NHL Hockey

'Canes owner Dundon invests $250M in AAF

(AP Photo/Gerry Broome, File)

Carolina Hurricanes owner Tom Dundon is investing $250 million in the Alliance of American Football.

Dundon also will serve as chairman of the fledgling eight-team league that began play on Feb. 9. His involvement came together in a matter of days last week, according to Dundon and Alliance co-founder Charlie Ebersol, though Dundon had been monitoring the AAF's development and debut.

Ebersol dismissed reports Tuesday that the Alliance was getting a financial bailout from Dundon.

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