A new football league kicks off on CBS — and no one is talking about it

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American professional football on TV doesn’t have to end with the Super Bowl.

That was the thinking behind the Alliance of American Football (AAF), a new league co-founded by NFL Hall of Famer Bill Polian and TV producer Charlie Ebersol, son of NBC executive Dick Ebersol.

The league has big football names involved (Troy Polamalu, Hines Ward, Dean Blandino, Mike Pereira), big financial backing (Keith Rabois, Peter Thiel, Chernin Group, and MGM), and big television partners. It kicks off on CBS on Saturday night, and from there its games go to CBS Sports Network, NFL Network, and TNT.

But as of Saturday morning, the average NFL fan is still completely unaware of it.

Luckily, Ebersol tells Yahoo Finance, “Our business model doesn’t require Day 1 success.”

Christian Hackenberg (No. 14), quarterback for the Memphis Express, throws it in an AAF preseason game against the Salt Lake Stallions at the Alamodome on January 27, 2019 in San Antonio, Texas. (courtesy: Alliance of American Football)
Christian Hackenberg (No. 14), quarterback for the Memphis Express, throws it in an AAF preseason game against the Salt Lake Stallions at the Alamodome on January 27, 2019 in San Antonio, Texas. (courtesy: Alliance of American Football)

Not trying to compete with the NFL

Super Bowl 53 was the lowest-rated Super Bowl since 2009, with around 98 million viewers. But a disappointment for the NFL is a ratings bonanza for any other live television event. 98 million people is a massive number. And Ebersol has a stat he likes to cite in every single media appearance he does: an estimated 80 million people stop watching live sports on TV entirely after the Super Bowl.

If the AAF can get even a small piece of that pie, it’s a start. Ebersol talks like he’d rather the numbers not be massive right off the bat. CBS announcers have given brief verbal promos for the AAF during NFL broadcasts in the playoffs, but otherwise the AAF has not done aggressive marketing of any kind.

“The thing we didn’t want to do is what my dad and Vince [McMahon] did 17 years ago [with the XFL], which was start hammering promos seven months before the XFL,” Ebersol said on this week’s episode of the Yahoo Finance Sportsbook podcast. “You pound people with it too much and at a certain point in time their expectation is so out of whack... My dad’s favorite story to tell about the XFL is they did testing the week of the first game, and something like 60% of people answered that they thought defensive players would be allowed to bring folding chairs on the field to hit the offense with, based on the promos.”

Of course, past attempts at alternate football leagues have failed again and again. The USFL lasted just three seasons, from 1983 to 1985. The XFL lasted one season, in 2001.

But those leagues tried to take on the NFL. “The nuance between us and everyone who’s attempted to do this before, and who’s talking about doing it now, is that we’re doing this largely in partnership with the NFL,” Ebersol says. When the NFL season ends, the AAF begins—and the NFL Network is a broadcasting partner.