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 As a result, the Herlev Hornets and the Rungsted Cobras have withdrawn from the league, reducing the number of active teams from 10 to 8.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:
“The principle office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–117)
“Three million of such stones would be needed before the work was done. Three million stones of an average weight of 5,000 pounds, every stone cut precisely to fit into its destined place in the great pyramid. From the quarries they pulled the stones across the desert to the banks of the Nile. Never in the history of the world had so great a task been performed. Their faith gave them strength, and their joy gave them song.”
—William Faulkner (1897–1962)
“History takes time.... History makes memory.”
—Gertrude Stein (1874–1946)