Joe Moglia, chairman of TD Ameritrade and a former college coordinator who last coached football on a paid basis in the 1980s, was given the head coaching position at the behest of league commissioner Michael Huyghue in November 2010; Williams had no input on the hire. However, in January 2011, the league announced Moglia would instead coach the Omaha Nighthawks.
Meanwhile, on January 12, 2011, the league announced that the Tuskers had ceased operations in Orlando and moved to Virginia, with Jay Gruden remaining as the Destroyers' coach. Bret Munsey, the Tuskers' director of player personnel, assumed authority over player personnel upon Williams' resignation. Theismann, a minority owner of the team in Florida, was relegated to being a consultant for the league but eventually left that role, expressing disgust in the way he was treated by the league's ownership during his time as the Tuskers' director of football operations. In February 2011, Gruden was hired by the Cincinnati Bengals of the NFL as their offensive coordinator.
On July 28, 2011, after unsuccessfully searching for another investor to replace the departures of Speros and Theismann, Bill Mayer was installed as owner of the Destroyers. Mayer had previously owned the New York Sentinels/Hartford Colonials in the UFL; that team was suspended at the same time (and eventually folded outright prior to the 2012 season). The league confirmed the contraction of the Colonials on August 10 and Mayer was installed as Destroyers' owner September 7.
After a promising 2011 season in which the Destroyers drew over 12,000 fans to all three home games, attendance plummeted in 2012, prompted in part by uncertainty over whether the league would even play their 2012 season. The team's second home game was so poorly attended that the league refused to release an attendance total for the first and only time in league history. On the field, the team's performance also suffered, tying for last place in the league at the time of the league's suspension