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The WHA awarded a franchise to Los Angeles and it was originally called the "Los Angeles Aces," while the San Francisco franchise was called the Sharks. However, when funding fell through and the San Francisco franchise was then moved to Quebec to become the Nordiques, the Los Angeles group took the name Sharks and created the stylized menacing shark logo. The team colors of red and black were based on the original nickname "aces", being that the two colors in a deck of cards are red and black.