Updated News Around the World

Auckland Tuatara baseball franchise goes into liquidation

Auckland Tuatara player Won-Seok Kim  in action from the Australian Baseball League (ABL).

The Auckland Tuatara joined the Australia national baseball competition in 2018.
Photo: PHOTOSPORT

The Auckland Tuatara baseball franchise has been placed into liquidation and will no longer compete in the Australian Baseball League.

The Tuatara entered the Australia in 2018 but sat out the entire 2020-21 and 2021-22 seasons due to COVID travel restrictions.

A statement from the organisations directors said “the impacts of COVID over the past three years, significant increase in costs across the business, plus the loss of income from missing seven of the team’s scheduled 20 home games this past summer has placed a huge strain on finances.”

Club spokesperson Dale Budge refused to say how much the franchise owes debtors.

“Shortly after bringing the franchise to life, we were hit with the impacts of COVID, travel restrictions and the financial implications that came with it.”

The logo for the new Auckland team in the Australian baseball competition.

The logo for the new Auckland team in the Australian baseball competition.
Photo: Supplied: Auckland Tuatara

When competition did finally return to Auckland, the weather didn’t play ball with of three of five home played imapcted by weather and affecting crowd attendance.

“The costs of participating have skyrocketed over the past few months and all teams competing in the ABL have found it challenging financially.

“We feel for the staff, who have worked tirelessly to keep the lights on, for the players and coaches that no longer have a local team to play for and for the sport that has lost its public face.

“It is a very sad day for our sport.”

The Tuatara played their last game in January losing in the semi-finals to eventual title winners the Adelaide Giants.

The liquidation of the Tuatara baseball franchise does not impact the Tuatara in basketball's NBL.

The liquidation of the Tuatara baseball franchise does not impact the Tuatara in basketball’s NBL.
Photo: Photosport

The liquidation of the baseball franchise does not affect the basketball franchise which competes in the national domestic competition, the NBL, said spokesperson Dale Budge.

“These are two very separate and distinct businesses that share the same brand but are separate in every other facet.

“While they do share the same DNA, with staff working across both organisations, there is a totally different ownership group and financial model with the basketball,” he said.

Budge said Auckland Tuatara Basketball has met all of its financial requirements and paying players, coaches and staff.

-RNZ

For all the latest Sports News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.