After the Frankford Yellowjackets folded a syndicate headed by Bert Bell and Lud Wray pay $25000 for the franchise for the purpose of placing a NFL team in Philadelphia. The club is christened "Eagles" in honor of the symbol of the New Deal's National Recovery Act.

On October 15th the Eagles made their debut, with Lud Wray hold the coaching reigns, in New York by getting slaughtered by the Giants 56-0. A week later they did not do much better in their debut before the home fans of Philly being shut out by the Portsmouth Spartans 25-0.

After losing to the Packers in Green Bay the Eagles finally won their first game on November 5th by beating the Cincinnati Reds 6-0 at the Baker Bowl. The Eagles would go on to finish their inaugural season with a 3-5-1 record.