Cleveland Approves $100M Browns Exit Deal, Team Set to Leave Downtown After 2028

5 minutes ago

Cleveland Approves $100M Browns Exit Deal, Team Set to Leave Downtown After 2028

Cleveland approved a $100M exit deal, clearing the Browns to leave downtown after 2028 for a $2.4B Brook Park stadium. It will be backed by $600M in state funds. The Haslams will pay $100M for demolition, $25M upfront, $25M in community benefits, and $5M annually through 2033 as lawsuits are dropped and the lakefront site prepared for redevelopment.

By Sauvik Banerjee

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