1.) Create a second "User Settings" Profile from the User Settings that you are currently using.
2.) Create a 32 team Franchise assigning your Primary User Settings Profile to all of the teams except one of them. To this team you assign the second "User Settings" profile you created in step one.
4.) Start Franchise.
5.) Before each game go to:
OPTIONS/USER SETTINGS/SET TEAM ASSOCIATIONS/SETTINGS FILE ASSOCIATION
6.) Now assign the second controller User Settings Profile you created to the other team you are playing against in the game you are about to play.
7.) Go to:
HOME/NEXT GAME.
Before the game starts, slide your controller over to your team, and slide the other controller over to the opponents team. You will see that controller will be named whatever you named the second user settings profile you created in step one.
8.) PLAY BALL!