Led by guard Clay Tucker and forward Harold Arceneaux, the Snowbears finished the regular season with a 25-1 record, then won two playoff games to qualify for ABA's championship round. However, despite a 27-1 record, the franchise folded before the season ended. The new Snowbears were successful on the floor, but struggled in other ways: poor attendance, financial difficulties, and lack of coverage in local media outlets.
In 2005, a new ABA team in the Salt Lake City market was announced, the Salt Lake Dream scheduled to play the 2006-2007 season. But the Dream also folded before playing a single game after experiencing financial problems of its own. The prospects for a new ABA franchise appeared dim with a Continental Basketball Association franchise, the Utah Eagles, coming to Taylorsville and a NBA D-League franchise, the Utah Flash starting up in Orem, Utah prior to the 2007-08 season. But a third try at starting up an ABA team commenced with the entry of the Salt Lake City Saints into the league for the 2008-09 season.
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