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Saturday, October 25, 2008

Newark Bears baseball team on the verge of folding

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

“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) Login to Bookmark
  Tags: general

Reader Comments and Retorts

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   1. Hal Chase Headley Lamarr Hoyt Wilhelm (ACE1242) Posted: October 25, 2008 at 09:39 PM (#2994650)
Sad news. Nice little park, easy to get to. Glad DMN talked me into going while the going was good.
   2. Weekly Journalist_ Posted: October 26, 2008 at 02:14 AM (#2994800)
It is sad, and it's totally about racism. People are afraid to go to Newark even though downtown Newark is great.

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.
   3. Weekly Journalist_ Posted: October 26, 2008 at 02:17 AM (#2994803)
And yes, Bears Riverfront Stadium is a better stadium than several Major League parks.
   4. Weekly Journalist_ Posted: October 26, 2008 at 02:18 AM (#2994808)
Does Seton Hall play their home games there too?

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