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Message
AAF reportedly needed emergency $250 million investment
Posted on 2/19/19 at 7:40 am
Posted on 2/19/19 at 7:40 am
LINK
quote:
The Athletic reports the AAF was forced to look for fresh investment last week to avoid the prospect of missing payroll. Carolina Hurricanes majority owner Tom Dundon stepped in to provide a $250 million commitment. Dundon will now be named the league's new chairman.
Posted on 2/19/19 at 7:46 am to FairhopeTider
Duh. It's garbage. Someone start another thread on how exciting it is though.
Posted on 2/19/19 at 7:49 am to FairhopeTider
Aaf and xfl should have joint venture to make a league.
Posted on 2/19/19 at 7:59 am to FairhopeTider
And Kaep wanted 20 million lol
Posted on 2/19/19 at 7:59 am to FairhopeTider
They're paying the players too much
Posted on 2/19/19 at 8:07 am to FairhopeTider
I walked in there fully prepared to sign a $250 million check
Posted on 2/19/19 at 8:07 am to FairhopeTider
quote:
avoid the prospect of missing payroll.
quote:
$250 million commitment
What is it? Week 2?
Mmm that's a good sign.
Posted on 2/19/19 at 8:10 am to TH03
quote:
I walked in there fully prepared to sign a $250 million check
Are you saying they needed some relief?
Posted on 2/19/19 at 8:10 am to danfraz
quote:
What is it? Week 2?
Mmm that's a good sign
That's a hell of a shortfall in Week 2. Also can't believe someone would sink $250 million into it on the heels of that news.
Posted on 2/19/19 at 8:11 am to FairhopeTider
quote:
That's a hell of a shortfall in Week 2. Also can't believe someone would sink $250 million into it on the heels of that news.
Rovell (I know), said that he basically owns the league now
Posted on 2/19/19 at 8:11 am to FairhopeTider
roundtable guys were wondering if they would even finish the season. seemed like they had everything working well. too bad.
Posted on 2/19/19 at 8:12 am to FairhopeTider
lol i thought dundon and the fyre festival cock socker were the same dude for a second
This post was edited on 2/19/19 at 8:13 am
Posted on 2/19/19 at 8:18 am to htran90
quote:
Aaf and xfl should have joint venture to make a league.
Basically like two conferences. Make 5 team division. O would watch that.
Posted on 2/19/19 at 8:18 am to FairhopeTider
@darrenrovell
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The AAF missed payroll in Week 1. They told agents that it was a glitch with switching to a new administrator. They told players would be paid by today the latest.
this is really bad.
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The AAF missed payroll in Week 1. They told agents that it was a glitch with switching to a new administrator. They told players would be paid by today the latest.
this is really bad.
Posted on 2/19/19 at 8:19 am to FairhopeTider
quote:
That's a hell of a shortfall in Week 2. Also can't believe someone would sink $250 million into it on the heels of that news.
They had to know they were going to lose money for the first couple of years minimum right?
They knew they wouldnt have positive cash flow right off the bat right?
Right?
Posted on 2/19/19 at 8:19 am to FairhopeTider
Wait a sec, you mean to tell me they didnt have the cash available to at least get through the seaason??
WTF?
WTF?
Posted on 2/19/19 at 8:20 am to 1999
quote:
The AAF missed payroll in Week 1. They told agents that it was a glitch with switching to a new administrator. They told players would be paid by today the latest.
Holy shite
Posted on 2/19/19 at 8:20 am to wildtigercat93
Few will get it but that's a great response
Posted on 2/19/19 at 8:20 am to 1999
Don't worry, super nerd Darren rovell is all over it.
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