OWNERS WANTED
The UFL or United Football League is looking for investors. The new league which had planned to start games this summer has fallen behind a little with the current economic situations. They do however plan on forging ahead and getting the league started. The league is targeting a market just below the NFL. Each team will have a $20 million salary cap and a $12 million dollar floor. The NFL currently has a $117 million cap and a $100 million floor. The UFL is just looking for owners to invest to help get them on their feet.
The League is smart in that they are targeting people just under the NFL. It would be hard to start a league to rival the NFL but by starting small and building into a competitor, I think that the UFL will stand a better chance of staying afloat and not ending up like the other leagues that tried to challenge to the NFL in the years before. There will definitely be losses though so there is some risk for investors.
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If this league can ever actually take off it may just work. Football is the number one spectator sport in United States yet it lacks a minor league. There is a great deal of talent who coming out of college just isnt ready for the NFL but with some game experience could continue to grown and eventually become NFL ready. The UFL could finally be that minor league to come along and develop future NFL players. The UFL is very smart in realizing they can't compete with the NFL but will instead work with the NFL in a way by developing future NFL players and possibly creating new interest in the game of football by putting teams in markets that don't have NFL teams.