Suspension of Operation
Before the 2006-07 season, Warronker agreed in principle to sell the team to real estate developer Bill Lucia. However, Lucia didn't file the required paperwork until October 2006, and never made a formal presentation to the league. Later in the month, the team's general manager resigned. On January 4, 2007; Osceola Heritage Park, operators of the Silver Spurs Arena, abruptly locked out the Seals for failure to meet contractual obligations. Stewart told WFTV that the team was short on cash and had missed several payments on its lease with the arena. At the same time, the players had been kicked out of their apartments because the team was paying the rent.
The next day, the SPHL Board of Directors held an emergency meeting and voted to expel the Seals from the league. The players were parceled out to the surviving teams in a dispersal draft.
Lucia later revealed that, for all intents and purposes, the rest of the board had essentially abandoned the team; he'd been the only one paying the bills.
Read more about this topic: Florida Seals
Famous quotes containing the words suspension of, suspension and/or operation:
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—Samuel Taylor Coleridge (1772–1834)
“If the oarsmen of a fast-moving ship suddenly cease to row, the suspension of the driving force of the oars doesn’t prevent the vessel from continuing to move on its course. And with a speech it is much the same. After he has finished reciting the document, the speaker will still be able to maintain the same tone without a break, borrowing its momentum and impulse from the passage he has just read out.”
—Marcus Tullius Cicero (106–43 B.C)
“An absolute can only be given in an intuition, while all the rest has to do with analysis. We call intuition here the sympathy by which one is transported into the interior of an object in order to coincide with what there is unique and consequently inexpressible in it. Analysis, on the contrary, is the operation which reduces the object to elements already known.”
—Henri Bergson (1859–1941)