Cleveland Browns News: Stadium name change may be in the future
By Dan Justik
The Daily Dawg Tags brings you all the Cleveland Browns news you need to know.
When Al Lerner brought the Browns franchise back to Cleveland in 1999, he was able to bring the franchise back into a new stadium after the demolition of the crumbling Cleveland Municipal Stadium. When the Browns took the field in 1999, they were playing in the new Cleveland Browns Stadium.
For the first 14 years of the new stadium, the Lerner family decided to not sell the naming rights of the stadium, which was a rare decision for the ownership of a professional sports franchise. However, once Jimmy Haslam bought the team in 2012, selling the naming rights of the stadium was one of the first decisions Haslam made.
In January 2013, Haslam sold the naming rights to local company, FirstEnergy. Starting in the 2013 season, the Cleveland Browns have been playing in FirstEnergy Stadium. However, eight years into a 17-year deal, the Browns may start looking for a new company to take over the naming rights.
Today’s featured article discusses how FirstEnergy being in legal trouble could cause the Browns to look elsewhere for the stadium’s naming rights.
Cleveland Browns News
"FirstEnergy, which agreed to a 17-year, $102 million deal in 2013 to purchase the naming rights of the previous Cleveland Browns Stadium, is the “Company A” referred to in the $60 million federal racketeering case."
With the federal racketeering case just starting to take shape, the Browns may decide to see how things play out before cutting the naming rights deal short. However, it would not be surprising to see the organization make a quick change if things take a turn for the worse for FirstEnergy.
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