<PAGE>

================================================================================

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                    -----------------------------------------

                                   FORM 10-QSB

      (Mark One)
    X        QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
---------    EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2001

             TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
---------    EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ____________ TO
             ______________.

                         Commission File Number 0-17293

                             COLLEGIATE PACIFIC INC.
        (Exact Name of Small Business Issuer as Specified in Its Charter)

                TEXAS                                   22-2795073
                -----                                   ----------
   (State or Other Jurisdiction of         (I.R.S. Employer Identification No.)
   Incorporation or Organization)

     13950 SENLAC DRIVE, SUITE 100, DALLAS, TEXAS               75234
     --------------------------------------------             ----------
      (Address of Principal Executive Offices)                (Zip code)

                                 (972) 243-8100
                (Issuer's Telephone Number, Including Area Code)

Check whether the issuer: (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.   Yes   X     No
                                                                -----      -----

As of November 12, 2001, there were 4,264,773 shares of the issuer's common
stock outstanding and 4,244,607 of the issuer's common stock purchase warrants
outstanding.

Transitional Small Business Disclosure Format (check one):
         Yes           No   X
             -----        -----

================================================================================


<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
                                TABLE OF CONTENTS

<TABLE>
<CAPTION>
                                                                                                    PAGE
                                                                                                   NUMBER
                                                                                                   ------

<S>      <C>                                                                                       <C>
PART I:  FINANCIAL INFORMATION.

         Item 1.    Consolidated Financial Statements (Unaudited)

         Condensed Consolidated Balance Sheets at September 30, 2001
         and June 30, 2001.......................................................................      1

         Condensed Consolidated Statements of Operations for the
         three months ended September 30, 2001 and 2000..........................................      2

         Condensed Consolidated Statements of Cash Flows for
         the three months ended September 30, 2001 and 2000......................................      3

         Notes to the Condensed Consolidated Financial Statements................................      4

         Item 2.    Management's Discussion and Analysis of Financial
         Condition and Results of Operations. ...................................................      7


PART II: OTHER INFORMATION

         Item 6.    Exhibits and Reports on Form 8-K.............................................      10

SIGNATURES.......................................................................................      13
</TABLE>


<PAGE>

PART  I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
                      CONDENSED CONSOLIDATED BALANCE SHEETS


<TABLE>
<CAPTION>
                                                                   September 30,     June 30,
                                                                       2001            2001
                                                                  --------------    -----------
                           ASSETS                                   (Unaudited)
<S>                                                               <C>               <C>
Current assets:
     Cash and cash equivalents                                     $   275,075      $   349,508
     Accounts receivable, net of allowance for doubtful
       accounts of $93,223 and $87,187, respectively                 1,714,910        1,797,079
     Inventories                                                     3,112,241        2,787,169
     Prepaid expenses and other assets                                 286,317          146,328
                                                                   -----------      -----------
       Total current assets                                          5,388,543        5,080,084

Property, plant and equipment, net of accumulated
       depreciation of  $302,300 and $295,980, respectively            551,263          523,472
Other assets:
        License agreements, net of accumulated amortization
          of $53,343 and $44,296, respectively                          91,059          100,106
        Cost in excess of net tangible assets acquired, net of
          accumulated amortization of $122,542                         544,375          544,375
        Other assets, net                                              277,688          283,319
                                                                   -----------      -----------
                                                                   $ 6,852,928      $ 6,531,356
                                                                   ===========      ===========
            LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
     Accounts payable                                              $ 1,117,082      $   942,129
     Accrued expenses                                                  126,485          124,190
     Current portion, notes payable to stockholders                    290,973          290,973
     Current portion, other notes payable                              420,000          420,000
     Other current liabilities                                           6,984           16,144
                                                                   -----------      -----------
       Total current liabilities                                     1,922,973        1,793,436

Notes payable to stockholders, net of current portion                  365,027          365,027
                                                                   -----------      -----------

         Total liabilities                                           2,326,551        1,585,845

Stockholders' equity:
     Common stock, $.01 par value; authorized 50,000,000
        shares; issued 4,264,773 shares                                 42,648           42,648
     Additional paid-in capital                                      6,452,278        6,452,278
     Accumulated deficit                                            (1,602,079)      (1,750,568)
     Treasury shares at cost; 36,226 shares                           (366,470)        (366,470)
                                                                   -----------      -----------
                                                                     4,117,260        4,377,888
     Less notes receivable from stockholders                                --           (4,995)
                                                                   -----------      -----------
        Total stockholders' equity                                   4,526,377        4,372,893
                                                                   -----------      -----------
                                                                   $ 6,852,928      $ 6,531,356
                                                                   ===========      ===========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.



