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re: AAF reportedly needed emergency $250 million investment

Posted on 2/19/19 at 9:35 am to
Posted by Arksulli
Fayetteville
Member since Aug 2014
25151 posts
Posted on 2/19/19 at 9:35 am to
I always try to invest a ton of money in something that went broke its first week in business.
Posted by FairhopeTider
Fairhope, Alabama
Member since May 2012
20749 posts
Posted on 2/19/19 at 9:43 am to
But let's be real here. In order to start a league, you have to have a ton of capital. You have rosters, equipment, staff, advertising, insurance, etc. That's a lot of front end cost for a product that has a history of failing and everyone already recognizes as second rate.

One thing is certain with new businesses, you can have a great plan but you'll encounter more headwinds than you think so if you don't have your shite together early on, especially financially, you're probably screwed. Sure, it takes most businesses 2 years or so to get their feet under them, but if you're cutting corners and throwing good money after bad, you're basically delaying the inevitable.
This post was edited on 2/19/19 at 9:45 am
Posted by ZIGG
Member since Dec 2016
10092 posts
Posted on 2/19/19 at 9:44 am to
At least Vince McMahon has already set aside what? $150 million in cash to fund the first season.

How do you miss payroll on week 1?! That’s pathetic planning.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48858 posts
Posted on 2/19/19 at 9:46 am to
nice knowing you AAF
Posted by Kenny Wu
Member since Feb 2014
494 posts
Posted on 2/19/19 at 9:47 am to
quote:

(They should totally trade that 1st round draft pick to Detroit for Jimmy Howard)

Please let this happen! (Coming from a Red Wings fan)
Posted by jefforize
Member since Feb 2008
44072 posts
Posted on 2/19/19 at 9:49 am to
they already have Petr Mrázek


Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 2/19/19 at 9:51 am to
quote:

they already have Petr Mrázek


Why keep Mrazek when you can have the real thing?

I think they signed Mrazek as a UFA. Detroit did get some picks from Philly for Mrazek.
This post was edited on 2/19/19 at 9:53 am
Posted by wildtigercat93
Member since Jul 2011
112166 posts
Posted on 2/19/19 at 9:54 am to
quote:

At least Vince McMahon has already set aside what? $150 million in cash to fund the first season.


Sounds like he may have underestimated the cash flow he will need in that first season
Posted by stapuffmarshy
lower 9
Member since Apr 2010
17507 posts
Posted on 2/19/19 at 9:54 am to
quote:

We followed it up this weekend with hands down the worst loss in the history of the franchise. Just such a brutal gut punch.



It's crippled the franchise. Just crippled. Two weeks in and it's over.









Posted by PEPE
Member since Jun 2018
8198 posts
Posted on 2/19/19 at 9:54 am to
One thing alot of people don't grasp is that all the major pro sports leagues of today started out incredibly small and dumpy for many years, and slowly over time built up into what they are.

These new leagues seem to always try to jump in whole hog and be fully established, fully functional legit leagues from the get go. But there's no organic base to support it.
This post was edited on 2/19/19 at 10:06 am
Posted by FairhopeTider
Fairhope, Alabama
Member since May 2012
20749 posts
Posted on 2/19/19 at 9:59 am to
quote:

One thing alot if people don't grasp is that all the major project sports leagues of today started out incredibly small and dumpy for many years, and slowly over time built up into what they are.

These new leagues seem to always try to jump in whole hog and be fully established, fully functional legit leagues from the get go. But there's no organic base to support it


Bingo.
Posted by stapuffmarshy
lower 9
Member since Apr 2010
17507 posts
Posted on 2/19/19 at 10:02 am to
They would be better off starting this thing like a fair. Build two/four teams and go barnstorming. Screw city names. Tour the country in off NFL times to build some sort of base. Something other than what the other failures have tried.

But nope. Fwiw, the product is mediocre and not something I need in my life. There are hundreds of other, yes non sporting options to get into.

Be the football globetrotters or something but THIS was not going to work from jump.

Posted by CBandits82
Lurker since May 2008
Member since May 2012
53967 posts
Posted on 2/19/19 at 10:06 am to
Looks like they were struggling in little areas and were hoping for a major investor to just jump in an commit and it looks like they got their guy.

Ratings have been good, I hope she stays alive.

Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42012 posts
Posted on 2/19/19 at 10:09 am to
There is one way to save the AAF (if it truly is at a life and death crossroads), and no one will like it:


It gets purchased by the National Football League and is converted into the official minor league of the NFL.
This post was edited on 2/19/19 at 10:10 am
Posted by Wayne Campbell
Aurora, IL
Member since Oct 2011
6355 posts
Posted on 2/19/19 at 10:11 am to
quote:

AAF reportedly needed emergency $250 million investment



Making the NFL sweat.
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 2/19/19 at 10:26 am to
quote:

One thing alot of people don't grasp is that all the major pro sports leagues of today started out incredibly small and dumpy for many years, and slowly over time built up into what they are.

These new leagues seem to always try to jump in whole hog and be fully established, fully functional legit leagues from the get go. But there's no organic base to support it.


Well said.
Posted by jefforize
Member since Feb 2008
44072 posts
Posted on 2/19/19 at 10:40 am to
Posted by Hamma1122
Member since Sep 2016
19771 posts
Posted on 2/19/19 at 10:45 am to
I love football but after 6 straight months of football I need a break from it
Posted by TbirdSpur2010
ALAMO CITY
Member since Dec 2010
134026 posts
Posted on 2/19/19 at 10:47 am to
Posted by Ed Osteen
Member since Oct 2007
57415 posts
Posted on 2/19/19 at 10:49 am to
quote:

Carolina Hurricanes majority owner Tom Dundon stepped in to provide a $250 million commitment.


That seems a little careless but hey, what do I know
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