Originally written on Pro Sports Daily  |  Last updated 11/19/14
The sale of the Cleveland Browns from Randy Lerner to Jimmy Haslam was announced Thursday with a price tag in excess of $1 billion, including an initial payment of $700 million due this week. The sale must be approved by NFL owners and a special session could be called in August if the league doesn't want to wait until a scheduled meeting in October. "This is a very exciting time for my family and me," said Haslam. "To own such a storied franchise as the Cleveland Browns, with its rich tradition and history, is a dream come true. We are committed to keeping the team in Cleveland and seeing it get back to the elite of the NFL – something all Browns fans want and deserve. "We plan to bring relentless dedication and hard work to every aspect of this organization, and we look forward to getting to know this team and community as quickly as possible. Our family is committed to becoming an integral part of the Cleveland community. We also want to thank Randy Lerner for his frien...
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