Carolina Hurricanes owner Tom Dundon invests $250 million in AAF

20 Février, 2019, 02:43 | Auteur: Adelaide Bullion
  • Getty									Former NFL QB Christian Hackenberg is the quarterback for the Birmingham Iron

"Players were never in danger of not getting paid", a league spokeswoman told Bloomberg News in response to that story.

"Without a new, nine-figure investor, nobody is sure what would have happened", a source with knowledge of the situation told The Athletic.

The Alliance of American Football has a new, big-money backer. "You can always tell people their checks are going to be a little late, but how many are going to show up on the weekend for games when they don't see anything hit their bank accounts on Friday?" However, a report from The Athletic says the league has actually been running short on cash and risked not being able to pay its players.

That investment, $250 million came from Tom Dundon, the owner of the NHL's Carolina Hurricanes. It didn't provide additional details on the terms.

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The AAF has enjoyed strong TV ratings.

We've reached the second weekend of the Alliance of American Football, a league that has given hardcore football fans an alternative now that the NFL season is over - and the football was mostly entertaining in the first week.

Per Statista, the NFL's revenue has grown from $4.28 billion in 2001 to $13.8 billion in 2017. As Jeff Pearlman/The Washington Post explained, owners in the USFL and World Football League didn't have as much money as they acted like they did - some WFL teams ran out of cash before the first season was over. With several former Louisville football players already on rosters for the Atlanta Legends and Memphis Express, the league has my interest even more. It would be a needless shame if it were to close down, and the larger league should take an operating interest to prevent that from happening.



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