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Who Owns The Cleveland Browns?

Who Owns The Cleveland Browns?

So, who owns the Cleveland Browns? The current owner of The Cleveland Browns franchise is Jimmy Haslam, who purchased the team in 2012 from Randy Lerner for $987 million dollars. Under his ownership, the team only made the playoffs one time which was in 2020. Prior to purchasing the Browns, Haslam was the CEO of Pilot Flying J, a truck stop chain. He is also a minority owner of the Pittsburgh Steelers.

As of the 2023-2024 season, the Cleveland Browns are worth $5.15 billion, according to Forbes. This makes them the 19st most valuable franchise in the National Football League (NFL).

Where Do The Browns Play Their Home Games?

FirstEnergy Stadium, located in Cleveland, Ohio, is the home of the Cleveland Browns of the National Football League (NFL). It opened in 1999, sits on 31 acres (13 ha) of land, and has a seating capacity of 67,895.

The stadium is principally designed for football; it features an open-air design with a natural grass playing surface. The layout includes four main concourses that surround the playing field and numerous suites and club seats. FirstEnergy Stadium also features several unique outdoor amenities, including a large video board in the south end zone and a waterfall display in the north end zone.

About The Cleveland Browns Franchise

The Cleveland Browns are a professional American football team based in Cleveland, Ohio. The Browns compete in the National Football League (NFL) as a member club of the American Football Conference (AFC) North division. The team’s official colors are brown, orange, and white. They are unique among the 32-member franchises of the NFL in that they do not have a helmet logo.

Since its founding in 1946, the Cleveland Browns have been one of the most storied franchises in NFL history. The team has won eight league championships but has never appeared in the Super Bowl. The Browns have also had some of the greatest players in NFL history, including Hall of Famers Jim Brown, Otto Graham, Lou Groza, and Ozzie Newsome.

The Browns have suffered a string of losing seasons and were beset by off-field controversies. In 1995, Modell announced his intention to relocate the team to Baltimore. The move was met with intense public backlash, and the Browns were eventually allowed to stay in Cleveland on the condition that they would build a new stadium.

The team’s fans are known for their loyalty and passion and continue to support the Browns through thick and thin.

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