On October 21, 2015, the Camden Riversharks announced they would cease operations immediately due to the inability to reach an agreement on lease terms with the owner of Campbell's Field, the Camden County Improvement Authority. The Atlantic League of Professional Baseball, whom the Riversharks play for, announced New Britain Rock Cats had joined the league and Camden was one of two teams which could potentially replace the New England team. Since negotiations with the Riversharks and The Camden County Improvement Authority could not be met, the Riversharks ended their 15 years playing at Campbell's Field. The Riversharks folded after losing their lease, a development that followed the purchase of the financially troubled stadium by the CCIA for $3.5 million.