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+---- Thread: What's the tv value of the AAF and XFL? (/thread-869620.html)
RE: What's the tv value of the AAF and XFL? - DoubleRSU - 02-19-2019 08:55 AM
Yeah, totally don’t need those ticket sales!
http://www.sportingnews.com/us/nfl/news/alliance-american-football-aaf-investment-tom-dundon/1lo9kkzv0km2h1hb71yfrxkj1z
RE: What's the tv value of the AAF and XFL? - Renandpat - 02-19-2019 09:00 AM
The Athletic Carolina is reporting that NHL Hurricanes owner Ton Dundon made a "nine figure investment" last week as the site reports that the AAF was running out of cash mid-week and meeting payroll was the main issue. Granted, they're the only outlet reporting this but Dundon is reportedly to be named Chairman today or tomorrow.
RE: What's the tv value of the AAF and XFL? - Renandpat - 02-19-2019 09:04 AM
(02-19-2019 08:55 AM)DoubleRSU Wrote: Yeah, totally don’t need those ticket sales!
http://www.sportingnews.com/us/nfl/news/alliance-american-football-aaf-investment-tom-dundon/1lo9kkzv0km2h1hb71yfrxkj1z
This is not good but Dundon is now the lead investor, so Thiel and his Founders Fund and Chernin now take a back seat or got $$$ to get out now at some loss.
Know that Dundon has obviously been successful, but he became a billionaire via technology as Top Golf.
RE: What's the tv value of the AAF and XFL? - solohawks - 02-19-2019 09:07 AM
https://www.usatoday.com/story/sports/2019/02/19/aaf-football-tom-dundon-chairman-investment/2913018002/
Here is a USA today article about it citing the athletic piece. Cannot be q good sign if they are already having cashflow issues in week 2
RE: What's the tv value of the AAF and XFL? - GoldenWarrior11 - 02-19-2019 09:29 AM
Never a good sign when a start-up is seeking a nine-figure bailout two weeks in...
RE: What's the tv value of the AAF and XFL? - Chappy - 02-19-2019 10:20 AM
(02-19-2019 09:07 AM)solohawks Wrote: https://www.usatoday.com/story/sports/2019/02/19/aaf-football-tom-dundon-chairman-investment/2913018002/
Here is a USA today article about it citing the athletic piece. Cannot be q good sign if they are already having cashflow issues in week 2
Tom Dundon seems to be pretty tight with his cash, so the fact that he's willing to lay down $250 million is actually a good sign in my opinion. He must be convinced he's going to make it back and then some.
RE: What's the tv value of the AAF and XFL? - Renandpat - 02-19-2019 10:30 AM
If this news is true, it illustrates two things:
1-The league was tremendously underfunded and rushed. Orlando Team President Mike Waddell did a Reddit AMA over the weekend and said he was the third Orlando employee hired. Spurrier was the first in April 2018, followed by the GM, then him. Waddell started on August 28, 2018, and then had to hire 24 full-time staffers by January 1. So they were taking seat deposits $50 at a time for longer than they were on the ground in the eight cities trying to get local sponsorship and selling tickets. Not naming the cities at once was another problem, but if Orlando, their first team announces didn't get staffed until late fall, the last two named didn't have a chance.
2-The attendance numbers are for what they distributed. San Antonio had 10,000 Week 1 seats bought by Red McCombs for the USO, and the team stated prior that 4,500 were to be given to them weekly. Birmingham was giving them out at police checkpoints for Week 2.
This more than the possibility of not meeting team payroll, but the ancillary items like office rent, stadium rent, the player's housing, their production costs, merchandising (a lot of their store still has little in stock). Heck, Hines Ward, Justin Tuck and the other former players on the Exec. Board aren't cheap.
RE: What's the tv value of the AAF and XFL? - Renandpat - 02-19-2019 10:34 AM
(02-19-2019 10:20 AM)Chappy Wrote:(02-19-2019 09:07 AM)solohawks Wrote: https://www.usatoday.com/story/sports/2019/02/19/aaf-football-tom-dundon-chairman-investment/2913018002/
Here is a USA today article about it citing the athletic piece. Cannot be q good sign if they are already having cashflow issues in week 2
Tom Dundon seems to be pretty tight with his cash, so the fact that he's willing to lay down $250 million is actually a good sign in my opinion. He must be convinced he's going to make it back and then some.
