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.

Leave a comment

Filed under League & Franchise, Money & Financials

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s