Same city is fine but it can't work like that in cricsim for the obvious reason that teams don't have a physical location. The Barcelona football team and Barcelona basketball team aren't actually the same franchise. The only thing they have in common is that they are located in the same area.
No much basketball knowledge is needed tbh, I'm happy to help for selection etc and the rest is keeping your guys active.
I actually really wanted to rename the Phantoms to Ocelots but the Phantoms have been around a while now and feel like the name deserves to be around basketball sim in the future. I even tried recruiting Bedsey when I asked Manera to join ages ago so we'd have some of the old Ocelots crew on the same team again
I reckon you could have asked to rename it when Escath left. Mousey would have been happy that the club was able to stay alive at all.