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San Francisco Bulls Hockey Team Folds During 2nd Season

SAN FRANCISCO (CBS / AP) — The San Francisco Bulls, an affiliate of the National Hockey League's San Jose Sharks, have folded operations effective immediately.

In announcing the decision Monday, the Bulls said they failed to finalize a change in ownership that they hoped would sustain the East Coast Hockey League organization established in October 2012.

The Bulls finished their partial season 15-20-5 with 32 games remaining. They made the playoffs in their inaugural season.

CEO Angela Batinovich announced last week that the ECHL commissioner and Board of Governors granted the team's request during its mid-season meeting for additional time to complete negotiations for a new ownership group, which ultimately didn't happen.

The team said it would provide refunds for tickets via email requests through Feb. 28.

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