Owners representing six major U.S. women's soccer teams have signed letters of intent to become charter members of a new professional women's soccer league.
Melissa Block talks with Tonya Antonucci, CEO of the Women's Soccer Initiative, Inc., and Julie Foudy, midfielder for the U.S. women's national soccer team from 1987 through her retirement in 2004.
The announcement of a new league comes on the same day that two stars of American women's soccer were elected to the Soccer Hall of Fame. Mia Hamm and Foudy will be officially inducted later this year.
The latest women's league — the Women's United Soccer Association — folded in 2003 after losing nearly $100 million, despite the star power of players including Hamm and Foudy.
Antonucci says the key to success is to run this league more efficiently than the WUSA.