                                      -1-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                              Three Months Ended
                                                 September 30,
                                                 -------------
                                              2001             2000
                                              ----             ----

<S>                                       <C>              <C>
Net sales                                 $ 3,814,622      $ 2,662,890
Cost of sales                               2,404,891        1,743,353
                                          -----------      -----------
     Gross margin                           1,409,731          919,537

Selling, general and administrative
   expenses                                 1,225,519          971,001
                                          -----------      -----------
     Operating profit (loss)                  184,212          (51,464)

Other income (expense)

     Interest expense                         (40,751)         (21,041)
     Other income                               5,028            1,931
                                          -----------      -----------

Net income (loss)                         $   148,489      $   (70,574)
                                          ===========      ===========

Net income (loss) per share-basic and
diluted                                   $      0.03      $     (0.02)
                                          ===========      ===========


Weighted average shares outstanding:
Basic                                       4,264,773        4,244,607
Diluted                                     4,305,111        4,244,607
</TABLE>

     See accompanying notes to condensed consolidated financial statements



                                      -2-
<PAGE>



                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
                 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                                                   Three months ended
                                                                      September 30,
                                                                      -------------
                                                                   2001            2000
                                                                   ----            ----
<S>                                                             <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net income (loss)                                          $ 148,489      $   (70,574)
     Adjustments to reconcile net income (loss) to net cash
     used in operating activities:
     Depreciation, amortization and bad debt expense               76,699           85,276
     Changes in operating assets and liabilities                 (232,951)      (1,001,279)
                                                                ---------      -----------
Net cash used in operating activities                              (7,763)        (986,577)

CASH FLOWS FROM INVESTING ACTIVITIES:
     Purchases of property and equipment                          (71,665)         (62,774)
     Cash paid for licenses                                            --            5,009
     Cash received on notes receivable from stockholders            4,995            9,966
                                                                ---------      -----------

Net cash used in investing activities                             (66,670)         (47,799)

CASH FLOWS FROM FINANCING ACTIVITIES:
     Cash paid for treasury shares                                     --         (111,027)
     Proceeds from borrowings                                          --          460,000
                                                                ---------      -----------

Net cash provided by financing activities                              --          348,973
                                                                ---------      -----------

Net decrease in cash and cash equivalents                         (74,433)        (685,403)

Cash and cash equivalents at beginning of period                  349,508          780,546
                                                                ---------      -----------

Cash and cash equivalents at end of period                      $ 275,075      $    95,143
                                                                =========      ===========


Supplemental disclosure of cash flow information
Cash paid during the period for interest                        $  56,124      $    15,681
                                                                =========      ===========
Cash paid during the period for income taxes                    $     ---      $    29,168
                                                                =========      ===========
</TABLE>

     See accompanying notes to condensed consolidated financial statements.


                                      -3-
<PAGE>



                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)

1.       BASIS OF PRESENTATION.

         These unaudited condensed consolidated financial statements of
         Collegiate Pacific Inc. and its subsidiaries have been prepared in
         accordance with accounting principles generally accepted in the United
         States for interim financial reporting. Accordingly, they do not
         include all of the information and footnotes required by generally
         accepted accounting principles for complete financial statements and
         should be read in conjunction with the company's annual report on Form
         10-KSB for the fiscal year ended June 30, 2001. All significant
         intercompany transactions and balances have been eliminated in
         consolidation. In the opinion of management, all adjustments
         (consisting only of normal recurring adjustments) considered necessary
         for a fair presentation of the interim financial information have been
         included.

         Operating results for the interim period are not necessarily indicative
         of results that may be expected for the fiscal year ending June 30,
         2002.

