The Alliance of American Football (AAF) was sold to Carolina Hurricanes owner Tom Dundon for $250 million after the completion of the first week of the season. This was first reported by Action Network’s Darren Rovell.
Rovell also reported that the AAF failed to make payroll after the first week of the season, which likely forced them to sell.
The AAF has now completed two weeks of football. The first week of the season produced good ratings. It was scheduled for primetime on Saturday and outdrew the NBA, as the league had a projected 2.9 million viewers.
Ratings have reportedly dropped since the opening night, but that was expected as the opening night games were nationally televised on CBS.
Dundon is a chairman and managing partner of Dundon Partners in Dallas, Texas along with being the Hurricanes owner.
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