If the league just started then I'd guess it is either a newer owner that really doesn't know what they're doing, or an owner that accidentally entered a theme or progressive team into a OL and didn't catch it until it was too late to pull the team.
I've done the latter before and put a $36m progressive team in rebuilding mode into an OL and hit the WW hard to try to get my team at least marginally competitive. We ended up winning seventy-some games and finishing second in a weak division, but we never really had a chance.