The UFL unexpectedly canceled its final two regular-season weekends, due to a chronic inability to make ends meets. And one of the apparent strategies for keeping the doors open as possible -- i.e., not paying the bills -- could cause the whole thing to collapse, quickly.
According to FirstCoastNews.com, UFL Chief Operating Officer Bill Peterson filed suit against the league last month, claiming that he is owed more than $110,000 in unpaid salary.
UFL spokesman Michael Preston told FirstCoastNews.com that the matter has been settled. The lawsuit reportedly remains open, which isn’t an uncommon phenomenon. It often takes a month or longer for a settlement to progress from agreement in principle to a formal dismissal of the case.
It appears that Peterson’s lawsuit was filed after he pursued the matter through arbitration. The lawsuit was aimed at requiring the UFL to set aside enough money now to satisfy any arbitration award, based on Peterson’s contention that the UFL won’t have the assets when the arbitration is resolved.
Given that this claim is coming from a guy who has been in a key management position with the UFL, it’s a strong sign that the end is near.
