UFL commissioner resigns

JACKSONVILLE, Fla. (WAVY) - United Football League commissioner Michael Huyghue has resigned, effective immediately.

Huyghue was commissioner of the UFL since its inception and oversaw all three seasons of on-field competition in 2009, 2010 and 2011, a news release said.

"I am proud of the quality product we were able to put on the field and the overwhelmingly positive fan response," said Huyghue. "While new professional football leagues have struggled to find a niche historically, I believe the UFL exceeded those other attempts.

"The UFL has experienced significant funding issues and at this juncture it seems most prudent that I step aside while the owners work to raise the necessary funds to conduct a fourth season," Huyghue continued.

The UFL announced that it is currently revising its business model and strategy for the upcoming 2012 season and will announce details of future plans in the coming months.