The New York State Basketball League ran aground in early January of 1915 due to financial difficulties. Two new six-team leagues were formed in the northeast coal-mining region of Pennsylvania, the Pennsylvania State Basketball League and the Interstate Basketball League. Interstate Basketball League, with far inferior talent to the PSL, remained in the background until late January when Carbondale signed the very best player in pro basketball, Barney Sedran, star of Utica team of the New York State League that collapsed earlier in the month
By 1923, four major leagues gave professional basketball an apparent glow of prosperity, but it was deceiving. The Eastern Basketball League, the New York State Basketball League and the Interstate Basketball League were all ailing financially. Only the second-year Metropolitan Basketball League showed any signs of vitality. The Interstate league folder midway through the 1923-24 season.