Complex sentence: The last incarnation of the Blazers came into being in 1992 with the revival of the CHL, and they were one of the most successful minor league hockey franchises of all time, routinely drawing 8,000 fans or more.
Split into simpler sentences: The last incarnation of the Blazers came into being in 1992 with the revival of the CHL. They were one of the most successful minor league hockey franchises of all time, routinely drawing 8,000 fans or more.