Newark Bears Hold Not-So-Successful Liquidation Sale

Newark Bears LogoThe now-defunct indy pro Newark Bears (Can-Am League) held a liquidation sale today at Riverfront Stadium in Newark (NJ).  As one attendee reported to us, owner Doug Spiel apparently stopped the auction after a mere 3 1/2 hours and said the remaining available items (only 10 percent sold, we hear) would be sold in lots for more money.  Attendees apparently weren’t too happy about the quick ending to the auction.  Read more hereWatch CBS News report hereWatch baseball fan and regular BBiz link-contributor John Cerone being interviewed by NBC 4 New York here.

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Filed under League & Franchise, Money & Financials

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