History
The name is a result of a sponsorship deal with a Danish bank Arbejdernes Landsbank. It is also known as Superisligaen or Eliteserien, which is the name used in the past and in times where no naming rights agreement is in place.
In the past, the league has consisted of as many as 10 teams. Despite the introduction of a salary cap as well as a limit to the number of import players allowed, several teams have struggled financially in recent years. As a result, the Herlev Hornets and the Rungsted Cobras have withdrawn from the league, reducing the number of active teams from 10 to 8. Teams from the second tier league were offered the empty spots, but no team were able to accept the offer, citing financial issues as their main concern.
Read more about this topic: AL-Bank Ligaen
Famous quotes containing the word history:
“It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.”
—Francis Bacon (1561–1626)
“The whole history of civilisation is strewn with creeds and institutions which were invaluable at first, and deadly afterwards.”
—Walter Bagehot (1826–1877)
“Psychology keeps trying to vindicate human nature. History keeps undermining the effort.”
—Mason Cooley (b. 1927)