executive Officer Larry Sengstock said the decision by the Sydney team to use the highly recognisable Kings moniker was a sound one.

“The Sydney Kings have always been one of the best known sporting brands in Australia and synonymous with basketball in Sydney,” said Sengstock. “As a team, the Kings attracted a massive sell-out crowd of 10,244 to their final home game back in March 2008, so clearly there is significant fan support for the Kings as a club.
“I don’t think there was a sports fan in Australia who wasn’t disappointed at the way the Kings left the league so we are delighted that the club will have the chance to write a new chapter,” Sengstock continued. “The ownership group have sound business credentials, a passion for the game of basketball and a determination to link back to the community. Those qualities are all perfectly aligned with what we have been trying to achieve with the NBL. This announcement, coming on the back of a highly successful 2009/10 NBL season, shows that basketball is continuing to grow and move in the right direction.”

Kings consortium member Max Schroder said the team was committed to Sydney basketball.
“I have been a long-time follower of the Kings, squeezing in games between a lot of overseas business travel,” said Schroder. “Like many others, I was stunned by the demise of the Kings, and resolved to get behind any serious attempt to revive the team. I was introduced to a group of like-minded individuals, determined that the team be placed on a sound business footing, run by people experienced in and committed to basketball, and rooted in the foundation of community involvement.”

“The people of Sydney want to believe that the Sydney Kings is their team, not some franchise to be shopped around by uncommitted entrepreneurs. The new owners will ensure that they and the people of Sydney will be proud of the new Sydney Kings,” Schroder concluded.

The Sydney Kings will join the Hood Sweeney Adelaide 36ers, Skytrans Cairns Taipans, Gold Coast Blaze, OAMPS Melbourne Tigers, Burger King New Zealand Breakers, Perth Wildcats, Townsville McDonald’s Crocodiles and Wollongong ahm Hawks for season 2010/11, which will commence in October 2010.

The Sydney Kings will play 14 home games in 2010/11. A special early-bird offer on season tickets is available to all those who sign up for a membership prior to April 30. If fans buy a season ticket by that date, they can get an adult Season Ticket for $250 or a children’s Season Ticket for $185 (prices exclude GST). To receive this special discount, fans should visit www.nbl.com.au/kings.

Topic #22593 | Report this topic


MadeInThe'Laide  
Years ago

What an absolutely stupid move sticking with the KINGS name...

"with one of Australia's iconic sporting brands to return to the NBL"

Are they serious? Iconic sporting brand? What a joke.

Fresh new leauge, new format, new stars, and a chance for a new start in Sydney... Perfect opportunity to launch a new Sydney basketball team for ALL New South Welshman... and they stick with the old.

Another bonehead move by a bonehead club.

Reply #271832 | Report this post


HO  
Years ago

ok....can you point me to the fresh new league, fresh new format etc.?

Staying with the Kings name is not a bad thing, particulary if, aas thewy have said, they go back to the 90's kings model, not the 2000's kings model.

I don't think Turner can really drive that but.... lets give em a chance.

Reply #271833 | Report this post


Tommy  
Years ago

The name SYDNEY KINGS was sold by the liquidators when they were wound up. The name was sold to a basketball association in Sydney for a large figure. So the new group will have to buy the name KINGS off this association and it wont be cheap

Reply #271839 | Report this post


MadeInThe'Laide  
Years ago

"ok....can you point me to the fresh new league, fresh new format etc.?"

*League Relaunching
*New Logo
*Fewer Teams
*New & improved finals format

Reply #271842 | Report this post


Anonymous  
Years ago

If the new league can kept the heavily damaged title of the NBL I for one have no issue with the team out of Sydney being called the Kings.

Reply #271848 | Report this post


Isaac  
Years ago

Using the Kings name is the smart move. Means they can start with a base of 1-2k fans (and more fairweather-types) rather than starting from nothing.

Reply #271850 | Report this post


me  
Years ago

Good to have Sydney back and im happy for them to be the kings, i like it when we beat the Sydney Kings, it always felt good.

Also makes the league real again, without Sydney it felt like the league was not complete.

Reply #271853 | Report this post


Dave Marshall  
Years ago

In his interview with Fox Sports today, Bob Turner said the new consortium are licensing the Kings name from City of Sydney BA.

Reply #271857 | Report this post


skull  
Years ago

great move by BA and the kings.
we have to remember,there was nothing wrong with the on court product at the kings,their logo was damaged by the wankers who where seeking short term self glory.
the passion that comes with - every one wanting to BEAT THE KINGS, cant be created overnight or for that matter, how much $ you throw at it.

already,i cant wait till the kings come to town........the bastards !!

Reply #271862 | Report this post


joshuapending  
Years ago

Yeah think Kings is fine, why would you throw that brand recognition down the drain? They need ever positive they can get and this puts a good foot forward.

Reply #271868 | Report this post


Jawi-fi  
Years ago

Sydney Kings still known in China and Manila.

Reply #271877 | Report this post


Junga  
Years ago

I was wondering what the team name would be and am very pleased to hear its the Kings. I hope when we get a Brisbane team back in the next few years that they will be called the Bullets.

Having both the Kings and Bullets back would make me feel like I have the NBL back again.

Reply #271880 | Report this post


Loco  
Years ago

Glad to have the Kings back - good for the league.

Reply #271890 | Report this post


Panther  
Years ago

Yeah glad to have them back and I think the name of the Kings is the smart move.
Do people think that Brisbane would go down the same path? Knowing that Washington changed their name from the Bullets to the Wizards do to the link with guns and violence will Brisbane take this opportunity to do the same?

Reply #271909 | Report this post


Giacontigers  
Years ago

How did Sydney Spirit go MadeInThe'Laide?

Reply #867017 | Report this post


Anonymous  
Years ago

Why are you trolling these old topics GiaC?

Reply #867034 | Report this post




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