Alliance of American Football to suspend operations in blow to investors including Peter Thiel

The Alliance of American Football will suspend all football operations today, according to NBC Sports affiliate ProFootballTalk.

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The league, which launched its inaugural season in February, said earlier this year that it received a $250 million cash investment from Carolina Hurricanes owner Tom Dundon.

Founded and led by television producer Charlie Ebersol, the Alliance of American Football is also backed in part by Peter Thiel's Founders Fund, The Chernin Group, and venture capitalist Keith Rabois.

This story is developing. Please check back for updates.

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