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The Foxhounds name was chosen from over 1,000 entries in a "Name the Team" online contest. The name came from the breed of dog which is a popular in the Carolinas. Around 1890, fox hunting clubs were founded in the region. Foxhounds general manager Bradley Bell also stated that "Furthermore, 'Foxhounds' is a unique name that has not been used in minor league sports. (It is) a name that affords us some creativity and flexibility in marketing the team throughout the region".
While the league and the team never played a second season, the Foxhounds were prepared to play again 2008 in the South Coast League. The league folded in late March 2008.