One silver lining to the possibility of no NFL football in 2011 comes from the presence of UFL football.
If the UFL doesn’t evaporate like a puddle of gin on hot asphalt. (We doubt that you’ll ever encounter a puddle of gin on hot asphalt, but if you ever did we suspect it would evaporate fairly quickly.)
The Las Vegas Review-Journal recently reported that UFL Commissioner Michael Huyghue said the league lost $45 million to $50 million in 2010, and that the UFL owes $6 million. But that’s not the biggest news.
Some of those debtors are current and former league employees. Former Las Vegas Locomotives P.R. Jeff Mackel, who said that he still has not received $5,600. “It has put me in a difficult situation,” Mackel told the Review-Journal. “I’m pretty much through my savings. I’ve got bills piling up. I e-mailed Michael Huyghue and he told me that the league was having some financial problems but he would take it up with accounting.”
And that’s not the biggest news, either. Here’s the biggest headline. One of the league’s owners has fired a shot at the league office, over which Huyghue presides.
“You didn’t know who was owed what,” Bill Hambrecht said. “But that’s all changed. Now the teams will directly pay their bills.”
Huyghue also said that the league will lose $7 million this year. Per team. Which means that the league will lose $35 million.
Why do we have a feeling that this whole league was concocted to help some really rich guy show heavy revenue losses for tax purposes?
And why do we have a feeling that Huyghue is alot closer to the end of his tenure as UFL Commissioner than the beginning?