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Sports Authority

Sports Authority

A Sports Authority store in Miami
A Sports Authority store in Miami( Joe Raedle/Getty Images)
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Sports Authority plans to sell assets

Sports Authority will sell some or all of its assets rather than trying to reorganize under bankruptcy protection.

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People enter a Sports Authority store, in New York, Wednesday, March 2, 2016. Sports Authority is filing for Chapter 11 bankruptcy protection. The Englewood, Colo., company has 463 stores in 41 states and Puerto Rico. (AP Photo/Richard Drew)
People enter a Sports Authority store, in New York, Wednesday, March 2, 2016. (AP Photo/Richard Drew)
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Sports Authority files for Chapter 11 bankruptcy protection

Fans coveting their favorite team's jersey with the personal touch of their name on the back are flocking online, likely not so much to the sports store at their local mall. Consumer habits are evolving.

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SEE PHOTOS: Sports Authority Grand Opening with Ray ‘The Prize Guy’, 8/8/15

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