SAN JOSE -- The San Francisco Bulls are folding after running out of time to find new ownership for the ECHL franchise.
The team, which played its home games in the Cow Palace, was in its second season and had a limited role as a Sharks affiliate. The Sharks organization currently has five players with the Bulls, and general manager Doug Wilson said all will be reassigned shortly.
"The Bulls have been a great partner for our organization, both on the ice and as a partner in growing the game of hockey in Northern California," Wilson said. "We wish everyone involved with the franchise the best in the future."
The five players are J.P. Anderson, Kyle Bigos, Riley Brace, Sebastian Stalberg and Steven Tarasuk.
The Bulls, who fell 32 games short of completing their second season, benefited when their inaugural year coincided with the NHL lockout, but were not able to make a go of it financially.
"Bringing hockey to San Francisco was a dream," said Pat Curcio, president and coach of the Bulls. "We have great talent on our team, and had a great vision for what the team could be. Things didn't pan out the way we had hoped. It's sad, and disconcerting, but we're unfortunately left with no other choice at this point. "
Refund details are available on the team's web site, www.sfbulls.com.