Report: AAF to suspend football operations
The Alliance of American Football is reportedly suspending football operations today, following the completion of week 8 of the league’s inaugural 10-week season.
That’s according to a tweet from The Action Network’s Darren Rovell, who claims that a source has told him controlling investor Tom Dundon is pulling the plug against the wishes of league co-founders Charlie Ebersol and Bill Polian.
Rovell reports that Dundon will lose approximately $70 million on his investment in the league, which was originally touted as a $250 million infusion of capital following the second week of games.
The league’s eight teams were scheduled to play 2 additional weeks of regular season games, followed by a pair of playoff games and a championship that was set for April 27.