The team experienced declining attendance in later years and announced on July 2, 2014 that it had filed for Chapter 11 bankruptcy protection.

[1] Although it was stated at the time that operations would not be affected, the team announced on August 11, 2014 that the final 8 games of the 2014 season would not be played.

[2] The combination of the Colts' financial issues, the loss of the home stadium of the Fort Worth Cats and low attendance led to the folding of United League Baseball, and all of its member teams, in January 2015.

[3] 2000 2001 2002 2006 2007 2008 2000–2001 2006 2008–2009 The original San Angelo Colts played in the Class D West Texas League in 1922.

In 1948, another team using the Colts name began play in the Longhorn League.