The city-sponsored summer collegiate Martinsville (VA) Mustangs (Coastal Plain League) lost $58,464 this year, which is 32 percent deeper than last season’s $44,365 deficit. Needless to say, this doesn’t bode well for the future of the franchise, which has remained on the at-risk list. Read more here.
Mustangs Lose Even More Money in 2011
Filed under Money & Financials
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