Now a decade later, the Comets continue to win, but for the second time in two years the team is up for sale. And if a buyer isn't found by November...the Comets could be gone. So what happened? Why did owner Hilton Koch throw in the towel?
Kathy Luhn works for Harris County and is part of a team trying to find a new buyer.
"Maybe the current business market, could be he had a downturn in his business and it could be he justÎ¾wasn't interest anymore."
The comets are in the midst of a winning season... and find themselves in fifth place in their division. Their top player Tina Thompson is in Beijing playing with the Olympic Squad. The team is valued at around 10-million. Kathy Luhn says its value to Houston may not have a price tag.
"They've gone out of their way. The players themselves to reach out into the community encouraging girls in high school and junior high in sports.Î¾Î¾Î¾And I think they've been wonderful role models, and I think it would be a loss to the community."
Mayor Bill White was asked his thoughts about losing the Comets.
"I'd prefer not to. It won't be the end of the western world, but we're proud of the Comets and I wanna do my bit to see if we can keep them."
The WNBA has already taken over team operations for the rest of the season. A new owner must be found before November, because that's when they begin working on next seasons schedule.
Bill Stamps...KUHF Houston Public Radio News.