[Matresss Discounters], which filed for Chapter 11 bankruptcy protection in September for the second time since 2002, obtained approval on Monday from JudgeGiven that approximately 11 people watched and listened to each Nats game last season, I can understand why the deal wasn't exactly driving sales for company. Still, they're probably being too hasty here. If we simply unleashed the marketing guys, I'm sure they could find no end of clever sleep/lay down metaphors that would nicely suit Nationals baseball.
Thomas Catliota of the U.S. Bankruptcy Court in Greenbelt, Maryland, to terminate the deal, which was signed on Jan. 1.In its Oct. 14 motion, Mattress Discounters called the agreement "burdensome" and said it offered the company no benefit now that the Nationals' baseball season was over.
Mattress Discounters did not disclose details of the contract, citing confidentiality provisions, according to court documents. However, the Upper Marlboro, Maryland-based company said it made monthly payments, starting in April and scheduled to end in October, to the baseball team for "certain sponsorship opportunities" at the club's home ballpark this season, according to court documents.
Thursday, November 6, 2008
The Nats Lose a Sponsor
A bankrupt mattress dealer has begged out of a sponsorship deal with the Washington Nationals: