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Breighner: Tornadoes are in good financial shape

Saying there’s no chance he’ll explore bankruptcy, Worcester Tornadoes (independent; Can-Am League) owner Todd Breighner says the team’s balance sheet is in good shape and he will rebound from financial setbacks. The team was locked out of offices earlier this week after the local Hilton Garden Inn went to court to satisfy a $32,562 bill. This follows […]

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Vendors seeking back payments from Will County, Illinois teams

A bad summer could end up being much worse for Will County CrackerJacks and Illinois Lincolns owner Jamie Toole, as creditors seek payment for housing and promotional expenses. Toole shut down both teams from play in the summer-collegiate Midwest Collegiate League before the end of the year, arguing philosophical differences with league ownership. The league […]

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Canseco suing Worcester Tornadoes over unpaid salary

Jose Canseco’s return to indy ball may be more profitable than anticipated if he prevails in a lawsuit against the Worcester Tornadoes (independent; Can-Am League) over an unpaid salary, which is causing him severe emotional distress. Canseco filed the suit today against the Tornadoes and team owner Todd Breighner for “breach of contract, defamation, unjust enrichment, failure […]

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Pacifics, North American League season to proceed as planned after court victory

Opponents of an Albert Park lease for the San Rafael Pacifics (independent; North American League) lost their motion to boot the team, allowing the team and the circuit to proceed with the 2012 season. The Albert Park Neighborhood Alliance had argued the leasing of Albert Park by the Pacifics would violate the park’s original grant, which […]

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Pacifics ballpark back in court

A neighborhood group is appealing a court decision allowing the San Rafael Pacifics (independent; North American League) to play in Albert Park, arguing it violates grant-deed restrictions. The Pacifics earlier won a court case allowing Centerfield Partners to sign a one-year deal to play at the city-owned park. A neighborhood group, Albert Park Neighborhood Alliance, […]

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Mets settle Madoff clawback case

New York Mets ownership will enter the 2012 season without some huge financial uncertainty, settling for $162 million a lawsuit alleging they had willfully ignored signs of fraud committed by Bernie Madoff. The lawsuit, brought by trustee Irving Picard, called for Fred Wilpon and Saul Katz — owners of the Mets — to pay $300 […]

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