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.
Tag Archives: United League Baseball
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.
Texas Attorney General Ken Paxton asked the Bankruptcy Court of the Northern District of Texas to convert the San Angelo Colts (Indy Pro, United League) baseball team’s bankruptcy to Chapter 7, or liquidation, on behalf of the Texas Tech University System and Angelo State University. The order was granted last week, according to court documents. Read more here. Read previous post here.
Contrary to reports that the indy pro United League Baseball will shut down — along with all of its teams, including the San Angelo Colts — ULB owner John Bryant says the league is in danger but not yet dead. Read more here (subscription required). Read our relevant comments below our San Angelo posting here.
The indy pro American Association is reportedly in talks with Brownsville (TX) about building a new stadium and bringing a franchise to town. Local officials are apparently pleased it’s not the “semi-defunct” United League that has come knockin’. Sources say the league is also looking at New Braunfels (TX). Read more here.
It not-so-shocking news, the indy pro Rio Grande Valley WhiteWings (United League) reportedly owe a t-shirt company money, and the frustrated vendor has decided the seek the help of KRVG’s “5 On Your Side” to get paid. Read more and watch news report here. Read about the San Angelo Colts’ recent bankruptcy here. Read about the Bryant and Pierce show here.