The team is based in Wilmington, North Carolina, and began play in 2006 as a member of the American Basketball Association.

The Sea Dawgs won the ABA Blue Central division in their first year with a record of 19-8 and advanced to the playoff semi-finals, losing to the eventual champion Vermont Frost Heaves.

In their playoff run, they were scheduled to meet the defending champion Rochester Razorsharks, but weather-related travel problems caused the game to not be played.

[4] The team took a much more defensive approach compared to previous years and after a slow start sprinted to second place in their division and a wild card berth in the PBL playoffs with a record of 15-5.

[5] The team finished with an 11-5 record and was the number one seed for (and thereby host for) the CBL Championship, which they lost in overtime to the Savannah Wildcats.