UFL Reduces Transfer Fee to $25,000

Filed under: UFL, FanHouse Exclusive

The United Football League has agreed to allow players wishing to sign with an NFL club to be released for a reduced fee of $25,000, a UFL source told FanHouse Thursday evening. The original fee was $150,000.

The fee may be paid either by the NFL club or by the player.

The UFL was hoping NFL teams, which have been trying out and practicing UFL players all week, would agree to pay the initial $150,000 fee. No NFL team payed the fee.

"It is surprising to me that 15 NFL clubs would bring players in for tryouts with full knowledge that a transfer fee was required to sign them and then refuse to pay the fee," UFL commissioner Michael Huyghue said in a statement on the UFL website.

"Notwithstanding, we recognize the value in sending players to the NFL and have accordingly reduced the fee to $25,000 which can be paid by the club or directly by the player."

Source: http://www.fanhouse.com/2010/12/02/ufl-reduces-transfer-fee-to-25-000/

Emma Watson Emmanuelle Chriqui Emmanuelle Vaugier Emmy Rossum Erica Leerhsen