1950-51 Offseason News and Notes
Despite the deep postseason run, the Brooklyn Coasters still had to raise their line of credit to $750,000 USD in order to cover player payroll for the upcoming 1951 season.
With many of the DANA's American-born players being drafted into the Korean War, the league office has sent a memo to the owners to start recruiting athletes from Canada and Australia to sustain the talent pool.
Given the financial struggles the Coasters face, it couldn't have come at a worse time for Brooklyn sports fans. Walter O'Malley, owner of the MLB Dodgers, must now chart the way for his storied franchise through a new normal. Many of the Dodgers' faithful fans are now flocking to the suburbs while Ebbets Field begins to lose its luster.
Coasters owner Ned Irish feels that his other sports asset, the New York Knicks of the newly formed NBA, would have a much longer future in the New York City region. Therefore, Irish has asked the DANA for permission to put the Coaster franchise for sale. However, the DANA has advised Irish to try to find a New York based buyer before he can talk to out-of-town suitors.
For Providence Steamrollers owner Lou Perini, his other sports asset, baseball's Boston Braves, are on the brink of financial ruin.