It's been nearly 25 years since Donald Trump since Donald Trump bought the New Jersey Generals off the ill-fated USFL. Now another obnoxious mogul, Mark Cuban, is trying to start a new football league.
According to CNNMoney's Chris Isidore, "there are as many as three different groups looking at trying to start yet another league in the coming years. Two of the efforts would try to start leagues in the spring, when the NFL is in hibernation and some of the former leagues, like the USFL, briefly succeeded."
Bill Hambrecht and Cuban are looking at starting the UFL, and Cuban has argued on his blog that the league's collective bargaining agreement structure is :not designed for a competitive environment. Competition for top players, even if the UFL gets just a few, increases prices at the top end for all teams. Every star will get paid more, but still have to fit under the cap. That forces teams to use more low cost players, at the expense of signing the middle of the roster. That gives us access to quite a few very, very good NFL players ..."
Hambrecht has suggested that each team would be able to sell 1/3rd of its shares to the public through IPOs. So not only would the USFL provide opportunities for billionaires to own teams, but also average Joe's: Cool!
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Reader Comments (Page 1 of 1)
8-21-2007 @ 6:32AM
tony said...
hello am a proffessional footballer,i really need a football club in cuba am avery good footballer and will be very happy if my coment will be granted ......tony