The team's ownership was a group of Gene Simmons and Paul Stanley, members of rock band Kiss, as well as their manager Doc McGhee.

Eight years later, the Anaheim Piranhas moved from Las Vegas, beginning play for the 1996 season at the Honda Center (known as the Arrowhead Pond at the time).

On August 15, 2013, it was announced that Kiss (who performed the night before ArenaBowl XXVI) had purchased a share of an AFL expansion team set to begin play in 2014.

Kiss lead members Gene Simmons and Paul Stanley, their manager Doc McGhee, and league veteran Brett Bouchy jointly own the team.

[1] On September 10, 2013, Kiss began assembling their first roster, trading their first pick in the dispersal draft of Chicago Rush and Utah Blaze players, to the Iowa Barnstormers in exchange for quarterback J. J.

In a long-form piece released in Sports Illustrated in April 2017, it was revealed that the band had pulled its support from the team shortly after the end of the season, privately stating they had done all they could to keep the franchise alive.