The AAF May Be Folding

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Photo credit © Jake Roth-USA TODAY Sports
Sorry Fleet fans. Rumors have been floating around for a while that the Alliance of American Football may fold before the season ends. It looks like it's going that way. Multiple reports are out saying the league will suspend operations today. They haven't folded yet, but it's looking that way. 

All @TheAAF football operations will be suspended in the next few hours, per source with knowledge of situation. League is not folding, yet. But it's heading that way.

— ProFootballTalk (@ProFootballTalk) April 2, 2019

Sources: The AAF will suspend all football operations today. New owner Tom Dundon will lose approximately $70 million on his investment. Dundon makes decision against wishes of league co-founders Charlie Ebersol and Bill Polian.

— Darren Rovell (@darrenrovell) April 2, 2019

Then there's this...

Perception inside the AAF is that Hurricanes owner Tom Dundon bought a majority stake in the league simply for the gambling app being developed.Source: "Dundon got the technology he wanted and he's now minus one rather large headache."

— Albert Breer (@AlbertBreer) April 2, 2019

But hey, Steve Spurrier is taking one positive out of this. He is a champion once again!

WATCH: Steve Spurrier says the @aafAPOLLOS should be champions, if this is indeed the end of @TheAAF.#Champions #Apollos #Orlando #AAF #WFTV pic.twitter.com/KumJjOe2uA

— Christian Bruey (@CBrueyWFTV) April 2, 2019