UCF Loses Over $1 million From AAF Suddenly Folding

[slick1ru2 343]

https://www.wftv.com/news/local/ucf-loses-over-1-million-in-stadium-agreement-with-apollos-aaf/936808061

[BullyPulpit 696]

17 hours ago, slick1ru2 said:

https://www.wftv.com/news/local/ucf-loses-over-1-million-in-stadium-agreement-with-apollos-aaf/936808061

How in the world do you not get the money after each game, or at least a good chunk of it on the front-side when you are dealing with a start-up that announced financial concerns after week 2? 

"Sources around the league said the AAF never paid UCF for the lease it signed to play at the stadium -- leaving the university with a hit of over $1 million. It is believed the UCF Athletics Association never sent an invoice to the team."

 

[Paisa el Toro 930]

Ha!

[DELdaBull 863]

Down payment anyone? 

[CousinRicky 1,640]

On 4/4/2019 at 1:58 PM, BullyPulpit said:

How in the world do you not get the money after each game, or at least a good chunk of it on the front-side when you are dealing with a start-up that announced financial concerns after week 2? 

"Sources around the league said the AAF never paid UCF for the lease it signed to play at the stadium -- leaving the university with a hit of over $1 million. It is believed the UCF Athletics Association never sent an invoice to the team."

 

I'm sure their glad they have on OCS.

[BullyPulpit 696]

1 hour ago, CousinRicky said:

I'm sure their glad they have on OCS.

I'm sure they are as well, but that has nothing to do with making a poor business decision. 

[CousinRicky 1,640]

1 minute ago, BullyPulpit said:

I'm sure they are as well, but that has nothing to do with making a poor business decision. 

USF can't make that mistake.