Good Morning Browns fans and once again, Happy Hump Day!!!
Well there wasn’t much football news coming out of Berea yesterday, as the Browns start
preparing for their showdown with the hated Pittsburgh Steelers on Sunday.
One bit of news that did come out of Berea however, was how the stadium renovations would be paid for when they begin shortly after the Browns last home game against the Chicago Bears on Dec 15th.
The city of Cleveland will in fact, pay the Browns $2 million a year for the next 15 years as part of their new deal with the Browns.
Obviously, not off the hook from paying out-of-pocket, the Cleveland Browns will pay $120 million of their own money for the renovations as well.
The city and the Browns struck a new deal today, and according to the original lease the city of Cleveland and it’s tax players will get a little relief from the horrible deal they signed back in 1999.
According to the numbers that were crunched, the new deal is extremely complicated. In order to really make the new deal work, the city really needs to extend the sin-tax, which is set to expire in 2015.
As stated above, the city is going to put in $2 million a year for the next 15 years, which is about $30 million when all said and done. There is another $12 million on top of that, from the existing capital improvement reserve fund that will be made available to the Browns in a few years for future stadium upgrades.
So all in all, they are looking at about paying $42 million to the Browns, but according to the original lease signed in 1999, they were gonna have to pay that amount anyway, and without these new enhancements.
So at the end of the day, it seems to be a win-win situation for the city, the tax payers and of course, the Cleveland Browns.
Dawg Pound Daily Biscuits this Week
Browns coach Rob Chudzinski talking about Steelers week during an interview Tuesday. “The records and everything else kind of go out the window,” Chudzinski said Monday of this lopsided series against Pittsburgh. “We’re going to be excited. Like I said, it’s Steeler Week.”
Browns quarterback Jason Campbell on the disappointing loss Sunday, but looking past it, to the remaining games left on the schedule. “It’s very disappointing, frustrating,” Campbell said. “At the end of the day, it’s one game. We still have six more left and all of those are going to be very important. It’s all about bouncing back. Don’t beat yourselves up too hard. We’ve just got to get ready for next week.”
Random Barks in the Twitter and Facebook Pound
Power Rankings: No. 23 Cleveland Browns http://t.co/JXZxbFIG5X
— Jamison Hensley (@HensleyESPN) November 19, 2013
>As you can see in this tweet from ESPN’s Jamison Hensley, the Cleveland Browns have dropped to No.23 in the NFL power ranking after their loss to Cincinnati on Sunday.
On that interception return the Browns must have felt like they were trying to tackle Harrison on a motorcycle pic.twitter.com/h4QqMrwEA5
— Zac Jackson (@FSOhioZJackson) November 18, 2013
>After further review and another glimpse of the video, one would have to agree with Zac Jackson on his assessment of the James Harrison interception return for touchdown. Even haunting the Browns without wearing the Black and Gold!!
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