2.       USE OF ESTIMATES.

         The preparation of financial statements in conformity with accounting
         principles generally accepted in the United States requires management
         to make estimates and assumptions that affect the amounts reported in
         the financial statements and accompanying notes. Actual results could
         differ from those estimates.

3.       NEW ACCOUNTING STANDARDS.

         The company, pursuant to Emerging Issues Task Force Issue 2000-10,
         began classifying in 2001 freight charges billed to customers as
         revenues and the related costs as part of the company's cost of sales.
         The net amount of these revenues and associated costs were previously
         included as part of the company's selling, general and administrative
         expenses. All prior periods have been restated to reflect this change.

         In July 2001, the Financial Accounting Standards Board ("FASB") issued
         Statement of Financial Accounting Standards No. 141 ("SFAS 141"),
         "Business Combinations," which eliminates the pooling method of
         accounting for business combinations initiated after June 30, 2001. In
         addition, SFAS 141 addresses the accounting for intangible assets and
         goodwill acquired in a business combination. The portion of SFAS 141 is
         effective for business combinations completed after June 30, 2001. The
         company does not expect SFAS 141 will have a material impact on the
         company's financial position or results of operations.


                                      -4-
<PAGE>


                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)


         In July 2001, the FASB issued Statement of Financial Accounting
         Standards No. 142 ("SFAS 142"), "Goodwill and Intangible Assets," which
         revises the accounting for purchased goodwill and intangible assets.
         Under SFAS 142, goodwill and intangible assets with indefinite lives
         will no longer be amortized, but will be tested for impairment
         annually, and in the event of an impairment indicator. SFAS 142 is
         effective for fiscal years beginning after December 15, 2001, with
         earlier adoption permitted. The Company adopted SFAS 142 in the first
         quarter of fiscal year 2002. The following table reflects pro-forma
         amounts as though SFAS 142 were adopted at the beginning of fiscal
         2001:


<TABLE>
<CAPTION>
                                                                                   September 30,
                                                                              2001                2000
                                                                              ----                ----
<S>                                                                       <C>                  <C>
Reported net income (loss):                                               $148,489             $(70,574)
   Add back:  Goodwill amortization                                             --               10,900
                                                                          --------             --------
   Adjusted net income (loss)                                             $148,489             $(59,674)
                                                                          ========             =========
Basic earnings per share:
   Reported net income (loss)                                             $   0.03             $  (0.02)
   Add back:  Goodwill amortization                                             --                 0.01
                                                                          --------             --------
   Adjusted net income (loss)                                             $   0.03             $  (0.01)
                                                                          ========             =========
Diluted earnings per share:
   Reported net income (loss)                                             $   0.03             $  (0.02)
   Add back:  Goodwill amortization                                             --                 0.01
                                                                          --------             --------
   Adjusted net income (loss)                                             $   0.03             $  (0.01)
                                                                          ========             =========
</TABLE>

         In October 2001, the Financial Accounting Standards Board ("FASB")
         issued Statement of Financial Accounting Standards No. 144 ("SFAS
         144"), "Accounting for the Impairment or Disposal of Long-Lived
         Assets". SFAS 144 addresses financial accounting and reporting for the
         impairment or disposal of long-lived assets. This statement supersedes
         SFAS 121, "Accounting for the Impairment of Long-Lived Assets and for
         Long-Lived Assets to Be Disposed of" ("SFAS 121") and related
         literature and establishes a single accounting model, based on the
         framework established in SFAS 121, for long-lived assets to be disposed
         of by sale. The Company is required to adopt SFAS 144 for fiscal years
         beginning after December 15, 2001.

