AFL going bankrupt, af2 expected to weather storm - Spokane, North Idaho News & Weather KHQ.com

Spokane Shock

AFL going bankrupt, af2 expected to weather storm

(Photo: SWX) (Photo: SWX)
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SPOKANE, Wash. - The Arena Football League soon will announce that it is folding because of bankruptcy. That leaves the 50 percent stake of the AFL in the af2, which includes the Spokane Shock and Tri-Cities Fever, up in the air.

The league called off play during the 2009 season so it could attempt to remain in operation.  It hoped to return for the 2010 season but sent a one-paragraph note to teams late Tuesday saying that operations had been suspended because the AFL's board had been "unable to reach any consensus on restructuring the league over the past eight months."

KHQ talked with Shock spokesperson Kevin Maloney who said he's confident the af2 will move forward without feeling much of an impact from the AFL's bankruptcy filing.

Maloney says the AFL's share of the af2 will be distributed among af2 shareholders and that af2 teams will be able to handle any additional financial responsibilities. Shock head coach Adam Shackleford says he also believes the af2 is financially solid, though there are some teams that are having money problems.

Players in the af2 hoping to advance to the next level of play are the ones most affected by the AFL's bankruptcy. With the AFL no longer an option, one Shock player said he and others looking to move on could catch on with a different af2 team where the competition is tougher, play in the Canadian Football League, or advance to the NFL.

The AFL, in its 22nd year of existence, lost its commissioner and two teams since the end of last season.  The New Orleans Voodoo folded late last year and the Los Angeles Avengers folded more recently because of financial difficulty.  The league reached a new agreement with its players this year, but that wasn't enough to persuade enough owners that the league could return to profitability.

The AFL's board said "there are no other viable options available to the league right now," according to the Associated Press.

*Watch the Spokane Shock host the Boise Burn this Saturday in the second round of the af2 playoffs.  The game starts at 7 p.m. and can be seen LIVE on SWX!

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