The nonprofit that owns the summer-collegiate Edenton Steamers says they need the community to come up with $50,000 to ensure the team’s survival.
The nonprofit that owns the Edenton Steamers (summer collegiate; Coastal Plain League) says they need the community to come up with $50,000 to ensure the team’s survival.
The Steamers are owned by the Edenton-Chowan Community Foundation, formed in 1999 to keep the team in Edenton, and they’ve been facing some serious financial issues the past few years, including the loss of a key line of credit and slumping revenues in ballpark advertising. Plus, to be honest, the Steamers have been run on the casual side by a group of community members who don’t believe in pushing product year-round, and this inattention to the changes in summer-collegiate ball has hurt the team.
There’s certainly been a lot of change in the summer-collegiate field since the Steamers were bought by the nonprofit in 1999. One option for the nonprofit is selling the franchise; the other is hiring a full-time general manager to be the face of the franchise and promote the team in the offseason.
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