SAN JOSE — The San Francisco Bulls minor-league hockey team could fold or relocate as early as next week, according to reports. But it appears if the Bulls do decide to cease operations, it would have little effect on the San Jose Sharks, the Bulls' parent club.

Coach Pat Curcio told the San Francisco Chronicle on Monday that he has a pending agreement with a new ownership group that would save the Bulls, the Sharks' East Coast Hockey League affiliate, by moving them to Fresno or Oakland. But that deal depends on league approval. There is an ECHL meeting Tuesday in Philadelphia.

Curcio told the newspaper that the Bulls lost $2 million last season and are heading toward similar losses again this year.

The Sharks only have three players on the Bulls who are on two-way contracts — wingers Riley Brace and Sebastian Stalberg and goaltender J.P. Anderson. A Sharks spokesman said if the Bulls fold, those players would be reassigned to another minor league team. The Sharks would also likely seek to gain affiliation with another ECHL team in California.

Sharks general manager Doug Wilson was not available for comment.

No player on the Sharks' current roster played in San Francisco for the Bulls. Forward Matt Nieto was assigned to San Francisco last month but didn't play a game.

"I can't even imagine what those guys are going through, just not knowing what's going on," Nieto said of the Bulls players. "It could be any day that something happens. You just have to be ready for it."

The Sharks renewed their affiliation with the Bulls in August, and it is believed such contracts are renewed on a year-to-year basis.

The San Jose and Worcester Sharks organizations placed seven players in San Francisco during the 2012-13 season, including 2009 San Jose draft selection Marek Viedensky and Daniil Tarasov.

Other players from the San Jose/Worcester organizations who spent time in San Francisco last season included Yanni Gourde, Tommy Grant, Thomas Heemskerk, Taylor Nelson and Mikael Tam.

The Bulls qualified for the playoffs in their inaugural 2012-13 campaign, but lost in five games to the Alaska Aces in the first round.