Anyang KGC traces its lineage to the amateur basketball team started by Seoul Broadcasting System (SBS) in 1992.

Taeyoung Group, the parent company of SBS, decided to consolidate its financial resources in the broadcasting sector, hence the sale.

[7] Under their new sponsors, Anyang KT&G Kites spent the next several seasons in the middle ranks of the league table and changed names several times.

[14] Oh, Yang, Kim, Park and Lee became collectively known as Insamshinki (인삼신기), a portmanteau of KGC's Korean name Insamgongsa (인삼공사) and Dong Bang Shin Ki (동방신기).

The 2011–12 team was soon broken up with the departure of Kim to Jeonju KCC Egis and Park, Lee and Oh each enlisting for mandatory military service one after another.

They were dealt another blow when Lee Sang-beom's successor Jun Chang-jin was investigated for allegations of match-fixing during his time at Busan KT Sonicboom.

[17] Jun's assistant Kim Seung-gi took over and found himself having to fill the void left by Oh, who was suspended for 20 games, and other key players who were absent due to injury or enlistment.