Current:Home > FinanceBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -AssetTrainer
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-15 08:53:16
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! (7)
Related
- The Daily Money: Spending more on holiday travel?
- China has threatened trade with some countries after feuds. They’re calling ‘the firm’ for help
- Stan Wawrinka, who is 39, beats Andy Murray, who is 37, at the French Open. Alcaraz and Osaka win
- The dreams of a 60-year-old beauty contestant come to an abrupt end in Argentina
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- What's open and closed for Memorial Day? See which stores and restaurants are operating today.
- Dallas Mavericks take control of series vs. Minnesota Timberwolves with Game 3 win
- Mother pushes 2-year-old girl to safety just before fatal crash at Michigan drag race
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Man who pleaded guilty to New Mexico double homicide is recaptured after brief escape
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Richard M. Sherman, Disney, 'Mary Poppins' songwriter, dies at 95
- Connecticut Sun star Alyssa Thomas ejected for hard foul on Chicago Sky's Angel Reese
- Why Jennifer Love Hewitt Watches Pimple Popping Videos Before Filming Difficult Scenes
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Kaapo Kakko back in lineup for Rangers, taking spot of injured Jimmy Vesey
- After a deadly heat wave last summer, metro Phoenix is changing tactics
- Cannes Film Festival awards exotic dancer drama 'Anora' top prize
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
Jason Kelce Purrfectly Trolls Brother Travis Kelce With Taylor Swift Cat Joke
Josef Newgarden wins second straight Indianapolis 500
Mike Tyson Suffers Medical Emergency on Flight to Los Angeles
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
TSA sets new record for number of travelers screened in a single day
Nicki Minaj apologizes for postponed concert after incident in Amsterdam
Kolkata routs Hyderabad by 8 wickets in Indian Premier League final, wins title for third time