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Potential XFL Competition Files For Bankruptcy

Posted By: Ben Pearce on Apr 17, 2019

Potential XFL Competition Files For Bankruptcy

The Alliance of American Football has filed for bankruptcy after only eight weeks in existence after failing to garner support from the NFL in efforts to become a developmental league. The following statement has been released.

“The AAF is committed to ensuring that our bankruptcy proceeds in an efficient and orderly manner,” the league said in a statement. “Pursuant to the bankruptcy laws, a trustee will be empowered to resolve all matters related to the AAF’s remaining assets and liabilities, including ongoing matters related to player contracts.”

The fate of the AAF is interesting as it relates to the upcoming launch and second coming of Vince Mcmahon's XFL next year. It eliminates potential competition and calls into question whether another professional football league can coexist with the NFL in America.

Source: USA Today
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