Team Logo. The Milwaukee Mustangs were a team in the Arena Football League. They were named after the league's original Milwaukee Mustangs (1994-2001). The team temporarily suspended operations after the 2012 season. Retrieved from "https://prosportsteams.fandom.com/wiki/Milwaukee_Mustangs?oldid=17732" Categories: Former Arena League teams Teams in Wisconsin Teams in Milwaukee Community content is available under CC-BY-SA unless otherwise noted.