Sports Properties Acquisition Corp., is a blank check company. The Company was formed to acquire, through a merger, capital stock exchange, asset or stock acquisition, exchangeable share transaction or other similar business combination, one or more businesses in the sports, leisure or entertainment industries. During the year ended December 31, 2008, the Company was not engaged in any operations nor generated any substantial revenues. The Company is not engaged in, and would not engage in, any substantive commercial business for an indefinite period until a business combination is completed.