The Sharks roster was a mixture of rookies such as Mike Townsend, Eddie McAshan and Reggie Oliver, and veterans like Ike Lassiter, John Stofa, Drew Buie, and former University of Florida All-American lineman Larry Gagner.

[1] As with several WFL teams, declining real ticket sales coupled with uncontrolled spending led to serious cash flow problems.

The players, who had not been paid for over a month, threatened not to fly to Anaheim to play the Southern California Sun.

League Commissioner Gary Davidson paid them $65,000 in escrow and the players made the trip.

A week later, after vetoing several prospective owners, the WFL folded the team (as well as the hapless Detroit Wheels), and the Sharks' last six games were cancelled.