Skip to content

UFL teeters on brink of financial implosion

broken-piggy-bank-006 Getty Images

Earlier this year, it seemed likely that the UFL was done.  Now that a new season has begun, it’s death seems to be virtually certain.

Players and coaches aren’t getting paid, as explained by the Virginian-Pilot.  Said UFL president and Virginia Destroyers owner Bill Mayer:  “We understand our obligation as it relates to compensating players within the week following our games and it is our intention to honor that obligation.”

The problem, as pointed out by agent David Canter, is that Week Two games are approaching, and players still haven’t been paid for Week One.

“Just was told that players will play in UFL games this week but if payment isn’t in their hands by Monday all coaches and players will walk out,” Canter wrote on Twitter earlier on Wednesday.

The Virginian-Pilot also has details regarding the league’s unlikely TV deal with CBS Sports Network.  As expected, CBS is paying nothing for the rights to televise the games.  As not expected, the UFL must pay all production costs (roughly $150,000) up front, before each game.

So CBS is getting paid its money to televise games for which the players don’t get paid until some point after the games are played, if at all.

Basically, it’s a joke and an embarrassment.  And it’s time for the UFL to go away.

In our mind, it already has.  We won’t be mentioning the UFL again until the time comes to officially pronounce it dead.

So, basically, we may be mentioning the UFL again next week.

Permalink 29 Comments Feed for comments Latest Stories in: Home, Rumor Mill
29 Responses to “UFL teeters on brink of financial implosion”
  1. stangz11 says: Oct 3, 2012 7:58 PM

    The UFL president is an idiot. Why would you waste all the players and coaches time with a season when you know full well you’ll never get the revenue to pay them. Just sad..

  2. thesheriffisnear says: Oct 3, 2012 8:00 PM

    UFL?…I thought they already were dead

  3. fitzmagic1212 says: Oct 3, 2012 8:01 PM

    why wouldnt these owners just make an nfl europe?

  4. Stiller43 says: Oct 3, 2012 8:11 PM

    Whats a “ufl?”

  5. nyyjetsknicks says: Oct 3, 2012 8:13 PM

    UFO? Aliens are scary!

  6. jimnaizeeum says: Oct 3, 2012 8:16 PM

    Bummer…I watch the UFL every week….what days do they play?

  7. petehemlock says: Oct 3, 2012 8:21 PM

    They should vary the third word from league to assoc or org because NFA or NFO sound more legit than UFL which sounds like a lame imitation league. U is generally a negative as most words beginning with U are Un- or Under- and it’s a pretty passive sound. Try DNFL (developmental) as a non-NCAA route to NFL with players’ ages ranging from 18-50 and up. UFL makes me think of American Gladiators. Pay the players and coaches.

  8. mikebrownfaux says: Oct 3, 2012 8:34 PM

    So they were paying CBS like an infomercial.. lol

  9. stunzeed5 says: Oct 3, 2012 8:35 PM

    What are they going to do with all that excess lingerie?

  10. Legion Of Boom says: Oct 3, 2012 8:37 PM

    PFT is not amused…

    Could have been a descent league if it wasn’t run by a bunch of morons. You don’t screw the investors. You don’t screw the fans. You don’t screw the players and coaches.

  11. northshorejag says: Oct 3, 2012 8:53 PM

    Teeters

  12. monkeyhateclean says: Oct 3, 2012 9:04 PM

    How sad. Without the UFL, where are the classy, reputable players such as Maurice Clarett and “Big” Mike Williams supposed to ply their trade? The sexist Lingerie Football League has already turned them down!

  13. Punk says: Oct 3, 2012 9:46 PM

    This article could have been written this year, last year… the year before.

    This league has struggled to pay its bills always.

  14. thegreatgabbert says: Oct 3, 2012 10:06 PM

    “We would be happy to pay you hamburgers next Tuesday for the egg you laid today. Or is it the egg you laid last week? Anyway…….”.

  15. kvh59 says: Oct 3, 2012 10:24 PM

    NFL should step in and take over and finally produce a real minor league.

  16. FinFan68 says: Oct 3, 2012 10:59 PM

    Horrible business model. The USFL did it better in its infancy…until they tried to go toe-to-toe with the NFL, and that is what the UFL did from the start. A short season from mid February and ending with a championship game mid August would capture a bit more fan interest in the football vacuum of the off-season.

