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HELL NO, THEY WON'T GO! CBA TO RESURFACE IN HARTFORD
Published May 9, 1995
After initially rejecting his first bid to buy the Hellcats for $750,000 in February, the CBA yesterday announced that businessman Brian Foley had acquired the the team for $500,000, according to this morning's HARTFORD COURANT. Foley, owner of Avon, CT-based Apple Health Care, received "unanimous approval" on Friday from the league's 14 owners, but "some reservations about Hartford remain." The CBA has set conditions for the team: Foley must sell 2,500 season tickets and have $400,000 in corporate sponsorship by July 30. CBA Commissioner Tom Valdisseri would not comment on what would happen if the conditions were not met. Foley has reportedly made a commitment to play at the Hartford Civic Center for three seasons, and is currently working on a lease agreement with the state. Also, citing "personal reasons," Foley plans to change the team's name, with a new one to be chosen through a contest (Roy Hasty, HARTFORD COURANT, 5/9). Foley reportedly will not be responsible for the debts that caused the Hellcats' previous owners, Hartford Sports and Entertainment Group, to cease operations (Roy Hasty, HARTFORD COURANT, 5/8).