4.       INVENTORIES

         Inventories consist of the following:

<TABLE>
<CAPTION>
                                                                       September 30,              June 30,
                                                                            2001                    2001
                                                                            ----                    ----
<S>                                                                      <C>                     <C>
         Raw materials                                                   $  271,734              $  205,734
         Work in progress                                                    49,524                  28,139
         Finished goods                                                   2,790,983               2,553,296
                                                                         -----------             -----------
                                                                         $3,112,241              $2,787,169
                                                                         ==========              ==========
</TABLE>

5.       INCOME (LOSS) PER SHARE

         Summarized basic and diluted additional income (loss) per common share
         for the three months ended September 30, 2001 and 2000 are as follows:

<TABLE>
<CAPTION>
                                             2001                                            2000
                          ------------------------------------------        ---------------------------------------
                            Net                            Per Share                                      Per Share
                          Income            Shares          Amount          Net Loss        Shares         Amount
                          ------         ------------      ---------        --------      ----------      ---------
<S>                       <C>            <C>               <C>              <C>           <C>             <C>
Basic Income
 (loss) per share         $148,489         4,264,773         $0.03          $(70,574)      4,244,607       $(0.02)
Effect of
 dilutive options            -                40,338           --               --             --             --
                          --------       -----------         -----          --------       ---------       ------
Diluted income
 (loss) per share         $148,489         4,305,111         $0.03          $(70,574)      4,244,607       $(0.02)
                          ========       ===========         =====          =========      =========       ======
</TABLE>


                                      -5-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES
              NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
                                   (UNAUDITED)


         For the three months ended September 30, 2001 and 2000, stock options
         and warrants covering 4,487,107 and 4,452,107 shares, respectively,
         were excluded in the computations of diluted income (loss) per share
         because their effect was antidilutive.

6.       SUBSEQUENT EVENTS

         On October 31, 2001, the Company amended the terms of its existing
         Revolving Credit Facility with Chase Bank of Texas extending the
         maturity date for an additional one year period.



                                      -6-
<PAGE>


                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS.

BACKGROUND

The company is engaged in the national distribution of sports equipment to the
institutional and retail markets realizing the vast majority of its revenues in
response to catalog mailings and telemarketing efforts. The market for this
merchandise is estimated to consist of approximately 250,000 locations, which
have annual expenditures of some $4 billion for sports equipment. The management
of the company has extensive experience in this business having previously
founded successful mail order companies in the sports equipment industry.

The company believes it is the fastest growing supplier of sporting goods
equipment to the institutional and dealer market. Since the company commenced
its first national marketing programs in March 1998, it has received orders from
more than 27,000 locations and continues to add new customers at a high rate.
The company believes that its dedication to product quality and customer service
is the primary reason for the growth rate of the company's revenues and new
customers.

The company's fiscal year ends on June 30th. References herein to fiscal 2002
and fiscal 2001 refer to our fiscal years ending on June 30, 2002 and 2001,
respectively.

THREE MONTHS ENDED SEPTEMBER 30, 2001 COMPARED TO THREE MONTHS ENDED SEPTEMBER
30, 2000

NET SALES

The company's sales and earnings are seasonal in nature. Historically, the
company has reported lower sales and earnings in the first and second fiscal
quarters because many of the company's primary customers are closed for the
year-end holidays. Other factors, such as poor weather, could negatively impact
demand for the company's products. Management believes that if sales continue to
increase at historical levels and, as the company makes changes to its product
mix, the historical seasonal nature of the company's sales and earnings will be
diminished.

Net sales for the three months ended September 30, 2001, increased by
approximately $1.1 million, or approximately 43%, compared to the same period in
2000. The company attributes the growth in its revenues for both periods to its
aggressive marketing activities, the expansion of its product offerings, an
increase in dealer related revenues, and the overall growth of its customer
base. As a result of the company's expanded operations and marketing activities,
the company believes future revenues will continue to exhibit growth from
current levels. Management believes the seasonality in its revenues will
continue to be a factor in future periods, but may not be to the same extent if
the company's revenues continue to rise at current rates.

GROSS MARGIN

Gross margin for the three months ended September 30, 2001, increased by
approximately $490 thousand, or 53%, compared to the same period in 2000. As a
percentage of sales, gross margin for the three months ended September 30, 2001,
increased to approximately 36%, compared to 35% for the same period in 2000. The
increase for the period was the result of better absorption by the company of
its manufacturing costs, a higher percentage of manufactured goods sold as a
percent of overall sales, and a modest increase in the average selling price of
our products.



