Believe it or not, but yet another football league has gone under. Well, that’s not exactly true because the All American Football League isn’t giving up just yet. The AAFL is being forced to postpone its 2008 opening season until 2009 due to a lack of financial funding.
The league’s chief executive officer, Marcus Katz, said economic conditions forced the decision to scrap plans for this year.
“I invested 29 million dollars in cash to roll out the operations of the league,” Katz told the station, adding he was owed “a lot more money” by a student loan company.
“When I told the board I would subsidize the league, that was before the bond market collapsed,” Katz said.
Say what you will about Vince McMahon’s pathetic XFL, but at least they had an opportunity to prove they sucked on the field.
In other news…
[Can’t Stop the Bleeding]: The NCAA doesn’t like ESPN
[The Big Lead]: Clay Buchholz scores a perfect dame
[ThePittsburghChannel.com]: Billy Crystal, you’re outta here!
[Smarter Sports Blog]: Reporter flips over covering sled race
[CBS4Denver.com]: Barry Bonds alleged use of roids pays off in a big way…just not for him
[The Swim Aids]: Golfers don’t like the idea of random drug tests
[Jibblescribbits]: Is Alexander Ovechkin the lost love child of Andre the Giant? You decide
[Links Link]: It’s been a bad week for John Daly…wait, aren’t all his weeks bad weeks?