The team was founded as the Denver Racquets and won the 1974 WTT championship in the league's inaugural season, before moving to Phoenix in 1975.

[1] The Racquets were founded by San Diego businessmen Bud Fischer and Frank Goldberg along with Ben Press in 1973.

[3] The Racquets' inaugural match was a 35–26 loss at the Oakland-Alameda County Coliseum Arena to the San Francisco Golden Gaters on May 8, 1974.

The Freedoms followed with a 7–6 tiebreaker victory in women's doubles posted by King and Julie Anthony over Dürr and Kemmer Shaw that cut the Racquets lead to 16–13.

Fairlie and Fred Stolle cut the Racquets' lead to 22–20 with a 7–6 set win over Pattison and Tony Roche in men's doubles.

The other members of the Racquets' championship team were Dürr, Kemmer Shaw, Stephanie Johnson and the brother and sister Jeff and Pam Austin.

[7] Following the season, Fischer, Goldberg and Press put the team up for sale, and a new ownership group that included Reggie Jackson and his agent Gary K. Walker bought the Racquets on February 6, 1975, and moved them to Phoenix, Arizona.

[10][11] The Racquets broke even in their first season in Phoenix finishing with 22 wins and 22 losses, second place in the Western Division.

The Racquets fell in two straight matches to the San Francisco Golden Gaters, 25–24 and 26–20, ending their season.

[8][9] On October 29, 1975, the Racquets announced that they had acquired the rights to negotiate with superstar Chris Evert from the Golden Gaters.

Under the terms of the deal, the Racquets would send a player to be named later and undisclosed cash consideration to the Golden Gaters if they were able to sign Evert.

When the trade was announced, Golden Gaters owner Dave Peterson said, "Chris indicated she had a strong preference for starting her World Team Tennis career in Phoenix.

I feel her decision was greatly influenced by the fact that her closest friend, Kris Shaw, is on the Phoenix roster.

[14] In 1976, the Racquets raced to the top of the Western Division standings with a record of 30 wins and 14 losses, 2 games ahead of the Golden Gaters.

[9] Under the leadership of new player-coach Ross Case, the Racquets had their second consecutive first-place finish (and third in four seasons) in 1977, with a record of 28 wins and 16 losses, 3 games ahead of the Golden Gaters.

Since the Racquets were unable to meet her demands, Evert's rights were traded to the Los Angeles Strings who signed her to a multi-year $1.2 million contract.

[15] Without Evert, under the leadership of their new coach Syd Ball,[16] the Racquets slipped to a record of 14 wins and 30 losses in 1978, last place in the Western Division.

[1] The following table shows regular season records, playoff results and titles won by the Phoenix Racquets franchise since its founding in 1974.