                                      -7-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


OPERATING EXPENSES

Selling, general and administrative ("SG&A") expenses for the three months ended
September 30, 2001, increased by approximately $256 thousand, or 26%, compared
to the same period in 2000. As a percentage of sales, SG&A expenses for the
three months ended September 30, 2001, decreased to 32% from 36% for the same
period in 2000. The increase in selling, general and administrative expenses was
primarily due to an increase in personnel related costs incurred in connection
with hiring additional personnel to the sales force, as well as in connection
with managing the increase in sales volume and advertising costs associated with
the company's additional marketing efforts.

NET INCOME

The net income of the company increased by approximately $219 thousand for the
three months ended September 30, 2001, compared to the same period in fiscal
2001. As a percentage of net sales, net income increased to approximately 4% for
the three months ended September 30, 2001, compared to a 3% net loss for the
same period during fiscal 2001. The increase was attributable to an increase in
sales, a small increase in gross profit as a percentage of sales, and a decrease
in selling, general and administrative expenses as a percentage of sales during
the same period in fiscal 2001.

LIQUIDITY AND CAPITAL RESOURCES

Cash and cash equivalents totaled approximately $275 thousand at September 30,
2001, compared to approximately $95 thousand at June 30, 2001. Cash used in
operations of approximately $8 thousand in the three months ended September 30,
2001, was the result of an increase in inventory of approximately $325 thousand
and prepaid expenses of approximately $140 thousand, which were partially offset
by an increase in accounts payable of approximately $175 thousand and a decrease
in accounts receivable of approximately $64 thousand, and an increase in net
earnings of approximately $219 thousand. For the same period in fiscal 2001, the
cash used in operations of approximately $987 thousand was the result of losses
incurred during the period and an increase in inventory of approximately $249
thousand and prepaid expenses of approximately $264 thousand, and a decrease in
accounts payable of approximately $258 thousand and accrued expenses of
approximately $262 thousand, which were partially offset by an decrease in
accounts receivable.

The company used approximately $66 thousand in cash in investing activities in
the three month period ended September 30, 2001, compared to approximately $48
thousand for the same period in fiscal 2001. The primary use of cash in
investing activities was the purchase of property and equipment of approximately
$72 thousand.

For the three months ended September 30, 2001, the company did not use any
proceeds from financing activities, compared to its use of approximately $349
thousand of proceeds from financings for the same period in fiscal 2001.

Current assets totaled approximately $5.4 million at September 30, 2001,
providing the company with working capital of approximately $3.4 million.

The borrowings under the revolving credit facility with Chase Bank of Texas,
N.A. are classified as a current liability since the facility would have expired
on October 31, 2001. On October 31, 2001, the company amended the terms of its
$2,000,000 revolving credit facility to extend the maturity date of the facility
to October 31, 2002, and permit the company to repurchase up to



                                      -8-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


$125 thousand of its outstanding common stock during the term of the facility.
All borrowings under the revolving credit facility will continue to be
classified as a current liability. Management believes the company will be able
to satisfy its short-term and long-term liquidity requirements from borrowings
under the revolving line of credit and from cash generated from operations. The
company may experience periods of higher borrowing under its revolving line of
credit due to the seasonal nature of its business cycle. The company continues
its efforts to expand by evaluating potential acquisitions and joint ventures,
and the success of those efforts may require additional bank debt, equity
financing, or private financing.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS

The company occasionally makes forward-looking statements concerning its plans,
goals, product and service offerings, and anticipated financial performance.
These forward-looking statements may generally be identified by introductions
such as "outlook" for an upcoming period of time, or words and phrases such as
"should", "expect", "hope", "plans", "projected", "believes", "forward- looking"
(or variants of those words and phrases) or similar language indicating the
expression of an opinion or view concerning the future.

These forward-looking statements are subject to risks and uncertainties based on
a number of factors and actual results or events may differ materially from
those anticipated by such forward-looking statements. These factors include, but
are not limited to: the growth rate of the company's revenue and market share;
the consummation of new, and the non-termination of, existing contracts; new
competitors entering the company's business, the company's ability to
effectively manage its business functions while growing its business in a
rapidly changing environment; the company's ability to adapt and expand its
services in such an environment; the company's ability to successfully refinance
or extend its line of credit or obtain alternative sources of financing; the
effective and efficient management of the company's inventory levels and
processing of sales orders; the quality of the company's plans and strategies;
and the company's ability to execute such plans and strategies.