  17. granadafan says: Oct 3, 2012 11:21 PM

    The NFL needs a “minor league” for players. No, college is not a minor league as players are done after about 4 years or so. Players are in their prime athletically with nowhere to go if they can’t make an NFL team. It’s in the NFL’s best interest to finally invest in a league much the same way the NBA finally did with the D League.

  18. realfann says: Oct 3, 2012 11:35 PM

    Explosions go bang.

    Do implosions go gnab?

  19. greyhawk9 says: Oct 3, 2012 11:39 PM

    by far my favorite football league! Stadiums packed with twelves of people….sub practice squad talent..washed up old coaches…..what could be better??

  20. greggyd717 says: Oct 4, 2012 12:00 AM

    May have actually worked had they decided to make this a spring league rather than going head to head against the NFL. Think about it, you have guys battling during spring ball and can then get looks from NFL squads once training camp rolls around. Sure, the players would be exhausted, but their dream is to play in the NFL so you know that they would give it their all. It would be watched more because people have a desire to watch the game year round. In addition if you can see your favorite former college players and/or guys that your favorite NFL squad might pick up, it might be all the more enjoyable. As we learned from the USFL, you can’t go head to head with the NFL in the fall.

  21. bluefunk72 says: Oct 4, 2012 12:09 AM

    After the NFL lockout ended, I didn’t pay UFL any attention! Almost forgot they still existed!

    Apparently so did their president!

  22. kane337 says: Oct 4, 2012 12:23 AM

    That’s too bad. I was hoping they would succeed when they first started this.

  23. thetooloftools says: Oct 4, 2012 1:51 AM

    The UFL is a respected version of nothing.

  24. tannethrill says: Oct 4, 2012 8:43 AM

    Tried to be too big too fast and made bad PR along the way.

    One day someone will create a league that will compete on a low level regionally with the NFL.

    The draw will be the hits since the NFL is watering down the physical nature of the game. Someone out there will eventually capitalize on the violent side of the game once the NFL has done the best they can to remove it from their product.

    Kind of like when ECW was created once the WWF became more friendly. ECW capitalized on extreme violence and was eventually purchased by the competitor.

    Film the games somewhere that you can let the game get crazy like Mexico and broadcast them on the internet.

    Name the teams without city’s of origin and fans will pick favorites without sticking to a local option.

  25. jmorand47 says: Oct 4, 2012 9:16 AM

    The truly sad part is, the NFL started the very same way. Empty stands. No fans. No interest. How many press pass did they give out for the first Super Bowl? It takes time.

    I’ve watched an UFL game. The game was very good. But why run the league in the fall? Where your smothered by the NFL. I would love to see another league prosper, but this isn’t going to work.

  26. gmen1987 says: Oct 4, 2012 10:37 AM

    If an UFL player cries in the middle of the forest after his paycheck bounces, is there anyone around that cares?

  27. gmen1987 says: Oct 4, 2012 10:38 AM

    What kind of losers, low life, and sad sacks are UFL fans?

  28. jmorand47 says: Oct 4, 2012 11:27 AM

    @ gmen1987 who wrote:

    If an UFL player cries in the middle of the forest after his paycheck bounces, is there anyone around that cares?

    and

    What kind of losers, low life, and sad sacks are UFL fans?

    ———————————————–

    Just think, back in the day NFL players had to run to the bank after practice to make sure their paychecks would clear first. Better yet, how many low-life, sad sack, loser NFL fans were there at that time? The NFL started the same way. And now your a fan. Learn your history gmen1987.

  29. thestrategyexpert says: Oct 4, 2012 12:54 PM

    Maybe the UFL should think of a way to innovate their business model such that they can have an opportunity. The NFL has never been weaker than in recent times with the turmoil surrounding negotiations for players and referees, and it’s hard to have any sympathy for the UFL if they couldn’t figure out a way to maximize their opportunity for success through repositioning their product.

    Investors should come together to create a rival league to the UFL and knock them out of the market. A really brilliant strategy could even siphon off value from the failing UFL if the timing and strategy are planned well.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!