This may come as a shock, but it’s an expensive enterprise to run a sports league. That is especially so when the league itself is the owner of all of the teams, as is the case with the Alliance of American Football. In spite of the fact that there are some big names involved, such as Bill Polian and Charlie Ebersol, they need investors to make this happen.
As we brought to you last week, they are at a critical point right now. After they lost one of their chief investors, they were able to find Tom Dundon, who described his investment as of long-term interest—but with a caveat.