San Angelo Colts Liquidated

A liquidation sale of the San Angelo Colts (Indy Pro, United Baseball League) was recently held at Foster Field, pursuant to a court order because the ownership failed to satisfy the requirements of the their Chapter 11 reorganization plan.  Former GM Mike Babcock, who left the team in 2012 after his eight-year tenure at the helm, blamed central league ownership for the team’s demise and said, “We were making money, and in our worst years, we broke even.”  Read more here.

Time, Patience Run Out on Colts

The Bankruptcy Court of the Northern District of Texas in Dallas has put the final nail into the coffin of the San Angelo Colts (Indy Pro, United League Baseball).  In a recent ruling, the court ordered the ownership’s Chapter 11 reorganization proceedings be dismissed.  The next step is liquidation of its assets under the guidance of the court.  Read more here.

Newark Bears Done?

Rumors were already out there that the indy pro Newark Bears would not be returning for the 2014 season.  Beyond the team’s absence from the Can-Am League website header and 2014 schedule, a liquidation sale and auction announcement was posted on the Bears Facebook page this afternoon.