Audit finds annual baseball tournament in trouble

Photo Credit: Courtesy - Wesley University
Photo Credit: Courtesy - Wesley University

WICHITA, Kan. (AP) — Auditors say an annual college baseball tournament held in Wichita since 1935 is in financial trouble.

The audit of the city-owned National Baseball Congress found the regional tournament is more than a quarter-million dollars in debt and owes two years of lease payments for Lawrence-Dumont Stadium.

City officials say the tournament’s financial problems threaten its future. The city has begun a study to rescue the tournament, which made only $1,100 in profit last year.

The Wichita Eagle (http://bit.ly/16wHsfR ) reports initial plans are to seek corporate sponsorships and increase marketing of the tournament through 2014.

The tournament is managed by the minor league Wichita Wingnuts. The audit found the tournament’s finances have been mingled with the Wingnuts’ books for the last two years.

___

Information from: The Wichita (Kan.) Eagle, http://www.kansas.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s