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The Michigan Stags folded on January 18, 1975. The Baltimore Blades were were created a week after the demise of the Stags and were operated by the league. The Blades played out of the Baltimore Civic Center, but attendance did not improve, and was not helped by the team finishing out the season with a 3-13-1 record. At season's end, the league contemplated moving the franchise to Seattle, but the move never materialized and the franchise was terminated. Players from the Michigan/Baltimore team, along with those of the defunct Chicago Cougars, were put into a dispersal draft to be claimed by other WHA teams.
The team's final record was 21-53-4, the second worst in the league that season and far out of a playoff spot. Gary Veneruzzo was the leading scorer for the team with a 33-27-60 mark, nearly twice as much as anyone else save for Jean-Paul LeBlanc. The last active Stags/Blades player in major professional hockey was Ed Johnstone, who last played in the 1986-87 NHL season.