While the future once appeared bright for the Alliance of American Football, the realities of the recent investment from Tom Dundon became starkly apparent after it emerged that the majority owner had decided to suspend operations just eight weeks into the inaugural season.
Sources: The AAF will suspend all football operations today. New owner Tom Dundon will lose approximately $70 million on his investment. Dundon makes decision against wishes of league co-founders Charlie Ebersol and Bill Polian.
— Darren Rovell (@darrenrovell) April 2, 2019
Initially hailed as the savior of the AAF when it was reported he had invested $250 million into the league just a few months ago, Dundon opted to pull the plug when it became clear that he would not be getting the immediate cooperation from the NFLPA that he was looking for.