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HELLCAT HATH NO FURY, BUT CBA TEAM MAY HAVE INVESTORS
Published January 6, 1995
CBA Commissioner Tom Valdiserri said yesterday he has spoken with "three substantial groups" that may invest in or buy the financially troubled Hartford Hellcats. Hartford Sports & Entertainment Group, which owns the team, defaulted on a $1.25M loan on December 14, and lost $590,368 in '93 --their first year with the team. Valdiserri would not comment on whether the bidders would move the team, but stressed that the league's "sole objective" is to keep the team in Hartford. He also said that the other 15 owners in the league have offered to "help the Hartford group find an investor or assist the group in operating the Hellcats" (Roy Hasty, HARTFORD COURANT, 1/6).