Thanks to Charlie for bringing this info to our attention. 

Here's the link, which works as of this posting. 

To summarize, the team is owned by the league, the players are still under contract, and the league is trying to salvage the season. One option is to find another local owner, the other is to act like a travel team, still owned by the league. Coach Carrie resigned, no word given on Erin in this story.