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Sports


Steelers minority owner Haslam likely wants a bigger piece of the Browns
Cleveland Mayor Jackson reminds the Browns of a locked-in lease
by WKSU's M.L. SCHULTZE
and KABIR BHATIA


Web Editor
M.L. Schultze
 
The city reminded the Browns today that they have another 17years left on their lease at Browns stadium.
In The Region:

Cleveland Browns owner Randy Lerner has confirmed he’s negotiating with Jimmy Haslam III to “invest” in the team. The question he’s not answering is whether that’s an outright sale.

But Joel Hammond of Crain’s Cleveland Business expects Haslam wants a majority – if not 100 percent -- stake in the Browns. After all, he’s already part owner of the Steelers, and Hammond says he’s not likely to want to make a lateral move.

HAMMOND: Rooney family is going nowhere

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“He owns a minority stake… with the Rooney family. They’re not going anywhere, they’re entrenched in that franchise, so it might be something where he wants a bigger stake in  team and this is the way to do it. Now he’s going to have a heck of a lot of explaining to do as you know when he gets to Cleveland.”

That’s because Haslam recently declared himself a one-thousand percent Steelers fan.

Haslam is from Tennessee and his family runs the Pilot/Flying J truck stops, the 11th largest privately held company in the country. But Hammond does not believe Haslam is likely to move the Browns, because NFL rules likely would not permit it.


Still, Cleveland Mayor Frank Jackson reminded the Browns in a press release today that their lease on Browns stadium runs through 2029, and mentioned – if need be -- the city is ready to sue to enforce that.

 



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