Halifax Rainmen file for bankruptcy
Posted Jul 6, 2015 03:46:34 PM.
Last Updated Jul 6, 2015 03:48:32 PM.
This article is more than 5 years old.
HALIFAX — The Halifax Rainmen have filed for bankruptcy. The news came in the form of a release Monday from team owner, Andre Levingston who thanked players, fans and the city for their support.
The National Basketball League of Canada franchise filed for bankruptcy Monday morning.
Levingston says he first informed the team’s supporters about the news over the weekend, but wasn’t giving any comment when contacted by News 95.7 Monday afternoon.
Levingston did however comment in Monday’s release, saying, “While it’s disappointing to see this chapter end, I can hold my head high knowing that we did everything we could have done. I love this game, and I love this city.”
The Rainmen were founded in 2006 and began its first season with the American Basketball Association in 2007-2008, before joining the Premier Basketball League one year later. It had been part of the NBLC since 2011.
Earlier this Spring, the Rainmen pulled out of Game 7 of their NBL Canada Championship Final against the Windsor Express, forfeiting the Championship series following a scuffle between the two teams before the deciding game.
The move culminated in a refusal by Halifax’s coach and players to take the court, resulting in the Rainmen being issued a total of $90,000 in fines during the fallout with several players suspended and fined for conduct detrimental to the league.
NBLC League Commissioner, David Magley says in a statement that he is confident there will be a team from Halifax playing in the league next season.
According to the team, all matters related to the bankruptcy proceedings should be forwarded to the trustee Robert Hunt at Grant Thornton.
