With our economy in free fall, I can’t think of a better time for someone to invest $60M in a team in a new pro football league. You?

(Last forensic evidence that USFL ever existed - video after jump)

SPORTS BUSINESS DAILY notes today, “the UFL (United Football League), which was hoping to have already unveiled its owners, now expects to do so by early next year, just months before the planned inaugural season. Owners must commit to invest between $30 million and $60 million in their franchises.”

More:

“I’d like to have them now,” said UFL Commissioner Michael Huyghue during an interview last week. “I feel good about four of the groups.”

He declined to identify any of the parties targeted for ownership.

I reiterate, this news came out TODAY. And it somehow gets better! Read more…