AAF files for Chapter 7 Bankruptcy

The Alliance of American Football is officially done after 8 weeks. Tom Dundon saved the league by injected $250 million into the AAF. It now looks Tom has pulled his funds and the AAF will need to file for Bankruptcy.

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According to the bankruptcy filing, the Alliance of American Football league is claiming to have $11.3 million and liabilities of $48.3 million. They also claim to only have $536,160.68 in cash on hand.

I hope the XFL is taking notes. This can very well be the XFL next year when they relaunch their league.

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