Dundon wants their IP primarily. He needed to see the app work in realtime so he could see how it could work not just with his NHL team, but also at Topgolf and with his Toptracer technology which is used by NBC for their PGA Tour events. Since 2017, the PGA Tour allows phones on the course, so a game similar to the AAF app could be used with Toptracer.
RE: What's the tv value of the AAF and XFL? - TerryD - 02-19-2019 11:30 AM
(02-19-2019 10:34 AM)Renandpat Wrote:(02-19-2019 10:20 AM)Chappy Wrote:(02-19-2019 09:07 AM)solohawks Wrote: https://www.usatoday.com/story/sports/2019/02/19/aaf-football-tom-dundon-chairman-investment/2913018002/
Here is a USA today article about it citing the athletic piece. Cannot be q good sign if they are already having cashflow issues in week 2
Tom Dundon seems to be pretty tight with his cash, so the fact that he's willing to lay down $250 million is actually a good sign in my opinion. He must be convinced he's going to make it back and then some.
Dundon wants their IP primarily. He needed to see the app work in realtime so he could see how it could work not just with his NHL team, but also at Topgolf and with his Toptracer technology which is used by NBC for their PGA Tour events. Since 2017, the PGA Tour allows phones on the course, so a game similar to the AAF app could be used with Toptracer.
No matter the motive, $250 million is....well, $250 million.
RE: What's the tv value of the AAF and XFL? - No Bull - 02-19-2019 01:04 PM
what IP... I have watch the games... seems like a regular football telecast... putting a mic and a camaera on a replay official is innovative? it is worth $250 million? I mean wtf are u guys talking about?
who has $250 million to drop on a league that can't meet it's payroll 2 weeks in...
I am baffled.
RE: What's the tv value of the AAF and XFL? - MissouriStateBears - 02-19-2019 01:10 PM
(02-19-2019 01:04 PM)No Bull Wrote: what IP... I have watch the games... seems like a regular football telecast... putting a mic and a camaera on a replay official is innovative? it is worth $250 million? I mean wtf are u guys talking about?
who has $250 million to drop on a league that can't meet it's payroll 2 weeks in...
I am baffled.
https://profootballtalk.nbcsports.com/2019/02/16/aafs-larger-bet-relates-to-gambling-technology/
https://www.usatoday.com/story/sports/nfl/2019/02/14/aaf-pro-football-league-built-sports-gambling-data-technology/2870023002/
RE: What's the tv value of the AAF and XFL? - Chappy - 02-19-2019 03:26 PM
(02-19-2019 01:04 PM)No Bull Wrote: who has $250 million to drop on a league that can't meet it's payroll 2 weeks in...
A billionaire.
RE: What's the tv value of the AAF and XFL? - BullsFanInTX - 02-19-2019 03:27 PM
The AAF denied on the record that they had difficulty meeting payroll.
This investment is a GREAT thing. Guaranteed cash flow for the foreseeable future and a big time investor, who obviously saw something good in AAF, or else he wouldn't have invested. Which billionaire throws his money down the drain for no good reason, unless he sees a return on his investment. Think about it.
RE: What's the tv value of the AAF and XFL? - Renandpat - 02-19-2019 05:40 PM
(02-19-2019 01:04 PM)No Bull Wrote: what IP... I have watch the games... seems like a regular football telecast... putting a mic and a camaera on a replay official is innovative? it is worth $250 million? I mean wtf are u guys talking about?
who has $250 million to drop on a league that can't meet it's payroll 2 weeks in...
I am baffled.
David Glenn, who broke the story, said in Hour 1 of his radio show, the AAF didn't get $250M in cash just yet. Unlike David Tepper, who wired Jerry Richardson and the other Panthers investors cash for the team nearly totaling $2.275B, Dundon is giving the league payments which will be $250M in total.
