Current:Home > MyBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -Visionary Growth Labs
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-13 01:16:13
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! (84)
Related
- Rylee Arnold Shares a Long
- Elon Musk’s Daughter Vivian Responds to His Comments About Her Transgender Identity
- Olympics 2024: Lady Gaga Channels the Moulin Rouge With Jaw-Dropping Opening Ceremony Performance
- Padres' Dylan Cease pitches no-hitter vs. Nationals, second in franchise history
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Texas woman’s lawsuit after being jailed on murder charge over abortion can proceed, judge rules
- Celine Dion makes musical comeback at Paris Olympics with Eiffel Tower serenade
- Judge takes final step to overturn Florida’s ‘Stop WOKE Act’
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Netanyahu will meet Trump at Mar-a-Lago, mending a yearslong rift
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Nebraska’s EV conundrum: Charging options can get you places, but future will require growth
- The Daily Money: Back-to-school financial blues
- 2024 Olympics: Get to Know Soccer Star Trinity Rodman, Daughter of Dennis Rodman and Michelle Moyer
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kevin Spacey’s waterfront Baltimore condo sold at auction after foreclosure
- New Ohio law mandates defibrillators in schools, sports venues after 2023 collapse of Bills’ Hamlin
- Charles Barkley says NBA chose money over fans after Turner loses NBA rights
Recommendation
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Thieves slam truck into Denver restaurant to steal only steaks: 'It's ridiculous'
Mallory Swanson leads USWNT to easy win in Paris Olympics opener: Recap, highlights
Video shows fish falling from the sky, smashing Tesla car windshield on Jersey Shore
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
What to know about NBC's Paris Olympics Opening Ceremony plans and how to watch
Why Ballerina Farm Influencer Hannah Neeleman Rejects Tradwife Label
Judge takes final step to overturn Florida’s ‘Stop WOKE Act’