Vince McMahon in January announced plans to launch a new XFL by ‘20. At a media event in N.Y. this morning, Charlie Ebersol announced his plans to launch a competing, single-entity spring football league called the Alliance of American Football in February. Longtime NBC Sports boss Dick Ebersol, Charlie’s father and a driving force behind the original XFL, will be on the AAF’s BOD. The AAF carries a roster of high-profile investors including The Chernin Group and Founders Fund, which was an early investor in Facebook, Space-X and Lyft. M Ventures, entrepreneur Keith Rabois and former NFLer Jared Allen also are investing in the league. Charlie Ebersol would not say how much he raised or how much the league needs to succeed. “Getting a lot of money was obviously important, but getting the right money was even more important,” Ebersol said. “All of these previous attempts have been based on the idea of a one- or two-year business model. I went out and said, ‘Look, I need money for seven-to-10 years.’ They were the type of people that jumped on board.” The AAF already has a deal in place with CBS Sports, which has committed to show the league’s first game in primetime on its broadcast network on Feb. 9. That is the week following Super Bowl LII, which will be produced by CBS. The broadcast network also has committed to show the league’s first championship game in primetime the weekend of April 26-28. CBS Sports Network will carry a weekly regular-season game. All games will be live streamed for free via the league’s app, which will allow for an in-game fantasy component.
March 20, 2018