A story that popped up this morning online claims that the AAF was "saved" by NHL owner Tom Dundon. David Glenn of the Carolina wing of the Athletic reported the following:
Carolina Hurricanes owner Tom Dundon into the Alliance of American Football last week in order to save the upstart operation from imploding after only one week.
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.
It doesn't sound good, admittedly, and if you're an alarmist or a pessimist, there is enough there to take a bite out of. My view on this story is this:
The overreaction to this bailout story is ridiculous. This is a league that's paying its players a real salary, pays its staff a real salary, offers health benefits to all of its employees and players. They dumped a ton of money into promotion...
OF COURSE they are cash strapped to a degree. It's a start up business, what start up business is flushed with cash flow and revenue? That's not how it works. They just had a multi-millionaire dump 250 mill into their product...not a time to be alarmed.
More on this story coming up this afternoon @ 3pm on In the Zone!