Looks like you can still create leagues this year.
"A: One of the newer highlights of the game (along with weekly prizes), the League creation adds an exciting element to the game no matter where you rank in the overall standings. During the signup process, every player will have the option to create their own league in which they can compete against friends, co-workers, etc. Basically, you will be able to invite as many people as you want to join your league by simply inputting their email addresses in the appropriate box. Once they accept, all the people in your league can track their rankings and view other league members stables (see rules LINK) within the league each time they log in to the game. This is a great new addition to the game; even if you find yourself far out of first place overall, you still could be doing much better than everyone in your league, earning bragging rights over your co-workers, family, or friends."
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