The Phantoms were announced on April 14, 2012 by the GMHL. In 2014 after a rough season and some ownership woes the team was supposed to move out of the GMHL and into the rival Canadian International Hockey League. The GMHL ownership stepped in and didn't allow the move to happen. In April 2014, the ownership of the team was changed by the league and the team became the Bracebridge Blues.