Originally written November 21, 2012 on Redlegs Review:
  November 21, 1870 - The Cincinnati Baseball Club announces it will hire no professional players for the 1871 season, and instead will develop its amateur players. Unable to sign its star players to contracts for the 1871 season, and uncertain of being able to field a competitive first-class nine that would live up to the standards of the Red Stockings, the Cincinnati Baseball Club simply bowed out of the professional arena. The rise in payroll and other miscellaneous expense was what led to the financial demise of the team. The decision meant that Cincinnati - which pioneered the professional game - would not be represented in the first professional league, which formed early in 1871. It wasn't until 1875 when the Queen City would once again boast a professional baseball team as John Joyce, an organizer of the original Red Stockings club dismantled in 1870, revived the club through a new business entity. That 1875 team competed against amateur teams around the regi...
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