The Knights were one of the ABA's charter franchises and began play during the 2000–01 season.

In 2001–02, the following season, the Knights posted a league best 35–5 record that year and ended up winning the ABA championship under head coach and University of Kansas alumnus Kevin Pritchard.

The team intended to play at an interim location once ground was broken on the new arena, but plans for the arena remain in limbo and there has been no word from the team's owners since.

However, operation of the youth developmental "Knights Academy" program is ongoing.

Since the Knights folded, several ABA teams have appeared and disappeared in the Kansas City area.