Last Sunday the Clarkson Cup was awarded to the Calgary Inferno after a game held in Toronto at the Coca-Cola Coliseum. Today, the CWHL announced they will cease operations as of May 1, 2019.
They cite an unsustainable business model as the reason:
New management, led by Jayna Hefford, and the new Board, put in place in Summer & Fall 2018 respectively, have proactively worked with our contract staff, players, GM’s, industry partners and corporate sponsors to establish an adequate revenue base, good governance, and high-quality hockey on the ice. Unfortunately the business model that has been the foundation of the League is not sustainable financially.