The AAFL Needs Some Cash!

To run a successful sports league there are two very important items. The first is the staff. You know, players, coaches, referees, etc. The second is cash. The All-American Football League has had no problem with the first one, as was evident during their inaugural draft. However, they seem to be having a slight problem with that second part.

The new All American Football League will have to postpone its 2008 season unless it finds additional financial backing.

The announcement Thursday came less than a week before camps were to open for the six-team league.

Now, I know that there are a lot of football fans out there with deep pockets, but I just can't see too many of them putting up thousands of dollars to keep the AAFL afloat. Though, maybe someone should let Ben Bernake of this dire situation because apparently the problems are tied directly to the subprime mortgage crisis.

In an attempt to secure kickoff of its inaugural season as well as its long-term future and success, the All American Football League® has begun discussions to explore multiple financing options.

Since inception, the League's finances have been indirectly tied to the $300 billion federally guaranteed student loan asset backed securities market. In August, the sub prime mortgage crisis began spreading into other sectors such as municipal bonds and federally guaranteed student loans. The situation, which was considered to be temporary at the time, has continued to worsen.

Despite the fact that the Federal Reserve has repeatedly lowered interest rates during this financial crisis, their efforts have not yet restored liquidity in many asset backed markets, including municipal bonds and student loans.

The League held its inaugural draft in January, and the team rosters and staffs are all in place. All teams are scheduled to open training camp Wednesday if liquidity can be immediately restored.

Every effort is being made to insure that the '08 season will be played as planned, but this depends upon a locating new majority owner with the needed liquidity, which in turn depends upon the League being able to finalize a TV deal. Otherwise, the inaugural season will be postponed to '09.

In all seriousness, I've dealt with the AAFL, and I've never had any problems with the people that I interacted with. They all wanted to put together a competitive football league where players could continue their careers, and fans could enjoy watching some quality games. Hopefully they can get this financial situation worked out, and I wish them nothing but the best.

Eugene Gross, Heading Back To School For The AAFL

I'll admit, when I first heard about the AAFL, I was a bit skeptical. Though, it's hard not to be when you look at all of the different football leagues that have popped up and then folded throughout the years. However, the same was probably said about the AFL when they started, and look what that's become.

The more I read and hear about the league, and the more interaction that I have with the people working hard to make this league a reality, the more excited I get to see this thing kick off next spring. It's also made me hopeful that a number of former athletes will return to their former college or university to get their degree. Athletes like Eugene Gross.

Gross was a very successful running back for the Middle Tennessee State Blue Raiders, starting at tailback all four years. Despite being able to run and catch the ball well(he holds the MTSU record of total receptions by a running back), he went undrafted following the completion of his senior season this past year. Gross views the AAFL as his way to continue playing football, but there's one problem. He doesn't hold the four year degree from his college that is required by the AAFL. So he's heading back to school to pick up the 13 credit hours he needs for his diploma so that he can continue playing the game he loves in a professional league.

Former MTSU running back Eugene Gross has an additional incentive to finish his degree. Gross wants to play in the new All-American Football League, but it requires players possess a four-year degree.

Gross, who recently earned his real estate license, lacks 13 credit hours to graduate with a bachelor's degree in sports psychology. The All-American Football League is set to start in 2008.

"I want to put the pads on again because I've still got the love for the game in me," said Gross, MTSU's all-time leader in receptions among running backs.

"My agent is trying to get a tryout set up for me, but I've got to focus on school so that I can graduate in December and keep playing."

And while getting fans to come to the games is a great indicator of the league's success, if they can motivate former student-athletes to go back to school to finish their degree requirements that might ultimately be the most successful aspect of it.

The All-American Football League: Taking Graduates Of Your Favorite College, Leaving Phone Messages

An onslaught by the common cold has precluded any updates(unlike Disturbed, I am not down with the sickness), but I have managed to post up one golden nugget.

While Mark Cuban's idea for a football league got a good amount of press, the All-American Football League has flown under the radar a bit more. However, the marketing efforts are starting to pick up steam as it approaches the proposed launch date next April.

The league is doing its best to embrace the college atmosphere, which is probably to be somewhat expected since it's being created by guys like Cedric Dempsey(former NCAA president) and Doug Dickey(former University of Tennessee AD). Supposedly the league is even going to have "colleges' bands and cheerleaders" attending games(FAMU FTW!).

As far as prospective players, the only stipulation is that the participant must have graduated from a 4-year college or university in the state where the team is based. In that respect, it is very different from the XFL, AFL or the proposed Cuban Football League that are seen by many as just using NFL castoffs. While most of the guys eventually paid to play in the AAFL probably did participate in the NFL, for a short time at least, using only "homegrown" talent(no Marcus Thomas, not that kind of homegrown) will help add to the college-like atmosphere that they're hoping to create. Also, seeing guys who were once fierce rivals come together in a team setting to beat another state's team will just add to the buzz. Right now, the plan is to have the league be comprised of eight teams.

Also, the AAFL isn't trying to compete directly with any existing football leagues in terms of scheduling. The games will be played in the spring into the summer, and won't try to go head-to-head with the NFL, NCAA or even high school. They've also got a set up in place where the games will be played at "universities known for college football"(the University of Florida is already on-board), and the games could be broadcasted on a private netowrk with no commercials. Though, there's no TV deal just yet.

Since tryouts are slated to begin tomorrow, July 3, receiving a phone call today regarding a scrimmage between former Gators and Vols piqued my interest. As did the tailgating encouragement, though college football fans don't usually need too much encouragement in that department. Anyway, here's the message that was left on my answer machine today. Replace the University of Florida fanfare with your favorite school's, and let me know if it increases your interest. I am curious how they got my telelphone number, as I don't contribute enough(know of any blog related opportunities? hit me up!) to be considered a big time booster by any means.

AAFL Phone Message