Continental Basketball Association Shuts Down Season

Written by Matt Wiesenfeld

Friday, 06 February 2009 15:28

Earlier this week the Continental Basketball Association (CBA) announced that it was immediately ending its regular season citing the slumping economy as the primary reasons for decreases in attendance, sponsorship and other revenues. It wasn't that long ago that the CBA was a thriving concern and the primary source for in-season reinforcements for NBA teams. After falling on hard times and struggling to compete the with NBA Development League the current iteration of the CBA is composed of only 4 teams. The top two teams, the Albany Patroons and the Lawton-Fort Sill Cavalry, will begin a three series later this week to determine the 2008/2009 CBA champion.

CBA Commissioner Dennis Truax says. “This is the best course of action for the CBA to take at this time. The economy has affected us all and we are now directly seeing the fallout from that. We will be holding an owners meeting during the finals as we look to restructure the CBA and come back next season stronger than ever.”

The fact that the economy is ripping through the sports world is not surprising. The Arena Football League cancelled its season and the CBA is now making this concession.

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Matt Wiesenfeld is a contributor to the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey.

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