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Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Saturday, October 25, 2008
Yet, the Devils stay. For now.
The Newark Bears, the minor-league team that brought baseball back to the city after a 50-year absence, is on the verge of folding, according to team and Essex County officials.
Marc Berson, a Millburn-based real estate developer who purchased the team in 2003, said this morning that mounting financial losses have forced him to fire several team employees and that he is exploring options to sell the team. The news was first reported on the Web site AtlanticLeagueBaseball.com.
“There’s no secret that the economic side of this has not been positive for years,” Berson said. “There’s no secret to that. There’s no secret that the numbers of people attending have not been anywhere near the capacity of that stadium. Anyone can take notice of those two facts.”
Repoz
Posted: October 25, 2008 at 08:27 PM | 4 comment(s)
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1. Hal Chase Headley Lamarr Hoyt Wilhelm (ACE1242) Posted: October 25, 2008 at 09:39 PM (#2994650)it's also just the reality of having minor league baseball 30 minutes from Yankee Stadium and Shea Stadium. Why exactly take your family to see the Bears when you can go see the Mets? Brooklyn and Staten Island are different because they each have a unique appeal, especially the former, with its outfield vistas of Astroland.
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