But there's no money in it for the guys funding it. The CFL failed. The XFL failed. The AAF failed. The XFL 2.0 looks like a ööööing joke and I have no doubt it too will fail. I think even Arena Ball failed.
I don't want to watch kids not good enough or old enough to play in NFL play in a goofy wannabe league for the Baltimore Who-gives-a-öööös or the Toledo Dildos or Cleveland Browns. No one does. There's no market for minor league football, because no one wants to watch scrubs play unless its for the college team they went to, or their dad went to, or they bought a sweet Ed Hardy-style teeshirt from Wal-Mart with Hairy Dwag on it. There will never be a real market for minor league football.
Edit: Seriously, the alternatives to the NFL are so bad that neither of us realized the AFL still exists and that the league that died was the AAF.