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AAF Files For Bankruptcy

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The Alliance of American Football (AAF) has officially filed for bankruptcy
15 days after the league formally suspended operations on April 2nd, cutting it’s inaugural season short only 8 weeks in.

Front Office Sports tweeted out the official filings of bankruptcy:

The league’s creditors who have claims secured by property include MGM Resorts International for $7,000,000, Aramark Sports for $1,831,648 and Silicon Valley Bank for $810,523, according to the documents.


Other parties with unsecured claims include CBS ($5,190,153), CAA ($30,000), Mike Pereira ($60,497.81) and Dean Blandino ($45,000).

Per the report, the following creditors are owed more than $1 million:

MGM Resorts International: $7,000,000

CBS: $5,190,153

swirl | mcgarrybowen: $2,275,602.29

Morgan, Lewis, & Blockius: $2,413,773.57

Aramark Sports: $1,831,648

Arizona State: $1,237,793.82

The AAF issued the following statement on the league filing for bankruptcy, according to Darren Rovell:

Anthony DiMoro is the creator of Sports Rants and the CEO of Elite Rank Media. He is a former Contributor for Forbes and the Huffington Post where he covered sports, social media, and SEO. Anthony formerly hosted the 'Forbes SportsMoney Podcast'.

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