Hurricanes owner Tom Dundon says he, not former league players, should get millions – The Athletic

Tom Dundon, the billionaire owner of the Carolina Hurricanes, argued in court this week that he, not hundreds of minor league football players, should be eligible to receive millions of dollars owed under a preliminary settlement of the defunct Alliance of American Football Bankruptcy.

Dundon bought the AAF in February 2019 and shut it down on April 2, 2019, ending the inaugural season two games early, something he now argues players shouldn’t be paid for. Instead, the $5.6 million agreed to in the settlement should go to major creditors like him, his lawyer argued in bankruptcy court this week.

“There’s only $3.9 million, or so, in the remaining area, if they’re going to pay $5.6 million of that and basically create a right that didn’t exist in the (player’s) contract and that doesn’t exist now, they’re doing it to the detriment of us, and I think that’s important,” said Brent Hockaday, Dundon’s attorney.

Brian Engel, attorney for the trustee in bankruptcy, called the argument objectionable.

“Mr. Dundon is the person who is stopping players from playing by rescheduling their matches, and now suggesting that their claims aren’t as good as his,” Engel said. this false and incorrect.”

A lawyer for Charlie Ebersol, Dundon’s former AAF partner, was even more pointed in an emailed statement. “Mr. Ebersol has filed documents with the Court formally supporting the AAF players’ right to receive the final two payments of their contract,” Michael Saltz wrote. “Our position is that the players earned this money, and it is not their fault that others have decided to put the AAF out of business instead of taking all the steps at their disposal to help maintain the existence of the AAF.

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