Change Of Ownership: The Cleveland Browns Are Up For Sale

Photo Credit: Erik Daniel Drost

Since the year 2000, the Browns have had only two winning seasons [2002 and 2007]. In 2002, Cleveland had a record of 9-7 and managed to make the playoffs for the first time since 1999.

Year 2007 was even better. Led by head coach at the time, Romeo Crennel, the Browns posted a 10-6 record, but despite the great achievement, the team was not able to make the playoffs. Cleveland was the only team during that year that had more than nine wins, but was not able to get into the dance.

The hardships for a franchise, most especially for the owner could sometimes be exhausting throughout the years. This seems to be the case in Cleveland at this moment as current owner, Randy Lerner has decided to finally call it quits and give up the controlling interests of the team to American businessman/CEO of Pilot Corporation, Jimmy Haslam.

Browns executive, Mike Holmgren has also confirmed the situation. With everything going on, the Browns plan to make this transition with the team not having to leave Cleveland.

“The Cleveland Browns are not going anywhere,” Holmgren said. “All the stars aligned on this one.”

Below is the full statement from Brown’s owner, Randy Lerner.

“In connection with current rumors and press inquiries, I can report that I’ve been approached by Mr. Jimmy Haslam, who is interested in making an investment in the Cleveland Browns. We are currently in negotiations and both sides have agreed to keep that dialogue and its details private. Given that any transaction would require League approval, care has been taken so that this process will not be disruptive to the organization, in particular the football team, as it prepares for the upcoming season. We will share further details or make an announcement if it becomes necessary.”

Simply put, it’s a done deal.

Sources: Adam Schefter/Who Say, Sporting News, Cleveland Browns