Editing AF2 (section)

===Dissolution===
For legal purposes, the league was effectively dissolved on September 8, 2009, when no team submitted the paperwork to return in 2010.  Since the original AFL had suspended 2009 operations and later suspended all operations indefinitely after declaring [[bankruptcy]], the minority owners (as the AFL owned 50.1%) of AF2 were wary of being owned by and paying money owed to the bankrupt league's creditors.<ref name=barnstormers />

The remaining teams and Board of Directors of AF2, and some former members of the AFL joined to create a new league, originally called "Arena Football One", which was announced at a press conference on September 28, 2009.  Legally, Arena Football One, later doing business as the Arena Football League, was an entity independent of the original Arena Football League and AF2 and was made up of former AFL and AF2 teams with several new (expansion) teams and one team from another league.<ref>{{cite web |url=https://www.espn.com/extra/afl/news/story?id=4512394&campaign=rss&source=ESPNHeadlines |title=Arena Football 1 to launch in 2010 |date=September 28, 2009 |access-date=September 29, 2009}}</ref>  After acquiring the assets of the former Arena Football League in a bankruptcy court sale, the new entity formally became the "new" Arena Football League.  Unlike the previous Arena Football League and AF2, the new AFL was an [[Professional sports league organization|entity-model league]] in which the league owned the individual teams and hired local management groups to operate them, rather than the traditional North American sports league model where each team is a separate business and the league is a non-profit association formed and controlled by the various team owners in order to co-ordinate and govern operations.