Current:Home > StocksBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -Secure Growth Solutions
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-17 03:08:14
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! (472)
Related
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Funeral held for Joe Lieberman, longtime U.S. senator and 2000 vice presidential nominee
- Forever Chemicals From a Forever Fire: Alabama Residents Aim to Test Blood or Urine for PFAS Amid Underground Moody Landfill Fire
- Is apple juice good for you? 'Applejuiceification' is the internet's latest controversy.
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- 3 Pennsylvania men have convictions overturned after decades behind bars in woman’s 1997 killing
- How King Charles III Has Kept Calm and Carried on Since His Cancer Diagnosis
- Is Taylor Swift Featured on Beyoncé’s New Album? Here’s the Truth
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- HGTV’s Chelsea Houska and Cole DeBoer Reveal the Secret to Their Strong AF Marriage
Ranking
- 2024 Olympics: Gymnast Ana Barbosu Taking Social Media Break After Scoring Controversy
- Tiki torches sold at BJ's recalled after reports of burn injuries
- Flying during the solar eclipse? These airports could see delays, FAA says
- The Texas attorney general is investigating a key Boeing supplier and asking about diversity
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Funeral held for slain New York City police Officer Jonathan Diller
- New Jersey father charged after 9-year-old son’s body found in burning car
- A man suspected of holding 4 hostages for hours in a Dutch nightclub has been arrested
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
FTX founder Sam Bankman-Fried sentenced to 25 years on crypto fraud charges
Tori Spelling Files for Divorce From Dean McDermott After Nearly 18 Years of Marriage
At collapsed Baltimore bridge, focus shifts to the weighty job of removing the massive structure
Sonya Massey's family keeps eyes on 'full justice' one month after shooting
Inmate escapes Hawaii jail, then dies after being struck by hit-and-run driver
Connecticut becomes one of the last states to allow early voting after years of debate
Illinois’ Elite Eight run led by Terrence Shannon Jr., who faces rape charge, isn’t talking to media