In October 2008, Tom Benson announced that the New Orleans VooDoo were ceasing operations and folding "based on circumstances currently affecting the league and the team". Shortly thereafter, an article in Sports Business Journal announced that the AFL had a tentative agreement to sell a $100 million stake in the league to Platinum Equity; in exchange, Platinum Equity would create a centralized, single-entity business model that would streamline league and team operations and allow the league to be more profitable. Benson's move to shut down the VooDoo came during the Platinum Equity conference call, leading to speculation that he had folded because of the deal. COUNT 5
QSN1 What team shut down in October 2008? ANS1 New Orleans VooDoo QSN2 Who made the announcement that the VooDoo were shutting down? ANS2 Tom Benson QSN3 What business wanted to buy a stake in the AFL? ANS3 Platinum Equity QSN4 How large a stake did Platinum Equity want to buy in the AFL? ANS4 $100 million QSN5 What publication announced the Platinum Equity business deal? ANS5 Sports Business Journal