Current:Home > NewsBrowns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home -Wealth Empowerment Zone
Browns sign 20-year stadium rights deal with Huntington Bank as they position for possible new home
View
Date:2025-04-12 13:50:31
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! (5398)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- US equestrian jumping team made last-minute lineup change, and won Olympic silver — again
- 6 people, including 4 children, killed in 2-vehicle crash in Mississippi
- Olympic badminton player offers Snoop Dogg feedback, along with insights about sport
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- 'Depraved monster': Ex-FBI agent, Alabama cop sentenced to life in child sex-abuse case
- Justice Department sues TikTok, accusing the company of illegally collecting children’s data
- Tulsa commission will study reparations for 1921 race massacre victims and descendants
- Hidden Home Gems From Kohl's That Will Give Your Space a Stylish Refresh for Less
- US equestrian jumping team made last-minute lineup change, and won Olympic silver — again
Ranking
- Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
- Why Amazon stock was taking a dive today
- The Most Instagram-Worthy Food & Cocktails in Las Vegas
- AP Decision Notes: What to expect in the Kansas state primaries
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- All-Star Freddie Freeman leaves Dodgers to be with ailing son
- Doomed: Is Robert Downey Jr.'s return really the best thing for the MCU?
- Who is Yusuf Dikec, Turkish pistol shooter whose hitman-like photo went viral?
Recommendation
Golf's No. 1 Nelly Korda looking to regain her form – and her spot on the Olympic podium
New sports streaming service sets price at $42.99/month: What you can (and can't) get with Venu Sports
Kate Douglass 'kicked it into high gear' to become Olympic breaststroke champion
Los Angeles Chargers QB Justin Herbert to miss most of training camp with plantar fascia
From bitter rivals to Olympic teammates, how Lebron and Steph Curry became friends
New York politician convicted of corruption to be stripped of pension in first use of forfeiture law
AP Decision Notes: What to expect in Michigan’s state primaries
Maren Morris says 'nothing really scares me anymore' after public feuds, divorce