The Syracuse Stallions were founded in 2017 by founding majority member Jim Evans, as well as minority owners Mike Sugamosto and Josh Winans.

The team joined the semiprofessional American Basketball Association for the 2018 season.

[1] The team had two successful seasons, including championship wins.

[3][4] On August 25, 2021, Nick Peroli, the Stallions head coach announced he would step down from that position and transition to an ownership role of the team.

[5] On September 1, 2021, the Syracuse Stallions named Patrick Beilein the new head coach of the team.