It’s Official: Randy Lerner Sells the Cleveland Browns for $1 Billion to Pilot Flying J CEO Jimmy Haslam III

New Cleveland Browns Owner Jimmy Haslam III

By Mary Kay Cabot

The Cleveland Plain Dealer

www.cleveland.com

BEREA, Ohio – The Cleveland Plain Dealer has confirmed that the sale of the Cleveland Browns to the ownership group of Jimmy Haslam III is now official.

The deal reportedly is in excess of $1 billion. It has been previously reported that Haslam’s group would purchase 70 percent of the team, with Randy Lerner maintaining a 30 percent ownership.

Haslam is the president and CEO of Tennessee-based Pilot Flying J, the largest owner of travel centers in North America and the brother of Tennessee Governor Bill Haslam.

READ REST OF STORY HERE:

http://www.cleveland.com/browns/index.ssf/2012/08/cleveland_browns_sale_to_jimmy.html

 

 

Posted in Bengals GameDay, Browns GameDay, Cincinnati Bengals, Cleveland Browns, Featured, General, NFL Football |

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

McDonalds: I'm lovin' it
Volunteer Energy