The End
Toward the end of the 2010 season, in late August, Rich Ehrenreich's operating company for the team, Schaumburg Professional Baseball, L.L.C., was stripped of its business registration for nonpayment of sales and withholding taxes. Heavily in debt, Ehrenreich was attempting to sell the team since the beginning of the 2010 season to concentrate on the Lake County Fielders (which Ehrenrich co-owns under a separate operating company), and a proposed sale in June 2010 to Adriano Pedrelli had fallen through.
Despite troubles with Illinois tax officials, the Flyers signaled their intent to join the newly-formed North American League in the winter of 2010, intending to play the 2011 season in that league. However, the Schaumburg Flyers were served an eviction notice from Alexian Field on February 24, with the team over $900,000 in arrears in rent on Alexian Field going back to 2007. A Cook County judge terminated the lease and ordering Flyers' ownership to pay the village and the Schaumburg Park District (the co-landlords) $551,828.92 in back rent (although the actual amount owed was $920,000 going back to 2007), with the eviction becoming final on March 6, 2011. Three days after the eviction notice became final, the owner of the Joliet Slammers, Alan Oremus, was awarded a new lease on the stadium. A new lease was signed by the new operating company, E.J.I., LLC, in July 2011, after which Oremus sold the franchise to local attorney Patrick A. Salvi. The replacement team, the Schaumburg Boomers, will begin play in 2012.
The assets of the Flyers were auctioned in April 2011, bringing an end to the franchise. The back rent, however, has not been collected by Schaumburg officials.
Read more about this topic: Schaumburg Flyers
Famous quotes related to the end:
“As the end of the century approaches, all our culture is like the culture of flies at the beginning of winter. Having lost their agility, dreamy and demented, they turn slowly about the window in the first icy mists of morning. They give themselves a last wash and brush-up, their ocellated eyes roll, and they fall down the curtains.”
—Jean Baudrillard (b. 1929)
“The body was still resting on its legs, leaning against the end of the side of the bed, while one of the arms was close clasped round the bed-post. The mouth was rigidly closed, but the eyes were open as though staring at him.”
—Anthony Trollope (1815–1882)