No actions were taken to prepare for a 2009 season. In March 2009, the league announced that they were starting from scratch and choosing new host cities for a potential spring 2012 season; this would put the league in direct competition with the New USFL, which will be starting that same season.
On March 13, 2008, the league announced that the 2008 season would not take place, and expressed hope that the league might play in 2009. The AAFL website issued a statement that "The All American Football League (AAFL) announced today the postponement of its inaugural season until 2009. The League will continue to build upon the foundation that has been established, and will continue to discuss opportunities with potential investors. AAFL sponsors have committed to remain on board for the 2009 season. Currently, the League has corporate partnerships with New Balance, Baden Sports and Rogers Athletic. Also still in place for the 2009 season are a national radio partnership with Touchdown Radio & SportsDay Productions, and an internet broadcast partnership with PlayOn! Sports, a division of Turner Broadcasting." Keenan Davis, Vice-president of league operations and Chief Operating Officer said that "We are so very fortunate to have built partnerships with companies who are partners in the truest sense of the word. We sincerely appreciate their support as we progress toward our new goal of a 2009 inaugural season." The league press release added that "All fans who have purchased tickets to 2008 AAFL games will receive a full refund. Credit cards will be credited and any checks received will be returned."
The Houston Business Journal reported that Team Texas had sold only 250 season tickets, and that team president Mike Pede had announced that the ten employees of Team Texas would be laid off and would "receive severance depending on their length of time with the organization".
The league had announced one week earlier that the league was considering a postponement of its season, stating that "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."
All players signed to AAFL teams were immediately released and were free to sign elsewhere.
On March 13, 2008, the league announced that the 2008 season would not take place, and expressed hope that the league might play in 2009. The AAFL website issued a statement that "The All American Football League (AAFL) announced today the postponement of its inaugural season until 2009. The League will continue to build upon the foundation that has been established, and will continue to discuss opportunities with potential investors. AAFL sponsors have committed to remain on board for the 2009 season. Currently, the League has corporate partnerships with New Balance, Baden Sports and Rogers Athletic. Also still in place for the 2009 season are a national radio partnership with Touchdown Radio & SportsDay Productions, and an internet broadcast partnership with PlayOn! Sports, a division of Turner Broadcasting." Keenan Davis, Vice-president of league operations and Chief Operating Officer said that "We are so very fortunate to have built partnerships with companies who are partners in the truest sense of the word. We sincerely appreciate their support as we progress toward our new goal of a 2009 inaugural season." The league press release added that "All fans who have purchased tickets to 2008 AAFL games will receive a full refund. Credit cards will be credited and any checks received will be returned."
The Houston Business Journal reported that Team Texas had sold only 250 season tickets, and that team president Mike Pede had announced that the ten employees of Team Texas would be laid off and would "receive severance depending on their length of time with the organization".
The league had announced one week earlier that the league was considering a postponement of its season, stating that "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."
All players signed to AAFL teams were immediately released and were free to sign elsewhere.
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