Update: "After further research into this alleged news, we here at Philly Sports
Live have found out that the source from which the previous information
was received was not reliable and that the information was false. We
apologize to the United Football League and it’s community for releasing
this FALSE information. We strive to provide the most factual and
accurate sports news as possible and today, we got it wrong."
According to Philly Sports Live, the UFL has decided to fold up for good after only four weeks of the 2012 season.
The league, which faced financial obstacles ever since its 2009 inception, had a deal with CBS Sports in place, but with four football teams in non-traditional markets and flagging interest from the public, it was only a matter of time before the end.
Teams in Las Vegas, Sacramento, Omaha and Virginia Beach won't get to complete a season which was scheduled for eight weeks of regular season through mid-November and a title game slated for December 1.
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