End of The Sting
On December 13, 2006, Bobcats Sports and Entertainment turned ownership of the team over to the league, citing low attendance in Charlotte (despite a new arena) and loss of revenue.
Read more about this topic: Charlotte Sting
Famous quotes containing the word sting:
“All this stuff you heard about America not wanting to fight, wanting to stay out of the war, is a lot of horse dung. Americans, traditionally, love to fight. All real Americans love the sting of battle.... Americans play to win all the time. I wouldn’t give a hoot in hell for a man who lost and laughed. That’s why Americans have never lost—and will never lose—a war, because the very thought of losing is hateful to Americans.”
—Francis Ford Coppola (b. 1939)