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The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Tue Feb 19, 2019 7:42 am
by NeverSurrender
These fucks couldn't make payroll for week 1. Even though they've claimed to have plenty of money.
https://www.si.com/nfl/2019/02/19/aaf-m ... investment
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Tue Apr 02, 2019 1:02 pm
by Tenacious_Dio
Report: Alliance of American Football to Suspend Operations Just Eight Weeks After Start
The Alliance of American Football will suspend football operations on Tuesday, reports ProFootballTalk. The league is just eight weeks into its inaugural season.
SI's Albert Breer reported AAF team officials have a conference call with the league office at 1 p.m. ET. Breer reported there's a perception inside the league that AAF majority owner Tom Dundon bought a stake in the league for the gambling app being developed with one source saying, "Dundon got the technology he wanted and he's now minus one rather large headache." SI's Conor Orr reported league heads were stunned and still working on a solution.
According to ProFootballTalk, the league is not folding yet but it is heading that way.
Dundon told USA Today last week that the league was in jeopardy of folding if it wasn't able to use young NFL talent in its second season. He said the NFL Players Association is not cooperating with the league and said if the union wouldn't cooperate, the AAF "can't be a development league." The league was intended to be a feeder system for the NFL. Breer added that the NFLPA had consistent dialogue with the AAF over the last few weeks, and was surprised that Dundon went public with his plea for their help.
Dundon invested $250 million in the AAF in February. According to ActionNetworkHQ's Darren Rovell, Dundon will lose approximately $70 million on his investment and he made the decision against the wishes of league co-founders Charlie Ebersol and Bill Polian.
The AAF is in Week 9 of its 10-week regular season. The Orlando Apollos lead the East Division at 6–1, while the San Antonio Commanders lead the West at 5–2. The AAF has eight teams in Atlanta, Birmingham, Memphis, Orlando, Salt Lake City, San Antonio, San Diego and Tempe.
A second upstart league, the relaunch of WWE billionaire Vince McMahon's XFL, is set to launch in February 2020 with games the weekend after the Super Bowl. The XFL will feature eight teams (seven of which are in NFL markets) that will play a 10-week schedule. McMahon recently sold $272 million in WWE stocks to help fund the XFL.
https://www.si.com/nfl/2019/04/02/allia ... operations
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Wed Apr 03, 2019 3:05 am
by FullDJacket
I recently read an article that said that CBS and TNT added more games to their schedule due to strong ratings. It doesn't make sense to bankrupt the league if it's doing well
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Wed Apr 03, 2019 2:35 pm
by UtahRatt
He was looking to make money off the gambling application not the league so he pulled the plug it what it sounds like.
You can't start a new league and expect success the first year, business can't do that shit even if it was more about the betting app....Suspending operations before the first season ends means he didn't do the math and crying about being in the hole is nothing. 70m down in an upstart should have been expected, he wasn't looking at the long run it blows me away because it had so much potential. Watched Birmingham last weekend and it was good, over all I seen 4 games, not sure how ticket sales or rantings was but they needed a 3 season drafting board going into this league at least.
The best thing to come out of this so far was Johnny Ball Game! 3 for 4 an INT and Knocked Out?
Johnny Manziel
(@JManziel2)
If you’re an AAF player and the league does dissolve. The last check you got will be the last one that you get. No lawsuit or anything else will get you your bread. Save your money and keep your head up. It’s the only choice at this point unless something drastic happens.
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Personally I enjoyed the league, there's an abundance of position players like WR and such, seen some mad defense play....Trent Richardson still can't hold onto a ball but to watch decent talent play their hearts out like mad dogs is something you no longer see in the NFL.
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Thu Apr 04, 2019 9:40 am
by ParaDime77
He got cocky and tried to leverage the NFL into a feeder league and lost. Sounds like the group is trying to potentially regroup the league with new investors. What a cluster.
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Fri Apr 05, 2019 10:36 am
by NeverSurrender
Looks like the original investor was a man named Reggie Fowler and he screwed them.
These idiots went into this league with enough money for 1 or 2 weeks of football.
https://www.barstoolsports.com/boston/b ... on-the-aaf
Re: The AAF sold to the Carolina Hurricanes' owner, Tom Dundon for 250 million..
Posted: Sun Apr 14, 2019 4:19 pm
by Blizzard of Cos
The league was created and destroyed on purpose by NFL affiliated management to make the impression on the public that "yet again a football league fails, just like it always does. Yep, only the NFL works"
Why would the NFL and affiliates " burn through" a couple hundred million? Drop in the bucket to hundreds of billions.
Why now would they do this league this year? Well, next year Vince McMahon tries again with XFL and maybe the NFL wants people to think (see point #1)