JETS coach Paul Smith said: 'We didn't get to the basket enough and they kept us on the perimeter.
'It's not good for Mike (Nurse) and Ryan (Huntley) to have so many shots for us. I'm disappointed but I keep things in perspective. I've had to earn my corn in harder jobs than this. We've got a strong foundation at this club and I'd like to bring every single player back, they're all good people.'
Sharks' coach Peter Scantlebury said: 'It's been a long time coming and everyone's been talking about it. The guys worked hard all year round and while we fell away in the league, this makes up for it. We had the belief, our league chances ended quite a while ago but we were always involved in the championship race.' Jets edged out Brighton Bears 80-79 in Saturday's semi-final with Davis topscoring on 25 points.
A solid first-half display saw Jets lead 20-15 at the end of the opening quarter and 39-35 at the break, but Brighton looked set for victory following a tremendous display in the third period.
Bears, who had hit just one of their 12 three-point attempts in the first half, bagged seven in 10 minutes to go into the final period 68-53 ahead.
A Huntley pair from the foul line edged Jets ahead by a point with 25.2 seconds remaining but Bears missed several close-range shots in the dying moments and blew the game.