Despite showing success in the four seasons they spent in the Canadian league, making two Finals appearances, the Rainmen filed for bankruptcy in July 2015.
The team was coming off a controversial loss in the 2015 NBL Canada Finals against the Windsor Express and forfeited Game 7 after taking part in a pre-game brawl.
The American Basketball Association announced on August 23, 2006, that Halifax, Nova Scotia, had been granted an expansion franchise for the 2007–08 season.
[2] A local contest was later held among fans to help name the team, and on December 19, 2006, the organization unveiled that they would be known as the Halifax Rainmen.
On May 30, 2007, the team announced their home venue, the Halifax Metro Centre, and head coach, Kevin MaBone.
The team won its first-ever game on November 15, 2007 at the Metro Center, against the Boston Blizzard by a score of 136-103, in front of 4,343 fans.
In early November 2008, the Rainmen signed Bailey for the 2009 season, along with former ABA All-Stars Rob Sanders, a former Manchester Millrat, and Cordell Jeanty, formerly of the Montreal Royal.
With training camp underway, the Rainmen signed shooting guard Glen Dandridge, a former three-year member of the University of Missouri basketball program, to fill the void left by their departures.
On January 14, the team suspended star Eric Crookshank for the season, with pay, following a series of conflicts with Coach Rick Lewis.
On February 3, the team released Rick Lewis, the head coach and general manager, citing poor results in weekend games at Vermont and Manchester.
The team was then bolstered by the signings of guard Tony Bennett who played his college ball at Bradley University and PBL leading scorer A.J.
Berry and team owner Andre Levingston began recruiting during the offseason and signed a number of players, including former NBA'er Desmond Ferguson.
During the pre-season, the Rainmen added Kavon Jones, Josh Dollard, Tajuan Porter, Mike Mercer, Marshall Brown and Tommy Mitchell while welcoming back veteran players Eric Crookshank and Desmond Ferguson to the roster.
The Rainmen also re-signed 6'1 point guard Taliek Brown, who joined the team during the 2010 season but did not play due to a family emergency.
While the Rainmen had been pleased with Berry's performance, the decision for his resignation came after he was presented with an opportunity to build his career outside of the sports arena.
[13] The Rainmen ended their 2011 season as the fourth place team in the PBL after falling to the Lawton Fort Sill Cavalry in the final game of their series (1-2).
Rainmen owner Andre Levingston was quoted as saying, "I am appalled by the officiating that took place during the playoffs, and am ashamed of the PBL's operations this season.
Due to a violation of league and club policies, the Rainmen suspended centre DeAndre Thomas indefinitely and forward Eric Crookshank for one game.
Haywood attended Saint Mary's University in Halifax, Nova Scotia and went on to become the leading scorer for three straight years in the CIS.
The Halifax Rainmen released their 2011 draft pick, 6'4 Canadian Papa Oppong, and the ex-NBA player Orien Greene.
The Rainmen continued to make moves as they released ex-NBA player Eddie Robinson and activated Abduhalli Kuso from the injured reserve list.
Taliek Brown, Canadian Joey Haywood and Tyrone Levett were all selected to participate in the 2012 NBL All-star game.
Taliek Brown proved to be a true point with his team-leading 3.05 apg and fan favorite Eric Crookshank grabbed 6.88 rpg.
By the end of the regular season, the Rainmen finishedsecond in the NBL Canada standings and were in good position to make a run at the title.
The Rainmen also released fan favorite Eric Crookshank and traded Taliek Brown to Quebec Kebs for a future first round pick.
The Rainmen announced the trading of their 2012 first-round draft pick Anthony Johnson to the Laval Kebs in return for All-Star guard Eddie Smith.
Despite calls to the owner and team to come back by league officials, Halifax forfeited the game and the championship to the Express.
While each player that participated in the altercation was forced to pay $5,000 each and serve an indefinite suspension along with the coaching staff, a $20,000 fine was also imposed on the organization itself due to "conduct detrimental to the league.