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Arena Football One finalizes purchase of AFL assets

Friday December 18, 2009

December 18, 2009 – Arena Football One, the new Arena Football league set to begin play in 2010, officially has completed the purchase of the assets of the Arena Football League through a bankruptcy court-mandated auction from an appointed Trustee, AF1 announced this afternoon.

The Friday closing of the transaction now allows the league and it’s member teams, if they desire, to adopt and use the team names, trademarks and logos of the former league.

Chicago Gridiron, LLC – the ownership group of the new team in Chicago – had expressed its intent to adopt the “Chicago Rush” name once the transfer of assets was complete.

“We are happy to finally and definitively be in a position to continue the team operations under the RUSH name and intend to demonstrate our commitment to the Chicago fans by fielding a team worthy of their support,” said William Niro, managing partner of the new Chicago Rush.

“As a founding member of the AFL,” Niro continued, “I was proud to be part of an incredible success story. I was equally distressed by the demise of the league over the past 12 months. As owners of the new Chicago Rush, we intend to dedicate ourselves to bringing jobs to the area, to create opportunities for our players, coaches and staff, and to give our loyal fans a team that they can cheer on to victory.”

Chicago Rush season and group tickets currently are on sale, with season ticket prices beginning as low as $64 per ticket. Tickets may be purchased by calling the Rush office at (847) 882-9400 or visiting the team’s new Web site at Fans who held season tickets to the previous Rush team will be given the opportunity to reserve their same season ticket locations, but must call the ticket office as soon as possible to secure those seats.