Any new league needs to create a strong direction both on and off the field and that must come from the founders. Given the ability to create a frame work for proper management and league direction the League office should be able to generate significant enough revenue BOTH for its own use and for equal distribution downstream to franchisees.
The current situation of no league income of any meaningful amount is a result of the leadership's inability to market the league as a whole. The league office is completely reliant of the annual renewal fee from the franchises to support its operation. The payment is not one teams can afford and one that further hamstrings the team's ability to perform.
Further, the entry fee for new teams is not in keeping with the stability of the league (lets face it there is no stability and that was proven a year ago and reinforced this year) and puts an artificial value on the worth of a franchise. In my opinion the gig is up as dominos began to fall as the Rebellion left, Revolution walked away from the table, the Bandits owner withdrew support and the franchise sold for a $1 to the City. Enter 2017/18 the Charge leave because their success was under attack from the league, the Dawgs depart due to the League's direction and the Racers are basically forced out of business...again by the League.
Any new League formation must quickly over come the perceived instability caused by the NPF. This will not be easy but can start with a responsible and reasonable approach to team formation and costs, something completely lost on the NPF. There is no point in draining a team's bank account before they open the doors and then be surprised when they struggle.
Finally, the new League MUST better align itself with the incumbent travel ball organizations across the US and Canada. That is where the best fans are found and those that now drive the popularity of NCAA/NJCAA/NAIA. To ignore and not capitalize on this wave of popularity will eventually put it in the same position as NPF today.