Current:Home > MyBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -DataFinance
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-25 21:25:01
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! (525)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Neymar’s next chapter is off to a difficult start as Ronaldo and Messi continue to lead the way
- Phillies are rolling, breaking records and smelling another World Series berth
- Justice Department issues new report aimed at improving police hiring nationwide
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Pregnant Kourtney Kardashian & Travis Barker Have True Romance Date Night With Lavish Roses
- Joran van der Sloot confesses to 2005 murder of Natalee Holloway in Aruba: Court records
- Two Kansas prison employees fired, six disciplined, after injured inmate was mocked
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- EU debates how to handle rising security challenges as Israel-Hamas war provokes new concerns
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- French soccer club Nice suspends Youcef Atal for sharing an antisemitic message on social media
- Trailblazing Brooklyn judge Rachel Freier recounts difficult return from Israel
- Sen. Bob Menendez’s co-defendants, including his wife, plead not guilty to revised bribery charges
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Germany’s Deutsche Bahn sells European subsidiary Arriva to infrastructure investor I Squared
- Poland’s opposition parties open talks on a ruling coalition after winning the general election
- Not just autoworkers: Grad students make up a growing share of UAW members
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Bella Hadid Packs on the PDA With Cowboy Adan Banuelos After Marc Kalman Breakup
Widow of prominent Pakistani journalist sues Kenyan police over his killing a year ago
'The Voice': Gwen Stefani and John Legend go head-to-head in first battle of Season 24
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
New Jersey man says $175,000 in lottery winnings 'came at perfect time' for family
Spooked by Halloween mayhem, Tokyo's famous Shibuya district tells revelers, please do not come
Activists turn backs on US officials as UN-backed human rights review of United States wraps up