Current:Home > MyBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -Momentum Wealth Path
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-16 03:37:28
CLEVELAND (AP) — As they position themselves for a possible new domed stadium, the Cleveland Browns are renaming their current one.
The NFL team on Tuesday announced a 20-year agreement with Huntington National Bank, a partnership that includes naming rights. Cleveland’s lakefront stadium will now be called Huntington Bank Field.
The Browns open the 2024 season at home on Sunday against the Dallas Cowboys.
“We are thrilled to reach a long-term partnership agreement with Ohio’s own Huntington Bank,” Browns owners Dee and Jimmy Haslam said. “Huntington Bank has a long-standing reputation of excellence and they continue to grow both regionally and nationally, while keeping their roots here in Ohio.
“Giving back to the community and a focus on education are two of the many attributes that bond our organizations, and we look forward to working with Huntington to make positive impacts in Northeast Ohio and beyond.”
Financial terms were not immediately known.
Huntington is headquartered in Columbus, Ohio. The Haslams also own the MLS Columbus Crew.
The 65,000-seat lakefront stadium had been known as Cleveland Browns Stadium after an agreement with FirstEnergy Corp. ended in 2023. FirstEnergy’s partnership with the team came under scrutiny after the utility company admitted to paying bribes to Ohio lawmakers.
The new partnership comes as the Haslams consider moving the team out of downtown and into a domed stadium. The team recently unveiled plans for a $2.4 billion dome to be built in Brook Park, Ohio. That proposal also includes retail properties and hotels.
The Haslams, who have owned the Browns since 2012, feel a new stadium and entertainment complex could lure major events like a Super Bowl, Final Fours and music acts to the city, triggering development and economic growth.
The team’s lease at its current stadium expires after the 2028 season.
The city has pushed back at those plans, arguing that moving the Browns would have a detrimental impact on downtown. The city has offered to pay roughly half of a $1.1 billion proposal to renovate the stadium, which opened in 1999 when Cleveland returned to the league as an expansion franchise.
___
AP NFL: https://apnews.com/hub/nfl
veryGood! (6766)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- WWE Wrestling Star Michael Virgil Jones Dead at 61
- Wendy Williams' publicist slams Lifetime documentary, says talk show host 'would be mortified'
- US applications for jobless benefits rise but remain historically low despite recent layoffs
- 2 killed, 3 injured in shooting at makeshift club in Houston
- The Best Posture Correctors & Posture Supporting Bras That You Can Wear Every Day
- Are you eligible for Walmart's weighted groceries $45 million settlement? What to know
- NFLPA team report cards 2024: Chiefs rank 31st as Clark Hunt gets lowest mark among owners
- The White House is cracking down on overdraft fees
- Cat Janice, singer who went viral after dedicating last song to son amid cancer, dies at 31
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Prince William and Camilla are doing fine amid King Charles' absence, experts say. Is it sustainable?
- Taylor Swift and Travis Kelce’s Romance Timeline Has New Detail Revealed
- What is IVF? Explaining the procedure in Alabama's controversial Supreme Court ruling.
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Watch live: NASA, Intuitive Machines share updates on Odysseus moon lander
- Wendy Williams' publicist slams Lifetime documentary, says talk show host 'would be mortified'
- Jimmy Butler goes emo country in Fall Out Boy's 'So Much (For) Stardust' video
Recommendation
Most popular books of the week: See what topped USA TODAY's bestselling books list
Lala Kent of 'Vanderpump Rules' is using IUI to get pregnant. What is that?
Ex-US Olympic fencer Ivan Lee arrested on forcible touching, sexual abuse, harassment charges
Nevada and other swing states need more poll workers. Can lawyers help fill the gap?
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
Alabama police find a woman dead on a roadside. Her mom says she was being held hostage.
Biden, Trump try to work immigration to their political advantage during trips to Texas
Michigan’s largest Arab American cities reject Biden over his handling of Israel-Hamas war