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AAF in serious danger of folding. UPDATE: AAF Suspends ALL Operations!


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49 minutes ago, plenzmd1 said:

Well, he’s about $70m in , not the $250m he pledged. Speculation was he wanted the gambling app technology they were building, and wanted it now,  was willing to pay the $70M to get it

 

...state by state sports gambling is a slow roll out process.... PA is .brutal....our company had to get licensed by PA Gaming Commission to do construction work in the casinos.....$12,000 application fee...had to go through TWO NYS Police and PA State Police background checks, fingerprinting, FBI background check and a one hour "face to face" interview with examiners as well as providing personal financial statement, etc.....NYS has nothing like that....not sure about other states......any company wanting to enter the sports gambling business in PA has to submit to these rigors......examiners are flying to Europe because companies there want entry into PA sports gaming market.....

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32 minutes ago, MAJBobby said:

Different Sports.  

 

Not as much players on a Basketball court.

 

So a top flight NO 1 HS football recruit let say gets offered 1M a year to play in XFL while he waits for his three years removed from HS stuff.  HMMMM yeah they will go get that money.  Now lets say this new league has 10 teams to start and has a roster size of 53.  That is 530 PAID slots.  Now start looking at the top 100 HS Football recruits, say 30% jump to paid league year one (and grows).  Yeah that is a hell of a talent drop for the play for Free NCAA.  Dont transfer and dont sneeze you might get a NCAA Violation league

Won’t happen though, because the NCAA will just adjust if this ever happened. They’d start paying players or doing whatever was necessary. They have tons of money and power. No startup league could ever possibly compete with their might. 

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6 minutes ago, Kirby Jackson said:

Won’t happen though, because the NCAA will just adjust if this ever happened. They’d start paying players or doing whatever was necessary. They have tons of money and power. No startup league could ever possibly compete with their might. 

 

Then maybe the XFL should do exactly that. Shift the paradigm and see what happens to NCAA having to compete with actually paying their 110 player rosters a Salary. 

 

Lets see see if the NCAA and their Billion Dollar Schools want to open that door to paying football Players and see how that affects other sports. Not to mention the free movement without sitting a year. 

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....lesson NOT learned??.........

WWE's Vince McMahon sells $272M in stock to fund XFL

By Thomas BarrabiPublished March 29, 2019SportsFOXBusiness

 

WWE chairman Opens a New Window. Vince McMahon sold shares of the wrestling company worth roughly $272 million to help fund the XFL’s relaunch Opens a New Window. in 2021, the company disclosed in an SEC filing on Friday.

 

McMahon sold more than 3.2 million shares of WWE’s Class A common stock at a price of $84.87 each. Proceeds from the stock sale will be used to fund initiatives for Alpha Entertainment, a McMahon-led offshoot that serves as XFL’s parent company.

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10 minutes ago, OldTimeAFLGuy said:

....lesson NOT learned??.........

WWE's Vince McMahon sells $272M in stock to fund XFL

By Thomas BarrabiPublished March 29, 2019SportsFOXBusiness

 

WWE chairman Opens a New Window. Vince McMahon sold shares of the wrestling company worth roughly $272 million to help fund the XFL’s relaunch Opens a New Window. in 2021, the company disclosed in an SEC filing on Friday.

 

McMahon sold more than 3.2 million shares of WWE’s Class A common stock at a price of $84.87 each. Proceeds from the stock sale will be used to fund initiatives for Alpha Entertainment, a McMahon-led offshoot that serves as XFL’s parent company.

 

I think Vince as said he would allow kids right out of HS to play. If so he won’t be needing NFLPA to allow younger NFL athletes to play for them like the AAF did. Yep he did. 

 

https://www.google.com/amp/s/amp.si.com/nfl/2019/01/08/xfl-eligibility-rules-nfl-restrctions-age-college-football-draft

Edited by MAJBobby
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3 minutes ago, MAJBobby said:

 

I think Vince as said he would allow kids right out of HS to play. If so he won’t be needing NFLPA to allow younger NFL athletes to play for them like the AAF did. Yep he did. 

 

https://www.google.com/amp/s/amp.si.com/nfl/2019/01/08/xfl-eligibility-rules-nfl-restrctions-age-college-football-draft

 

 

...hardly the key to league success.....if (and I'm NOT saying it) the AAF opinion is that you're watching practice guard type or less players and they're folding the tent, HS players won't draw flies..........

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15 minutes ago, OldTimeAFLGuy said:

 

 

...hardly the key to league success.....if (and I'm NOT saying it) the AAF opinion is that you're watching practice guard type or less players and they're folding the tent, HS players won't draw flies..........

 

So access to Clemson’s Phenom Fosh QB? AP as a Frost isn’t going to help the XFL?  That is laughable. 

 

AAF Hurt themselves with their Business Model of following the NFLPA and NFL recruitment rules I’m hoping for NFL buy in and why they started the league early trying to strike first. A miscalculation 

Edited by MAJBobby
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5 minutes ago, MAJBobby said:

 

So access to Clemson’s Phenom Fosh QB? AP as a Frost isn’t going to help the XFL?  That is laughable 

 

 

yup...pony up $262 mil because of ONE player?.......seriously?.....THAT is laughable...thank God you're not MY financial advisor......SMH..........

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4 minutes ago, OldTimeAFLGuy said:

 

 

yup...pony up $262 mil because of ONE player?.......seriously?.....THAT is laughable...thank God you're not MY financial advisor......SMH..........

 

Ooo no he is using his money to fund his venture. Unthinkable. Guess he could be like theses Billionaire NFL Owners and use Taxpayers 

Edited by MAJBobby
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57 minutes ago, MAJBobby said:

 

Then maybe the XFL should do exactly that. Shift the paradigm and see what happens to NCAA having to compete with actually paying their 110 player rosters a Salary. 

 

Lets see see if the NCAA and their Billion Dollar Schools want to open that door to paying football Players and see how that affects other sports. Not to mention the free movement without sitting a year. 

Yeah, it certainly may negatively impact other sports but so be it. Football is the cash cow. Big 10 schools are getting $52M a piece, per year for the TV deal. The history and wealth of college football programs will never be competed with. The alumni and the TV networks will never allow that to happen. 

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I am truly astounded at the fact that they did not have enough cash flow for at least one season. They had controlled cost from top to bottom at least for this year. I though was shocked when i saw the cost of tickets to the Apollos- some tickets were more $100 per seat which is more than UCF gets for same seats. 

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6 minutes ago, GreggTX said:

With the middle class all but gone by now, who's buying tickets to AAF games anyways? Maybe they should go over to China and try to start a league there.

That’s the kind of move that may make sense. Resurrecting the NFL Europe is an option too. You aren’t going to have success here with minor league football. These teams are NEVER going to be higher than the 2nd most popular team in a market and in some cases may be a 3rd or 4th option. If you are in Orlando for example you might like the Bucs, the Gators and UCF more than the Apollos. How are they supposed to compete? Who is paying for that? 

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26 minutes ago, Buffalo Timmy said:

I am truly astounded at the fact that they did not have enough cash flow for at least one season. They had controlled cost from top to bottom at least for this year. I though was shocked when i saw the cost of tickets to the Apollos- some tickets were more $100 per seat which is more than UCF gets for same seats. 

 

 

...I'd fire whoever wrote that business plan in a nanosecond.......I'm a 43 year bean counter for multiple, successful companies and my sorry azz would be on the street for it....Jesus....

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