Tag: Deepal Wannakuwatte

Sacramento Capitals World Team Tennis

Sacramento Capitals

World Team Tennis (1986-2013) Born: 1986 – WTT expansion franchise Moved: February 4, 2014 (Las Vegas Neon) First Game: Last Game: World Team Tennis Champions: 1997,

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Las Vegas Neon World Team Tennis

Las Vegas Neon

The brief 30-day lifespan of the Las Vegas Neon was an sorry footnote in the long history of World TeamTennis.  The niche co-ed tennis league lost its oldest franchise in February 2014 when the Sacramento Capitals moved to Las Vegas after 28 seasons in Northern California. The team’s last benefactor in Sacramento was Deepal Wannakuwatte, a medical supply company owner who took over the Capitals in 2011.  Wannakuwatte announced the move to Las Vegas on February 4, 2014. Barely three weeks after announcing the move to Vegas, Deepal Wannakuwatte was arrested on charges of running a decade-long $150 million Ponzi scheme.  Read more…

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