Here’s another local lesson in the impossible economics of Independent League baseball. Please look over the growing list at the end of this article of 25 years of failing Can-Am Independent League Teams—the league of the Ramapo’s Boulders. The ballpark is currently losing $1-2 million each year, and there’s still the debt for the bonds to be paid.
The story is by Tom Davis, and it appeared in the Cherry Hill Patch, Sept. 24, 2018
A $35 million baseball field that was supposed to boost tourism is now facing a wrecking ball.
Campbell’s Field in Camden is expected to be demolished after 17 years, according to News12. The 6,700-seat park cost $35 million to build.
The Camden Riversharks lost their lease back in 2015, according to News12, so Camden County Improvement Authority is looking for bids on the demolition. [Read more…]