UFL to launch play with four franchises

Updated: August 11, 2009, 4:10 PM ET

CHICAGO -- The United Football League said Monday it will kick off play in October with a smaller slate of teams than planned due to the recession.

The four teams, which will play in seven cities in the inaugural season, is short of the six-to-eight the smaller rival of the NFL had hoped to open with, and league executives blamed the economy.

"The combination of the recession and the recent troubles on Wall Street left many investors unable to make the commitment we required for overall ...

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