Club owner Tom O'Connor, Jr., a local rancher, suffered a heart attack in 1961, and without his continued support, the team was unable to remain in Victoria.
Two weeks later, on June 10, 1961] Victoria received another club struggling at the gate, the Rio Grande Valley Giants, who transferred from Harlingen, Texas.
The Rosebuds' most successful season was in 1959, when they won the TL's regular-season championship before falling in the playoffs to the San Antonio Missions.
Outfielder Carl Warwick, a future major-leaguer, was the league Most Valuable Player, while Carroll Beringer, later a long-time MLB coach, was the TL's Pitcher of the Year.
Although the team finished under .500, at 38–42, the Rosebuds compiled the best overall record in the league's North Division and drew 14,000 fans.