Business

Alliance Of American Football, A Would-Be NFL Rival, Suspends Operations

Alliance of American Footbal

The Alliance of American Football, an off-season upstart looking to offer an alternative (and maybe one day a challenge) to the NFL has suspended operations after just eight weeks of games.

Bill Polian, a former NFL GM who co-founded the AAF with Charlie Ebersol, said the new leagues chief investor, Tom Dundon, had decided to pull the plug for a range of reasons. CBS, the NFL Network and Turner Sports B/R Live streaming service had carried games since the league opened its doors in February, but ratings had been soft and the AAF faced a host of other operational issues.

Dundon, who owns the NHLs Carolina Hurricanes, pledged to inject $250 million into the new venture but decided the NFL Players Associations reluctance to allow its members to practice with AAF teams was a dealbeaker. Attracting talent was destined to be the tallest hurdle for the new league, just as it has been for past attempts to disrupt the NFL.

“I am extremely disappointed to learn Tom Dundon has decided to suspend all football operations of the Alliance of American Football,” Polian said in a statement. “When Mr. Dundon took over, it was the belief of my co-founder, Charlie Ebersol, and myself that we would finish the season, pay our creditors, and make the necessary adjustments to move forward in a manner that made economic sense for all.

“The momentum generated by our players, coaches and football staff had us well positioned for future success. Regrettably, we will not have that opportunity.”

One of the leagues most notable players, Johnny Manziel (aka Johnny Football) offered some sage advice to his fellow players. (And the last thing that Johnny Football is known for is sage advice.) Here are his tweets:

If youre 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 Read More – Source

[contf]
[contfnew]

Deadline

[contfnewc]
[contfnewc]

Related Articles

Business

Pressed by COVID-19 and low oil prices, Nigeria slips into recession

africanews– Nigeria, Africa’s biggest economy, entered recession for the second time in...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

EU Reeling From Yellow Vest Protests. What Happens if There Is a Debt Crisis?

There is a lot of talk about which economic bubble will burst...

Business

Till Trump do they part: Top tech firms cut ties with Huawei following US trade blacklisting

Last week, US President Donald Trump signed an executive order aimed at...