Hot Corner Baseball Ceasing Operations of St. George Roadrunners
August 3, 2010 - Golden Baseball League (GBL)
St. George RoadRunners News Release
(St. George, UT. Aug 3, 2010) Diamond Sports & Entertainment announced today that Hot Corner Baseball, owner and operator of the St. George Roadrunners of the Golden Baseball League is ceasing team operations due to a lack of ability to meet finanical obligations for the last month of season.
Diamond Sports, the founder of the Golden Baseball League and owner of the Chico and Yuma franchises, is stepping in effective today, through a voluntary foreclosure, to provide the ongoing financial and management support to the team to enable it to continue to complete the season as a road team. Efforts are underway to find a new ownership group for the team.
Hot Corner Baseball, led by southern California businessmen Will Joyce, Ed Wong, and Michael Leyva purchased the Roadrunners in the off-season from St. George resident Todd Vowell. Despite keeping the experienced front office in tact and the core of players that led St. George to the second half South Division championship last season, the team struggled on the field and at the gate all year. The group has not filed for bankrutpcy and is working to meet their existing commitments with employees, fans, and business partners in the St. George community.
"We are very disappointed with Hot Corner's inability to complete the season as this is the first time in seven years that we have ever had this situation occur with a franchise owner in-season," said Diamond Sports Chief Executive Officer David Kaval. "We will make sure that the team continues to play out their schedule as a visiting team during August and are working to minimize the impact of this situation on all concerned."
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