Local owners buy Canadian Elite Basketball Leauge’s Bandits, rebrand team
VANCOUVER — A new era is underway for one of the Canadian Elite Basketball League’s original six teams.
The club formerly known as the Fraser Valley Bandits announced Tuesday that the team has been sold to local owners Kevin Dhaliwal and Bryan Slusarchuk, and rebranded as the Vancouver Bandits.
“It’s not a profit-loss thing for us,” said Dhaliwal, founder of real estate developers Essence Properties. “It’s more about creating that atmosphere, that energy in the building. Our No. 1 goal is to draw fans.”
The Bandits follow the Scarborough Shooting Stars as the second CEBL team to be operated by outside ownership. Eight other teams continue to be owned by the league.