The Canadian Elite Basketball League (CEBL) has announced that the two-time CEBL champions the Edmonton Stingers have been purchased by the Stingers Entertainment Group (SEG). This group is a partnership between three Edmontonians: Reed Clarke, Taranvir (Tank) Vander, and James Burns. Clarke will remain President while stepping into a new role as Chief Executive Officer and Partner, while Vander and Burns will act as Managing Partners. The team was formerly owned by the CEBL.

“Having two prominent business leaders such as Tank and James join me in buying the
Stingers is really the culmination and validation of years of hard work from everyone who
has been involved with the Stingers since day one,” said Clarke. “ With our Stingers
Entertainment Group being Edmonton-based owners, we are now in a position to take our team and our organization’s community involvement to the next level.”

The Stingers are set to begin their fifth season of play May 27 when they take on the Calgary Surge on the road. They will then play host to the Surge at the Flair Airlines Hangar on May 28 for their Home Opener. Season tickets can now be purchased for as low as $222.(PR)