Professional sports team bankruptcies are, happily, more rare than a pitcher's perfect game. Only six teams from the “big four” American sports leagues ' Major League Baseball (MLB), the National
League Impact on the Sports Team Bankruptcy Process
In Part One of this article, the authors explored two recent Chapter 11 bankruptcy cases for the Chicago Cubs and the Texas Rangers. The conclusion herein discusses the Chapter 11 experience of the NHL's Phoenix Coyotes.
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