Current:Home > StocksBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -Wealth Harmony Labs
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-16 12:13:51
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! (234)
Related
- Jury selection set for Monday for ex-politician accused of killing Las Vegas investigative reporter
- Pregnant mom, husband who drowned while snorkeling in Maui, leave behind toddler son
- Bruins' Jeremy Swayman among unsigned players as NHL training camps open
- Weekly applications for US jobless benefits fall to the lowest level in 4 months
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Kaitlyn Bristowe Reveals Why She and Ex Jason Tartick Are No Longer Sharing Custody of Their 2 Dogs
- Grey’s Anatomy's Season 21 Trailer Proves 2 Characters Will Make Their Return
- People We Meet on Vacation Cast Revealed for Emily Henry Book's Movie Adaptation
- Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
- 'Survivor' Season 47: Who went home first? See who was voted out in the premiere episode
Ranking
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- See Snoop Dogg Make His Epic The Voice Debut By Smoking His Fellow Coaches (Literally)
- 2 corrections officers stabbed, 3 others injured in assault at Massachusetts prison
- Refugees in New Hampshire turn to farming for an income and a taste of home
- Matt Damon remembers pal Robin Williams: 'He was a very deep, deep river'
- South Dakota court suspends law license of former attorney general after fatal accident
- Off the Grid: Sally breaks down USA TODAY's daily crossword, It Started With the Wine
- MLS playoff clinching scenarios: LAFC, Colorado Rapids, Real Salt Lake can secure berths
Recommendation
Giants, Lions fined $200K for fights in training camp joint practices
No charges will be pursued in shooting that killed 2 after Detroit Lions game
Sam's Club workers to receive raise, higher starting wages, but pay still behind Costco
Lawsuits buffet US offshore wind projects, seeking to end or delay them
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
MLS playoff clinching scenarios: LAFC, Colorado Rapids, Real Salt Lake can secure berths
Houston officer shot responding to home invasion call; 3 arrested: Police
‘Agatha All Along’ sets Kathryn Hahn’s beguiling witch on a new quest — with a catchy new song