According to (league president Haim) Katz, the league's problems stemmed largely
from a number of Israeli creditors who, he said, had not been paid by the IBL.
"2008 is not happening, 2009 we're working on. Right now it's [nearly] the first
of June, and there's no preparation. But there are many parties interested in
reviving professional baseball [in Israel]."
Or we'll never see it again.
(link via Walkoff Walk)