The following is the text of a news report from KABC TV:
(BIG BEAR LAKE, Calif.) — The latest storms to move through Southern California proved to be too much for Big Bear Lake's iconic tour boat.
The Big Bear pirate ship sank sometime Friday night. An employee at Holloway's Marina, where the vessel is docked, discovered the sunken ship Saturday morning.
The ship's owner plans to dive down to the ship on Monday to assess the situation.
He says he plans to raise the ship out of the water and repair any damage ahead of Holloway's Marina's 100-year anniversary this summer.