On September 13, 2017, North American Premier Basketball (NAPB) announced a team would play in Owensboro, Kentucky, owned by Brandon Lesovsky, a business partner of NAPB founder Dave Magley.

[1] The new team replaced the recently folded Kentucky Mavericks of the Premier Basketball League in Owensboro.

[2] On October 5, team name was revealed as the Kentucky Thoroughbreds and that owner Lesovsky would also be head coach and general manager.

[3] Lesovsky had previously coached the Orangeville A's of the National Basketball League of Canada.

On October 15, 2018, the team announced a name to the Owensboro Thoroughbreds and an ownership change.