SALT LAKE CITY — The Alliance of American Football is suspending all football operations, according to multiple reports, including Pro Football Talk.8 comments on this story
Carolina Hurricanes owner Tom Dundon, who announced his investment of $250 million in February, is pulling his funding, according to The Action Network's Darren Rovell. His total loss would be $70 million. League co-founders Charlie Ebersol and Bill Polian disagree with Dundon's decision, but without his investment the league cannot continue.
That means the eight-team league, including Utah's franchise, the Salt Lake Stallions, will not finish out their inaugural season. The Stallions (3-5) had two games left in the regular season and were still in contention for a playoff spot.
The league, like Major League Soccer, owns all the player contracts.