Maloofs Will No Longer Operate Monarchs

Maloof Sports & Entertainment will no longer operate the Monarchs.

The WNBA is in active discussions with potential investors to relocate the Sacramento Monarchs to the Bay Area in time for the start of the 2010 WNBA season, league President Donna Orender announced today.

“Maloof Sports & Entertainment, owner of the Monarchs, has deemed it essential to focus all of its resources on the Sacramento Kings at this time,” said Orender. “We understand this decision was a difficult one for them and appreciate the vision, leadership, and support of the Maloof family over the past 10 years.”

One of the league’s original eight teams in 1997, the Monarchs won the WNBA championship in 2005 and the Western Conference crown in 2006.

“We enjoyed our time with the WNBA and the Monarchs,” said co-owner Joe Maloof. “All of our resources are now dedicated to bringing the Sacramento Kings back to championship caliber form.”

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