Despite the questionable facilities, the Knights played over-.500 hockey and were in playoff contention before losing their last six games to finish 32–42–4, last in the Eastern Division. Within five weeks of the move, though, reports had already begun to state that the franchise would not stay in New Jersey beyond the end of the season, as Cherry Hill Arena was inadequate even for temporary use. Baltimore businessman Joe Schwartz purchased the team in January, fueling speculation the team might move to the Maryland city, or perhaps be re-incarnated as an expansion franchise in Cincinnati or Indianapolis.