Carolina Hurricanes owner Tom Dundon is investing $250 million in the Alliance of American Football.
Dundon also will serve as chairman of the fledgling eight-team league that began play on Feb. 9. His involvement came together in a matter of days last week, according to Dundon and Alliance co-founder Charlie Ebersol, though Dundon had been monitoring the AAF’s development and debut.
Ebersol dismissed reports Tuesday that the Alliance was getting a financial bailout from Dundon.
“This has been an extraordinary undertaking for us,” said Ebersol, who less than a year ago partnered with Pro Football Hall of Fame executive Bill Polian to create the Alliance.