The Alliance of American Football league has made some waves amongst football fans in their first 2 weeks of existence. Unfortunately it appears they haven’t made much money.
A source close to the league told The Athletic that the league needed a $250 million dollar investment in order to make a scheduled payment last Friday.
Enter Carolina Hurricanes owner Tom Dundon.
Dundon’s investment helps keep the league open and comes with a new title for Dundon, League Chairman.
This is concerning for a new league to be in financial trouble this early on, but it appears this is the last financial hurdle the league needed to get past. For now the lights are staying on and fans of football can continue embracing this new league.
Stay tuned for further developments on this story!