Originally posted on Fox Sports Ohio  |  Last updated 7/27/12
A minority owner of the Pittsburgh Steelers is in talks to purchase the Cleveland Browns. Browns owner Randy Lerner dropped the bombshell Friday morning that he is in discussions with Jimmy Haslam to make an investment in the Browns. Haslam is a minority owner of the Steelers, and the Steelers acknowledged the discussions but had no further comment. Lerner did not say it directly, but two league sources said logic would indicate Lerner is talking about selling the team. It would be highly unlikely and illogical that a minority owner of one team would sell his interest in the team to become a minority owner of another. Lerner's statement read: In connection with current rumors and press inquiries, I can report that Ive been approached by Mr. Jimmy Haslam, who is interested in making an investment in the Cleveland Browns. "We are currently in negotiations and both sides have agreed to keep that dialogue and its details private. "Given that any transaction would require League approval, care has been taken so that this process will not be disruptive to the organization, in particular the football team, as it prepares for the upcoming season. "We will share further details or make an announcement if it becomes necessary. The Lerner family has owned the Browns since Al Lerner brought the team back in 1999. Randy took over running the team when his died in 2002. Its tough to see the Lerners needing or wanting a minority partner, and Haslam the son of a man who built his fortune with a company called Pilot Oil in Tennessee has been a minority partner in Pittsburgh since 2008. As recently as this summer, rumors surfaced that former Eagles executive Joe Banner might be able to buy the Browns. At that time, the team released a statement saying: "The Browns are not for sale."
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