In a statement released by Trinity Sports & Entertainment Group, it was revealed that the Alley Cats were planning to move, most likely to Indianapolis; Trinity Sports & Entertainment Group was formed to acquire and manage professional sports franchises domestically and internationally and to provide quality, affordable entertainment to the masses. The Company owns 100% of both the Miami Majesty (formerly the Florida Pit Bulls) and the Indiana Alley Cats (fully acquired in May, 2007), both of which played in the ABA (American Basketball Association) during the 2005–06 season. Both teams were ranked in the top 5 ABA teams throughout the 2005–06 season. It was also revealed that over $800,000 had been poured into the team since Trinity took over operations. Another announcement stated that the Alley Cats would not resume play until 2008–09, but the team is now defunct.