The Alliance of American Football was a wonderful dream project full of potential, at least until it wasn’t. The whole house of cards collapsed when everyone realized there wasn’t enough money, or at least what money there was could easily be pulled. That’s ultimately what happened eight weeks into their inaugural 10-week season when Tom Dundon, who ended up as majority shareholder, elected to suspend operations.
Dundon put forth a substantial amount of money, in theory, but it turned out to be a pay-as-you-go agreement that was forced upon the league when they had a previous investor pull out just as the season was getting underway.