Current:Home > reviewsBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -SecureWealth Bridge
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-14 16:06:21
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! (34)
Related
- B.A. Parker is learning the banjo
- Kansas to play entire college football season on the road amid stadium construction
- NFL mock draft 2024: Five QBs taken in top 12 picks? Prepare for a first-round frenzy.
- Four Mexican tourists died after a boat capsized in the sea between Cancun and Isla Mujeres
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Shannen Doherty gives update, opens up about undergoing 'miracle' breast cancer treatment
- Ava DuVernay gets her 'Spotlight' with 'Origin,' a journalism movie about grief and racism
- President Biden has said he’d shut the US-Mexico border if given the ability. What does that mean?
- Retirement planning: 3 crucial moves everyone should make before 2025
- Haiti pushes forward with new program to boost police department overwhelmed by gangs
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Produce at the dollar store: Fruits and veggies now at 5,000 Dollar General locations, company says
- Will Cristiano Ronaldo play against Lionel Messi? Here's the latest injury update
- Bullfighting resumes in Mexico City for now, despite protests
- Global Warming Set the Stage for Los Angeles Fires
- Our E! Shopping Editors Share Favorite Lululemon Picks of the Month— $39 Leggings, $29 Tanks, and More
- Western monarch butterflies overwintering in California dropped by 30% last year, researchers say
- Produce at the dollar store: Fruits and veggies now at 5,000 Dollar General locations, company says
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
US pilot safely ejects before his F-16 fighter jet crashes in South Korean sea
Broadway Legend Chita Rivera Dead at 91
China manufacturing contracts for a 4th straight month in January
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Bill to ban guns at polling places in New Mexico advances with concerns about intimidation
Gisele Bündchen mourns death of mother Vânia Nonnenmacher: 'You were an angel on earth'
See full Super Bowl replays on this free, limited-time streaming channel: How to watch