The franchise began play in 2002 as an expansion team, and have posted a winning record in all but one of their seasons in existence. The team was owned by Jerry Jones, who also owns the Dallas Cowboys. Jones' son-in-law Shy Anderson was the COO of the team, and oversaw the day-to-day operations of the franchise.
The team folded effective August 4, 2009, upon the dissolving of the original AFL. Unlike most AFL teams, Jones maintains the intellectual property rights to the Desperados.
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