Birmingham, Ala. (WIAT) — Two weeks into its inaugural season the Alliance of American football and rumors of the league’s demise are already beginning to surface.
It all began Tuesday Morning, after a report from The Athletic said the league was in a major financial crisis, and needed a big time investor to keep the league afloat for the rest of the season. In stepped Carolina Hurricanes owner Tom Dundon who invested $250 million in the league.
Birmingham Iron General Manager Joe Pendry insists that the league’s new investor is not related to any financial hardship. And that the league is doing just fine financially.
However sources tell CBS 42 that as of 5:00 PM on Tuesday, many players had not yet received payment for the first two weeks of the season.
This, Pendry says, is due to a clerical “Glitch” in the league’s new payroll system and that the league is working to pay all of its players for the first two weeks of the season.