The Continental Football League was formed in 1965 with hopes of being a "minor" league counterpart to the major leagues at the time, the NFL and AFL. The league did it's best to adopt a "professional" appearance. Rules were standardized, with 36-man rosters and 5-man taxi squads for each team. The league followed the NFL rules closely, except for a "sudden death" overtime to break ties. Teams were required to meet a $5,000 franchise fee and to post a $25,000 letter of credit. The original teams came mainly from two semi-pro leagues, the United Football League and the Atlantic Coast Football League. On the field, the Charleston Rockets finished with a perfect 14-0 record to take the Western Division by 6 games over the second place Fort Wayne Warriors (8-6), while the Toronto Rifles would take the Eastern Division with an 11-3 record over the second place Philadelphia Bulldogs (10-4). The Rockets would go on to win the 1965 COFL Championship Game 24-7 over the Toronto Rifles in front of 7,105 fans at Laidley Field in Charleston, West Virginia, November 28, 1965.