In addition, forward-looking statements concerning the company's expected
revenue or earnings levels are subject to many additional uncertainties
applicable to competitors generally and to general economic conditions over
which the company has no control. The company does not plan to generally
publicly update prior forward-looking statements for unanticipated events or
otherwise and, accordingly, prior forward-looking statements should not be
considered to be "fresh" simply because the company has not made additional
comments on those forward-looking statements. See the risk factors set forth in
the company's Annual Report on Form 10-KSB for the fiscal year ended June 30,
2001.


                                      -9-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


PART II.  OTHER INFORMATION

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K.

A.       Exhibits.

         The following exhibits are filed as part of this report:

<TABLE>
<CAPTION>
Exhibit
Number                              Exhibit
------                              -------

<S>      <C>
2.1      Purchase and Sale Agreement dated March 14, 1997 for the sale of the
         majority of the company's assets and business to Casco Standards,
         Inc.(1)

2.2      Stock Purchase Agreement dated August 18, 1997 with Michael J.
         Blumenfeld.(2)

2.3      Agreement and Plan of Merger dated July 20, 1999 for the
         reincorporation of the company in Delaware.(3)

3.1      Articles of Incorporation of the company filed on December 15, 1998.(4)

3.2      Certificate of Merger of the company filed on July 20, 1999.(4)

3.3      By-Laws of the company.(4)

3.4      Certificate of Amendment to Certificate of Incorporation of the company
         filed on January 18, 2000.(5)

4.1      Specimen Certificate of Common Stock, $0.01, par value, of the
         company.(4)

4.2      Specimen Common Stock Purchase Warrant.(5)

10.1     Warrant Agency Agreement dated as of June 4, 1993 between the company
         and Continental Stock Transfer & Trust Company, as Warrant Agent.(6)

10.2     Form of Underwriter's Unit Purchase Warrant of the company.(7)

10.3     Form of Underwriter's Warrant of the company.(7)

10.4     1988 Stock Option Plan of the company.(8)

10.5     1994 Stock Option Plan of the company.(9)

10.6     Employee Restricted Stock Plan of the company.(10)

10.7     Lease dated July 1, 1997 between the company, as tenant, and
         Post-Valwood, Inc., as landlord.(11)

10.8     Exclusive Distribution Agreement dated February 24, 1998, between the
         company and Equipmart, Inc.(11)

</TABLE>




                                      -10-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


<TABLE>
<S>      <C>
10.9     Exclusive Distribution Agreement dated March 7, 1998, between the
         company and FunNets, Inc.(11)

10.10    Exclusive Distribution Agreement dated March 21, 1998, between the
         company and Pro Gym Equipment, Inc.(11)

10.11    Stock Acquisition Agreement dated April 14, 1998, between the company
         and Product Merchandising, Inc.(11)

10.12    Agreement and Plan of Merger dated May 31, 1998, between the company
         and Vantage Products International, Inc.(11)

10.13    1998 Collegiate Pacific Inc. Stock Option Plan.(3)

10.14    Credit Agreement, dated as of June 30, 1999, between The Chase Bank of
         Texas, N.A. and the company for a $2,000,000 line of credit, and
         related documents.(12)

10.15    Promissory Note dated March 31, 1999 from the company to Michael J.
         Blumenfeld in the principal amount of $1,082,648.75.(12)

10.16    Warrant Agreement dated as of May 26, 2000, between the company and
         Continental Stock Transfer & Trust Company, as Warrant Agent, with the
         form of Common Stock purchase warrant attached.(5)

10.17    Stock Purchase Agreement dated September 7, 2000, by and between the
         company and Michael J. Blumenfeld.(13)

10.18    Waiver and Second Amendment to Credit Agreement dated as of September
         7, 2000, by and between The Chase Bank of Texas, N.A. and the
         company.(14)

10.19    Assumed Notes Payable dated September 6, 2000 executed by the company
         payable to Michael Blumenfeld and Abe Blumenfeld in the stated
         aggregate principal amount of $581,000.(14)

10.20    Fourth Amendment to Credit Agreement dated as of January 16, 2001, by
         and between The Chase Bank of Texas, N.A. and the company.(15)

10.21    First Amendment to Stock Option Plan.(16)

10.22    Fifth Amendment to Credit Agreement dated as of October 31, 2001, by
         and between The Chase Bank of Texas, N.A. and the company.*
</TABLE>

----------------
*    Filed herewith

(1)  Previously filed as an exhibit to the company's Definitive Proxy Statement
     for its Annual Meeting held on June 16, 1997.

