ATLANTA, GEORGIA (March 9, 2008) The CEO of the new All-American Football League, Marcus Katz, has announced the league has landed a badly needed television deal that could make the AAFL viable in 2008. Katz also said the league is in talks with new investors that are critical to the AAFL's future.
"Everything was contingent upon us landing a television deal and that television deal arrived today," Katz said.
Katz also was not ready to acknowledge the AAFL will postpone its inaugural season until 2009 which was announced by the league earlier Thursday.
"We had a board meeting (Thursday) and voted not to postpone," Katz said. "We have been seeking additional investors and felt we are far enough along to continue on."
Katz declined to identify the network involved with the AAFL saying it would be the network's right to make the announcement.
"It's not signed yet because we haven't signed it," Katz said.
Katz said his role in the league will be diminished if the new investors in talks with the AAFL choose to join.
"I would be secondary," Katz said. "They would be taking a majority interest in the league."
The AAFL is scheduled to open training camps Wednesday. The league has teams in Houston, Texas, Detroit, Michigan, Little Rock, Arkansas, Gainesville, Florida., Birmingham, Alabama, and Knoxville, Tennessee.
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