Steel chief executive Julie Paterson is teaming up with her basketball equivalent Jill Bolger to find a solution which will keep the region's teams playing in Invercargill.
The Steel and the Southland Sharks both find themselves homeless after heavy snowfall caused part of Stadium Southland's roof to collapse on Saturday.
The two codes have put their heads together and are hopeful they may have come up with a solution.
Paterson, who has set up a temporary office in the stadium's badminton courts, told the Otago Daily Times the franchise was hoping to stage matches at the stadium's indoor velodrome which is undamaged.
"We don't have anything definite yet," she said.
"But one of the other options that we are looking at is purchasing a wooden floor and putting that into the velodrome, and seeing if that is going to be a viable option."
The Steel has four home games scheduled for the stadium, for which it has to find an alternative venue.
The franchise has made a provisional booking at the Edgar Centre for the Steel's games against the Adelaide Thunderbirds on March 28, the Waikato-Bay of Plenty Magic on April 17 and the Northern Mystics on May 1.
But the venue is booked out on February 26, when the Steel was to host Central Pulse.
Paterson said the franchise was hoping Netball New Zealand would shift the game to a different date if necessary.
However, Paterson is hoping it will not come to that.
She is desperate to keep the games in Invercargill.
With the majority of the 1200 season ticket holders based in Invercargill, the franchise risks eroding its fan base if it does not play any games in the city this season.
"My concern is, if we have a season where we can't have any games in Invercargill, some of those people might drop off.
"The thought of having to pick them up the following year would be really concerning."
Paterson said there were several logistical and safety issues to solve before the Steel could commit to the velodrome.
The franchise has asked the fire service for a safety report and a recommendation on how many people it could safely fit into the makeshift venue.
The velodrome has seating for 1000 people, Paterson said.
Ideally she would like to see that increased to a minimum of 2500.
Basketball Southland general manager Jill Bolger does not have the insurance of the Edgar Centre and said she was committed to finding a solution in Invercargill.
"The Sharks will live on," Bolger said defiantly.
"The velodrome is plenty big enough to hold a wooden floor.
"There are too many people in this community who are behind this just to let it drift away."
The National Basketball League begins in April and the Sharks expect to host 10 games.