Following the suspension of the AFL's 2009 season, league officials and owners of af2 (which had played its season as scheduled) began discussing the future of arena football and the two leagues. With its 50.1 percent ownership of af2, the AFL's bankruptcy and dissolution prompted the dissolution of af2 as well. That league was formally considered disbanded on September 8, 2009, when no owner committed his or her team to the league's eleventh season by that deadline. For legal reasons, af2 league officials and owners agreed to form a new legal entity, Arena Football 1 (AF1), with former AFL teams the Arizona Rattlers and Orlando Predators joining the former af2.

What percent of af2 was owned by the AFL?