Alliance of American Football officially out of business, files for bankruptcy
SAN ANTONIO (AP) — The Alliance of American Football is officially out of business.
The eight-team league, which included Utah’s franchise, the Salt Lake Stallions, that folded after eight games of its initial season ceased all business operations and filed for bankruptcy Wednesday.
“The AAF is committed to ensuring that our bankruptcy proceeds in an efficient and orderly manner,” the league said in a statement. “Pursuant to the bankruptcy laws, a trustee will be empowered to resolve all matters related to the AAF’s remaining assets and liabilities, including ongoing matters related to player contracts.”
Founded by Pro Football Hall of Fame executive Bill Polian and TV/film producer Charlie Ebersol, the AAF was hoping to become a developmental league.
However, a few weeks after Carolina Hurricanes owner Tom Dundon became the Alliance’s majority owner, he shut it down, citing an inability to reach agreement with the NFL players’ union on the availability of players.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Today’s Top Stories
- Officer-involved shooting causes delays on I-15 in Davis County
- Utah County man pleads guilty to death of West Jordan teenager
- Man arrested in relation to Provo Towne Center Mall bomb threat
- Be Ready Utah: What you need in your emergency winter car kit
- The DWR to update management of black bears
- Genealogy research now tax deductible for members of The Church of Jesus Christ of Latter-day Saints
- Bingham High students build intricate gingerbread cathedral
- Christine McVie of Fleetwood Mac dead at 79
- Vail Resorts facing million dollar lawsuit after a Utah bowling alley incident
- Church announces locations for six previously announced temples