The Takamatsu Five Arrows may become the first bj-league team to go out of business.
After Sports Project Takamatsu filed for bankruptcy with an estimated ¥50 million in debts in Takamatsu District Court on Friday, the news sparked a flurry of activity for those affected by the decision.
A league insider told The Japan Times on Friday night that Five Arrow players have been making numerous phone calls, hoping to secure a job for next season. The source said the players told him their current employer "is out of business."