Alliance football league ends first season early
The Alliance of American Football ended its first season after eight games and told most employees they will be terminated as of Wednesday. Employees were notified of the decision in a letter from the AAF board Tuesday. The board essentially is majority owner Tom Dundon, the NHL’s Carolina Hurricanes owner who invested at least $250 million in the AAF.
The letter, obtained by the Associated Press, said a small staff would remain to seek new investment capital and “restructure our business.” The letter said employees would be paid through Wednesday.