The United Football League cut short its fourth season on Saturday, citing the high cost of workers’ compensation insurance. Media reports, however, said the league has been losing money since it launched in 2009 and workers’ compensation costs are just a small fraction of the UFL’s financial difficulties.Paul Pelosi, owner of the Sacramento, Calif., franchise and one of the primary investors in the league, told the Omaha World-Herald that the high cost of workers’ compensation insurance created the league’s financial problems.Pelosi did not elaborate on the natur...
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