AAF confirms end of operations, bankruptcy

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The Alliance of American Football officially has pulled the plug on the league, for good.

The AAF announced that a bankruptcy petition was filed today in federal court in Texas.

“We are deeply disappointed to be taking this action,” the league said in a statement. “The AAF was created to be a dynamic, developmental professional football league powered by an unprecedented alliance between players, fans and the game.  The AAF strove to create new opportunities for talented players, coaches, executives and officials while providing an exciting experience for fans. We are proud of the fact that our teams and players delivered on that goal.

“We thank our players, coaches and employees for their commitment to the game of football and to this venture. Our fans believed in the AAF from the beginning, and we thank them for their support. We are hopeful that our players, coaches and others will find opportunities to pursue their football dreams in the future.

‘The AAF is committed to ensuring that our bankruptcy proceeds in an efficient and orderly manner. Pursuant to the bankruptcy laws, a trustee will be empowered to resolve all matters related to the AAF’s remaining assets and liabilities, including ongoing matters related to player contracts.”

That last part is a reference to the reported refusal of the AAF to release the players for potential employment in the CFL, even though all players were released for NFL opportunities. Apparently, the bankruptcy trustee will try to sell those contracts to the CFL before cutting the players loose.

27 responses to “AAF confirms end of operations, bankruptcy

  1. You can’t say “the AAF strove to create new opportunities for talented players” and “We are hopeful that our players…will find opportunities to pursue their football dreams in the future” but then refuse to release players for potential employment in the CFL. The league really seemed to be lacking a directional north start for their business strategy – amongst other things.

  2. Hard to believe there wasn’t some deception in play here, right from the very start. Someone should be going to jail.

  3. Just think of the possibilities if they’d spend at least $10 bucks on marketing the AAF.

  4. We all think the (defunct) league trying to sell the contracts that players have to a solvent one is disgusting, right?

  5. Well vanmorrissey… The XFL I say has more money up front in order to last one full season.

    The AAF never did and fully failed.

  6. Where did the AAF go wrong? I get the whole not enough money thing, but what kind of money does it really take a league to start up? I think the TV deal should have been a huge shot in the arm to making it work. I’d really like to understand there numbers behind the failure.

    Is the XFL going to make it? Or has it become so expensive to do it that unless it is an NFL-backed “minor league” it will never happen?

  7. This was a great business model from the start. So surprising it wasn’t sustainable….

    Ponzi Schemes

  8. I believed in what Ebersol was selling. The idea seemed good. Too good to be true I suppose. Was hoping for its success and the opportunities that were presented. I was wrong. Oh well back to being cynical. Lol

  9. How are those contracts available to sell if the league isn’t honoring them?

  10. I just don’t know why they can’t get one of these secondary leagues going. It’s supposed to be the top 1% of NCAA players in the NFL, right? So wouldn’t having a league with the 97th-98th percentile guys logically be a better product than college football? Yet it isn’t. I just don’t understand it, fails every time.

  11. A bit off topic here but omegalh: I’m a CFL fan in Canada and as we speak the players are refusing to report to training camp because a) the league has refused to pay the off-season bonuses they are due and unilaterally cancelled CBA negotiations for the rest of the month as a pressure tactic during collective bargaining.

    So yes the CFL hasn’t engaged in THIS level of deception — the AAF is sort of epic-level and maybe criminal fraud — but they aren’t angels either.

  12. From top to bottom and start to finish, this sounds like a Donald Dump run business right up to the bankruptcy and leave everyone else holding the bag cherry on top…..

  13. Last time I checked the CFL had precisely 207 roster spots open to American players and these were mostly filled by veterans who have established themselves to the point they never gave the AAF a second thought. So, basically, Randy Ambrosie is in a position to utter the phrase “suck it” the moment the AAF trustee calls him to tender an offer for the “sale” of these allegedly-still-in-force contracts. Of course, you also have the XFL in the running and they’re not so much in a position to just leave AAF’ers on the shelf en masse, nevertheless Vince McMahon has never been one to shy away from litigation whether he’s in the right or in the wrong.

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