The team played its inaugural seasons in the World Basketball League before folding.
The Silver Streaks won the first World Basketball League championship in 1988, defeating the Chicago Express 102-95 in the title game.
Creation of a league franchise team for Las Vegas, NV was facilitated by former Oakland A's executive Fred Kuenzi.
The Silver Streaks played its home games at the Thomas & Mack Center.
Former UNLV stars Freddie Banks, Anthony Jones and Mark Wade played for the club.