According to Darren Rovell, the Alliance of American Football will suspend football operations later today.
In mid-February, businessman and owner of the Carolina Hurricanes, Tom Dundon, committed $250 million towards the league. Dundon’s investment helped fund the league’s payroll demands for the remainder of the season.
However, Charlie Ebersol and Bill Polian, AAF co-founders, were in a disagreement with Dundon on how to operate the league. Polian and Eberson wanted the league to be better established over the next three years rather than the league becoming a minor league system for NFL teams. Dundon, on the other hand, wanted the AAF to become the NFL’s minor league as soon as possible.
Unfortunately, the most recent NFL collective bargaining agreement forbade such from happening.
There are two weeks remaining in the regular season for AAF teams and four weeks until what would be the Championship game, which was scheduled to broadcast on CBS.
Story will be updated as more news develops.