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A representative of the newly formed United
Basketball League is in Birmingham to locate
potential investors to financially back the
proposed team that would play in Boutwell
Auditorium. Warren Walk said, "We're talking
about something in the $50,000 to $75,000 range.
That's the cost of the franchise." According to
Walk, the total yearly operating costs would be
around $800,000.
The UBL was created by Salt Lake City
businessman Edward L. Brown. Walk said, "The new
league would be the Class AAA league of
baseball." The UBL would be considered a prime
alternative to the European leagues for some
players. The top salary for each team would be
around $30,000.
Owners are already lined up in Pittsburgh,
Albuquerque and El Paso. "We have 32 cities that
we are looking at. Cities must have a population
of 175,000 or better, and a metropolitan area of
over 250,000. They have to have a place to play
that will seat at least 5,000. We hope to have 8
teams lined up by the middle of next month.
Certainly, by the middle of June we'll know if
it's go or no-go for this coming season," Walk
said. |
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