(2)  Previously filed as an exhibit to the company's Form 8-K/A filed on
     September 11, 1997.

(3)  Previously filed as an exhibit to the company's Definitive Proxy Statement
     for its Annual Meeting held on December 11, 1998.

(4)  Previously filed as an exhibit to the company's Form 8-A dated September 9,
     1999.



                                      -11-
<PAGE>

                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


(5)  Previously filed as an exhibit to the company's Registration Statement on
     Form SB-2 (No. 333-34294) dated April 7, 2000, as amended.

(6)  Previously filed as an exhibit to the company's Form 8-A dated June 28,
     1993.

(7)  Previously filed as an exhibit to the company's Current Report on Form 8-K
     filed on July 12, 1993.

(8)  Previously filed as an exhibit to the company's Registration Statement on
     Form S-1, File No. 33-19770-NY.

(9)  Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1994.

(10) Previously filed as an exhibit to a Post-Effective Amendment to the
     company's Registration Statement on Form S-1, File No. 33-19770-NY.

(11) Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1998.

(12) Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1999.

(13) Previously filed as an exhibit to the company's Report on Form 8-K filed on
     September 21, 2000.

(14) Previously filed as an exhibit to the company's Quarterly Report on Form
     10-QSB for the fiscal quarter ended September 30, 2000.

(15) Previously filed as an exhibit to the company's Quarterly Report on Form
     10-QSB for the fiscal quarter ended December 31, 2000.

(16) Previously filed as an exhibit to the company's Registration Statement on
     Form SB-2 (No. 333-34294)dated April 30, 2001.


B.       Reports on Form 8-K.

         None.



                                      -12-
<PAGE>


                    COLLEGIATE PACIFIC INC. AND SUBSIDIARIES


                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereto duly authorized.

                                    COLLEGIATE PACIFIC INC.



Dated: November 14, 2001            /s/ Michael J. Blumenfeld
                                    --------------------------------------------
                                    Michael J. Blumenfeld, Chairman and
                                    Chief Executive Officer


                                    /s/ William R. Estill
                                    --------------------------------------------
                                    William R. Estill, Chief Financial Officer
                                    (Principal Financial and Accounting Officer)




                                      -13-
<PAGE>

                                  EXHIBIT INDEX


<TABLE>
<CAPTION>
Exhibit
Number                              Exhibit
------                              -------

<S>      <C>
2.1      Purchase and Sale Agreement dated March 14, 1997 for the sale of the
         majority of the company's assets and business to Casco Standards,
         Inc.(1)

2.2      Stock Purchase Agreement dated August 18, 1997 with Michael J.
         Blumenfeld.(2)

2.3      Agreement and Plan of Merger dated July 20, 1999 for the
         reincorporation of the company in Delaware.(3)

3.1      Articles of Incorporation of the company filed on December 15, 1998.(4)

3.2      Certificate of Merger of the company filed on July 20, 1999.(4)

3.3      By-Laws of the company.(4)

3.4      Certificate of Amendment to Certificate of Incorporation of the company
         filed on January 18, 2000.(5)

4.1      Specimen Certificate of Common Stock, $0.01, par value, of the
         company.(4)

4.2      Specimen Common Stock Purchase Warrant.(5)

10.1     Warrant Agency Agreement dated as of June 4, 1993 between the company
         and Continental Stock Transfer & Trust Company, as Warrant Agent.(6)

10.2     Form of Underwriter's Unit Purchase Warrant of the company.(7)

10.3     Form of Underwriter's Warrant of the company.(7)

10.4     1988 Stock Option Plan of the company.(8)

10.5     1994 Stock Option Plan of the company.(9)

