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Felix Adamo / The Californian The Jam's Terrell Everett goes to the inside of a towering Steve Newman during the Bakersfield ,Iowa game at Rabobank Arena.

Remember the Bakersfield Jam?

You know, Bakersfield's D-League basketball team that announced earlier this spring it was folding?

Well, if you held a stethoscope to the front door of the team's north Bakersfield facility these days, you'd still hear a heartbeat.

The team is very much alive, majority owner Stan Ellis said Wednesday, and, armed with a new business model, has every intention of playing ball again next season.

Ellis was hesitant Tuesday to go on the record with details, but the excitement and energy in his voice was unmistakable.

"The Jam has news and we're excited," Ellis said, adding that the team planned a press conference for Friday morning to unveil its plan.

A check of nba.com/dleague Wednesday showed that the Web site does still include the Jam on its list of teams.

The Jam, who have played three seasons in Bakersfield, is coming off its first winning season (26-24), and qualified for the D-League playoffs for the first time.