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AAF League Ran Out Of Money After Week 1, Needed $250 Million To Make Week 2 Happen
by Larry Leo
February 19, 201910 Comments
© Orlando Ramirez-USA TODAY Sports
After one week of the Alliance of American Football, the league needed $250 million to continue. That's when NHL owner of the Carolina Hurricanes Tom Dundon stepped in and gave them the cash, saving it from imploding a week in.
quote:
Absent the nine-figure infusion, the AAF may have missed payroll last Friday.
And there were indeed payroll issues. An agent who represents multiple AAF players alerted PFT on Friday that some paychecks weren’t received. The AAF attributed the delay to an administrative glitch.
Dundon, per the report, will be introduced as the league’s new chairman. It’s unclear when that will occur.
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