I used to describe the Arena Football League as like playing football in your garage, only withouth the danger of running into sharp tools. But now the league — already on ice for the 2009 season — is in danger of crashing and burning completely. What is football without giant nets to bounce your errant field goal tries back into the field of play? We might be about to find out.
The league is about $14 million in debt and may have to filed for Chapter 11 bankruptcy, according to SPORTS BUSINESS JOURNAL. Mid-July would usually be playoff time in the AFL, but team owners voted to suspend the 2009 season due to financial duress, with the intention of regrouping and coming back strong in 2010. But the AFL has laid off almost its entire staff, and is showing no real signs of life.