Rayo OKC

On November 10, 2015, the NASL announced that a new club called Rayo OKC would begin to play in the 2016 season. The new team was majority-owned by Raúl Martín Presa, the owner of Rayo Vallecano of the Spanish Segunda División, with a minority stake owned by Oklahoma native Sean Jones, former owner of the Oklahoma City FC franchise. Rayo OKC was also co-founded and managed by "Sold Out Strategies," a sports management company headed by former Oklahoma City Blazers general manager Brad Lund. Former San Antonio Scorpions head coach Alen Marcina was named Rayo head coach on January 7, 2016. Marcina resigned on August 1, being replaced by Gerard Nus.

In August 2016, it was announced that co-founding partner and management Sold Out Strategies had pulled out of Rayo OKC'S day-to-day front office business operations. In September, it was reported that minority owner Sean Jones had part of the temporary artificial soccer field removed during the night and held at an undisclosed location to protect his investment pending a resolution. After a week and a half of negotiations, it was reported that Rayo OKC management and Sean Jones had reached a mutual agreement and the missing portions of the artificial playing turf were returned in time for the team's next home game.

On November 7, 2016, following the conclusion of the 2016 NASL Playoffs, head coach Gerard Nus stepped down and returned to Spain to continue his role as assistant technical director for Rayo OKC'S parent club, Rayo Vallecano.

On December 1, 2016, it reported that Rayo OKC had released all of their players and did not have its majority owners or anyone from the Rayo OKC management representing them at the NASL's board of directors meeting in Atlanta. In January 2017, it was confirmed by the NASL that Rayo OKC would not be participating in the 2017 season, eventually resulting in the dissolving of the franchise.

League and cup history