Jim Tousignant at Ultimate Resort sweetened his bid by $2 million to buy the assets of the bankrupt Tanner and Haley for $100 million and received the approval of the federal bankruptcy court late on Wednesday night. More here from the Journal, if you have a subscription.

That means of course, that the hail mary bid from Preeminent Global Experience LP., a firm owned by J. Joe Ricketts, the billionaire founder and Chairman of TD Ameritrade – and new ultra-luxury club Ciel – went incomplete.

Presumably Ricketts and Ciel President Jonathan Harding will now return their focus to building the membership of their new club.

If you have a couple of minutes, watch the video below – Doug Flutie, Boston College, and the greatest Hail Mary of all time.

For Ultimate Resort, assuming the transaction closes on time on Dec. 19th, the acquisition dramatically expands their destination club. The original Ultimte Resort plan is now enhanced with new homes (those that were in the Tanner & Haley Private Retreats club) and a new Elite plan that includes homes that used to be in the Tanner & Haley Distinctive Retreats plan.

We will talk to Tousignant, the founder and CEO of Ultimate Resort, later today. As we get pricing information on the new membership plans, we will post them here.