One of the KC business mags recently ran an article about Tyler Prochnow and the Kansas City Brigade (ok, at that time it was still an unnamed team). Instead of focusing on football and the excitement of the Arena Football League, it focused on the business side of things--not surprising for a business journal.
Anyway, if you read the article you might get a new appreciation for just how tricky it was to put this whole thing together. Being an AFL owner definitely involves more than sitting around in a luxury suite.
Excerpt: "Prochnow said investors have put $5 million to $10 million into the team, including signing 15 players from the New Orleans Voodoo and making a down payment on the $16 million franchise fee.
The owners had a head start, however, after spending eight months on an expansion bid that apparently had stalled in mid-August and seemed dead as recently as Sept. 27, before the league realized it wouldn't have a New Orleans team for 2006 thanks to Hurricane Katrina.
"It was a lot of money and a big commitment," Prochnow said. "It was getting to a point where we hadn't put together all the business pieces that we needed. We decided to wait a year and then pursue a team."
The whole story.
