Hut, hut, what?
It doesn’t seem like a good time to start a professional sports league, but Nancy Pelosi’s husband thinks it is. The United Football League said today it will start playing in October. The House Speaker’s husband, Paul, is a major investor. So is Google executive Tim Armstrong and investment banker Bill Hambrecht. I suppose these people think competing with the NFL in the fall is easier than oh, I don’t know, playing the stock market? Hmmm. Tough call. Actually, the UFL isn’t really trying to compete. It believes there’s a separate market for this league.
Tickets will go for about $20. There will only be four teams to start, and they’ll play in seven cities: New York/Hartford, Las Vegas/Los Angeles; San Francisco/Sacramento; and Orlando.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.