10.6     Employee Restricted Stock Plan of the company.(10)

10.7     Lease dated July 1, 1997 between the company, as tenant, and
         Post-Valwood, Inc., as landlord.(11)

10.8     Exclusive Distribution Agreement dated February 24, 1998, between the
         company and Equipmart, Inc.(11)

10.9     Exclusive Distribution Agreement dated March 7, 1998, between the
         company and FunNets, Inc.(11)

10.10    Exclusive Distribution Agreement dated March 21, 1998, between the
         company and Pro Gym Equipment, Inc.(11)
</TABLE>


<PAGE>

<TABLE>
<S>      <C>
10.11    Stock Acquisition Agreement dated April 14, 1998, between the company
         and Product Merchandising, Inc.(11)

10.12    Agreement and Plan of Merger dated May 31, 1998, between the company
         and Vantage Products International, Inc.(11)

10.13    1998 Collegiate Pacific Inc. Stock Option Plan.(3)

10.14    Credit Agreement, dated as of June 30, 1999, between The Chase Bank of
         Texas, N.A. and the company for a $2,000,000 line of credit, and
         related documents.(12)

10.15    Promissory Note dated March 31, 1999 from the company to Michael J.
         Blumenfeld in the principal amount of $1,082,648.75.(12)

10.16    Warrant Agreement dated as of May 26, 2000, between the company and
         Continental Stock Transfer & Trust Company, as Warrant Agent, with the
         form of Common Stock purchase warrant attached.(5)

10.17    Stock Purchase Agreement dated September 7, 2000, by and between the
         company and Michael J. Blumenfeld.(13)

10.18    Waiver and Second Amendment to Credit Agreement dated as of September
         7, 2000, by and between The Chase Bank of Texas, N.A. and the
         company.(14)

10.19    Assumed Notes Payable dated September 6, 2000 executed by the company
         payable to Michael Blumenfeld and Abe Blumenfeld in the stated
         aggregate principal amount of $581,000.(14)

10.20    Fourth Amendment to Credit Agreement dated as of January 16, 2001, by
         and between The Chase Bank of Texas, N.A. and the company.(15)

10.21    First Amendment to Stock Option Plan.(16).

10.22    Fifth Amendment to Credit Agreement dated as of October 31, 2001, by
         and between The Chase Bank of Texas, N.A. and the company.*
</TABLE>

----------------
*    Filed Herewith

(1)  Previously filed as an exhibit to the company's Definitive Proxy Statement
     for its Annual Meeting held on June 16, 1997.

(2)  Previously filed as an exhibit to the company's Form 8-K/A filed on
     September 11, 1997.

(3)  Previously filed as an exhibit to the company's Definitive Proxy Statement
     for its Annual Meeting held on December 11, 1998.

(4)  Previously filed as an exhibit to the company's Form 8-A dated September 9,
     1999.

(5)  Previously filed as an exhibit to the company's Registration Statement on
     Form SB-2 (No. 333-34294) dated April 7, 2000, as amended.

(6)  Previously filed as an exhibit to the company's Form 8-A dated June 28,
     1993.



<PAGE>

(7)  Previously filed as an exhibit to the company's Current Report on Form 8-K
     filed on July 12, 1993.

(8)  Previously filed as an exhibit to the company's Registration Statement on
     Form S-1, File No. 33-19770-NY.

(9)  Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1994.

(10) Previously filed as an exhibit to a Post-Effective Amendment to the
     company's Registration Statement on Form S-1, File No. 33-19770-NY.

(11) Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1998.

(12) Previously filed as an exhibit to the company's Annual Report on Form
     10-KSB for the fiscal year ended June 30, 1999.

(13) Previously filed as an exhibit to the company's Report on Form 8-K filed on
     September 21, 2000.

(14) Previously filed as an exhibit to the company's Quarterly Report on Form
     10-QSB for the fiscal quarter ended September 30, 2000.

(15) Previously filed as an exhibit to the company's Quarterly Report on Form
     10-QSB for the fiscal quarter ended December 31, 2000.

(16) Previously filed as an exhibit to the company's Registration Statement on
     Form SB-2 (No. 333-34294)dated April 30, 2001.