RE: What's the tv value of the AAF and XFL? - johnbragg - 02-19-2019 06:42 PM
(02-19-2019 05:40 PM)Renandpat Wrote:(02-19-2019 01:04 PM)No Bull Wrote: what IP... I have watch the games... seems like a regular football telecast... putting a mic and a camaera on a replay official is innovative? it is worth $250 million? I mean wtf are u guys talking about?
who has $250 million to drop on a league that can't meet it's payroll 2 weeks in...
I am baffled.
David Glenn, who broke the story, said in Hour 1 of his radio show, the AAF didn't get $250M in cash just yet. Unlike David Tepper, who wired Jerry Richardson and the other Panthers investors cash for the team nearly totaling $2.275B, Dundon is giving the league payments which will be $250M in total.
Yeah, I'd want to limit the amount of cash I set on fire at any one time too.
RE: What's the tv value of the AAF and XFL? - Chappy - 02-19-2019 08:42 PM
Dundon, Ebersol and Polian are all here at the Hurricanes game tonight. I'll ask him if he has any cash I can burn, lol.
RE: What's the tv value of the AAF and XFL? - Fighting Muskie - 02-19-2019 09:03 PM
I don't get why they don't see the righting on the wall. If Winter/Spring football is going to succeed there needs to be just one united league.
I also think they need to take a page out of MLS's playbook and sell investors on the idea that if they invest early in the league itself once it's on its feet they can be investor/operators of their choice of the original teams.
RE: What's the tv value of the AAF and XFL? - Fighting Muskie - 02-19-2019 09:07 PM
(02-19-2019 08:42 PM)Chappy Wrote: Dundon, Ebersol and Polian are all here at the Hurricanes game tonight. I'll ask him if he has any cash I can burn, lol.
See if he wants to get in on my World Tittley-winks Federation. I need $250 million to attract top talent and develop my app.
RE: What's the tv value of the AAF and XFL? - arkstfan - 02-20-2019 11:31 PM
(02-19-2019 01:21 AM)AuzGrams Wrote:(02-18-2019 08:39 PM)3BNole Wrote: It should be noted that in both cities (San Antonio and Birmingham) in which a second game has been played, the attendance increased slightly. That is a very good sign, as you would expect it to drop off.
I'd be surprised if Memphis can't get at least 15,000 for their next home game with good weather, San Diego had crappy weather with 20,000, and Arizona is 2-0 and looking good so they could see an increase.
I'm interested to see how Salt Lake does for their first home game. I think it's a market that would work well for football, but the winter weather just makes it's so meh, so I'm only expecting 20,000 at Rice-Eccles Stadium.
Memphis embraced WFL and USFL and then the Oilers took a dump on them for a year and CFL, XFL and now AAF have struggled to find a crowd.
RE: What's the tv value of the AAF and XFL? - arkstfan - 02-20-2019 11:47 PM
(02-19-2019 10:20 AM)Chappy Wrote:(02-19-2019 09:07 AM)solohawks Wrote: https://www.usatoday.com/story/sports/2019/02/19/aaf-football-tom-dundon-chairman-investment/2913018002/
Here is a USA today article about it citing the athletic piece. Cannot be q good sign if they are already having cashflow issues in week 2
Tom Dundon seems to be pretty tight with his cash, so the fact that he's willing to lay down $250 million is actually a good sign in my opinion. He must be convinced he's going to make it back and then some.
Roughing out the numbers based on announced player payroll and reports of what weekly payroll is the AAF ought to be able to pay all expenses for three years just on that investment without any significant revenue coming in.
I think three years is the significant number because most of their deals are for three years from licensing agreements to stadium rentals.
They seem locked into let's do three years and look at where we are at.
The NFL labor agreement expires in 2020. The main TV deals expire after the 2021 season.
If NFL is going to invest having some sort agreement for player development that NFLPA likes and an influx of new revenue from video rights seem to be integral.
If AAF can't help with labor peace and the investment requires dipping below current revenue levels for NFL then NFL isn't buying in and the AAF model probably won't work.