The new ABA franchise will be owned and operated by Hawai'i Basketball, Inc. HBI president is Andrew Moss, a former agent for basketball players in national and international leagues as well as NFL players.

"Hawai'i has always been very supportive of an ABA team," said Joe Newman, ABA CEO, in a press release. "The problem has been the cost of transportation to and from the Mainland. That problem has been solved with a major airlines sponsorship that will make travel both ways as economical as traveling from Los Angeles to Sacramento."

The Hawai'i Mega Force folded in December 2005 after playing just two games at the Cannon Activities Center on the Brigham Young-Hawai'i campus.

At the time, Mega Force players claimed they weren't being paid and owner Orrys Williams was banned for life from the ABA for not fulfilling obligations of road games or providing support to incoming teams.