Re: Houston Coments to cease operations
What does it say about the rest of the league when one of the original and flagship franchises goes out of business? We already known that the league itself is on shaky ground, and the NBA brother teams have already bailed out on their sister teams, leaving a lot of the franchises to non-NBA ownership.
The Rockets sold off the Comets sometime last year, and going by the fact that the Comets are shutting down means that obviously the new ownership lost a lot of money, and in this current ecomony, it's understandable why.
RIP Houston Comets (1997-2008)