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Report: AAF Needed $250 Million Investment To Avoid Missing Payroll

The Alliance of American Football is only a few weeks old and already it has encountered the biggest problem that plague most startup leagues.

According to a report from The Athletic, the AAF despite a good ratings debut, was in jeopardy, as it was running low on cash with the possiblity of missing payroll.

But then Carolina Hurricanes owner Tom Dundon stepped up and made a $250 million investment in the league. With the new infusion of funds on hand, Dundon will be named the league's new chairman on Tuesday.

Dundon paid $420 million for the Hurricanes in January 2018.