The Mudbugs would go on to win the Ray Miron President 's Cup that season in a 7 - game series with the Colorado Eagles .
The Mudbugs would cease operations two weeks later citing low attendance and financial issues .
The Mudbugs would go on to win the Ray Miron President 's Cup that season in a 7 - game series with the Colorado Eagles , but would cease operations two weeks later citing low attendance and financial issues .