Current:Home > InvestBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -ProsperityStream Academy
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-12 00:42:51
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! (4)
Related
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Megan Fox Ditches Jedi-Inspired Look to Debut Bangin' New Hair Transformation
- Who will advance in NHL playoffs? Picks and predictions for every second round series
- Anna Nicole Smith's Daughter Dannielynn Birkhead, 17, Debuts New Look at Kentucky Derby
- The seven biggest college football quarterback competitions include Michigan, Ohio State
- A group of Republicans has united to defend the legitimacy of US elections and those who run them
- A boy gave his only dollar to someone he mistook as homeless. In exchange, the businessman rewarded him for his generosity.
- 2024 NBA playoffs: Second-round scores, schedule, times, TV, key stats, who to watch
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Shooting suspect dies following police standoff that closed I-80 in Bay Area Friday
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Horoscopes Today, May 3, 2024
- Small anti-war protest ruffles University of Michigan graduation ceremony
- All the past Met Gala themes over the years up to 2024
- Big Lots store closures could exceed 300 nationwide, discount chain reveals in filing
- Shooting suspect dies following police standoff that closed I-80 in Bay Area Friday
- Mega Millions winning numbers for May 3 drawing: Jackpot rises to $284 million
- Driver dies after crashing into White House perimeter gate, Secret Service says
Recommendation
Tony Hawk drops in on Paris skateboarding and pushes for more styles of sport in LA 2028
With a vest and a voice, helpers escort kids through San Francisco’s broken Tenderloin streets
Amber Alert issued after 2 women found dead, child injured in New Mexico park
Pro-Palestinian protests stretch on after arrests, police crackdowns: Latest updates
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Matt Brown, who has the second-most knockouts in UFC history, calls it a career
What do cicadas sound like? These noisy insects might be in your state this year
2 women found dead and 5-year-old girl critically injured in New Mexico park, police say