After filing for Chapter 11 bankruptcy in December, a New York bankruptcy court authorized the sale by Scout Media to proceed on Tuesday, for the sum of $9.5 million dollars.
It operates several subscription-based web sites dedicated to individual school teams. Scout charges $100 dollars /year for access to its network of web sites, while 247Sports charges its users $150 dollars per year.
Read MoreThe most notable domains are Scout.com, Golfer.com and NAFC.com (Fishing-related)