Originally posted on Waiting For Next Year  |  Last updated 7/27/12
The Cleveland Browns have some of the most loyal and passionate fans who have helped make it one of the most valuable sports franchises in the world. The city took precautionary measures to insure that fans would be able to cheer on the Browns at Cleveland Browns Stadium for years to come. The 30-year lease to the Cleveland Browns commenced in 1999 and continues to 2029. This lease, like the prior Municipal Stadium lease, for which the City of Cleveland successfully obtained an injunction in 1995, requires the Browns to play all their regular season and playoff home games in Cleveland Browns Stadium. If this requirement is not honored, the city has legal options that could be pursued if necessary.

– Cleveland mayor Frank Jackson in an official press release regarding the potential sale of the Cleveland Browns. Browns majority owner Randy Lerner addressed his current negotiations with Jim Haslam III earlier Friday morning.

[Related: So Jimmy Haslam Could Invest in the Browns?]

(Source: WKYC)

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