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Browns Owners Invest $1.75B in New Stadium

Published 2 weeks, 5 days ago
Description

Cleveland Browns owners, the Haslam family, are investing $1.755 billion in a new stadium, covering at least 67.5% of the total $2.6 billion cost. This shift from the original 50-50 split between private and public funds aims to alleviate taxpayer concerns and create a state-of-the-art, year-round venue. Public funding will come from future revenues, with groundbreaking potentially happening soon and an opening targeted by the end of the decade. This significant commitment sets the stage for a modern stadium that could redefine the teams home for years to come.

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