Current:Home > StocksBrowns’ plans for move to new dome stadium hits snag as county backs city’s renovation proposal -AssetScope
Browns’ plans for move to new dome stadium hits snag as county backs city’s renovation proposal
View
Date:2025-04-11 23:37:51
CLEVELAND (AP) — The Browns’ proposal to leave the lakefront and play in a new domed stadium in Cleveland’s suburbs has hit a major snag.
In a letter sent to team owners Dee and Jimmy Haslam, Cuyahoga County officials said Sunday they’re backing a proposed $1.2 billion renovation of the team’s current stadium and are committed to keeping the NFL franchise in downtown Cleveland “for generations to come.”
Earlier this week, the team u nveiled renderings for a $2.4 billion state-of-the-art stadium and entertainment complex to be built in Brook Park, Ohio — about 15 miles south of Cleveland.
The Haslams, who have owned the Browns since 2012, believe a new stadium that could host year-round events, potentially a Super Bowl and Final Fours, would trigger development and economic growth for the entire Northeast Ohio region.
The Browns’ proposal came after the city of Cleveland submitted giving $461 million toward a massive renovation of the current 65,000-seat stadium, which was built in 1999, and the re-development of its surrounding property.
In the letter signed by executive Chris Ronayne and council president Pernell Jones Jr., the county argued that a new stadium “does not make fiscal sense” for Cuyahoga’s residents and taxpayers.
“Moreover, any proposal that would create an unacceptable risk to the County’s general fund cannot be considered,” the letter stated. “We believe it is our responsibility and in the best interests of our community to prioritize reinvestment in existing public assets.”
The Browns had no immediate response to the county’s stance.
Funding for the dome/complex project figured to be a major challenge with the Haslams proposing a 50-50 private/public partnership in the $2.4 billion project. They proposed bonds could cover the public portion with the money coming from revenue generated by the dome and its surrounding hotels and retail sites.
The Browns’ current stadium lease ends after the 2028 season. The team has played on the site since its inception in 1946.
Part of the county’s argument is that having the Browns downtown is essential to a vibrant city core, and pointed to public investments in Progressive Field, home of the Cleveland Guardians, and an expansion at the Rock & Roll Hall of Fame as signs of urban development.
“The stadium is more than just a venue. The team represents the heart and soul of Northeast Ohio, and reinforces our community’s identity and pride,” the letter said.
___
AP NFL: https://apnews.com/hub/nfl
veryGood! (77)
Related
- Highlights from Trump’s interview with Time magazine
- IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflation
- Prince Harry’s lawyers seek $2.5 million in fees after win in British tabloid phone hacking case
- Live updates | UN aid agency serving Palestinians in Gaza faces more funding cuts amid Oct 7 claims
- Buckingham Palace staff under investigation for 'bar brawl'
- Joan Collins Reveals What Makes 5th Marriage Her Most Successful
- IMF sketches a brighter view of global economy, upgrading growth forecast and seeing lower inflation
- Amazon calls off bid to buy robot vacuum cleaner iRobot amid scrutiny in the US and Europe
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Amazon calls off bid to buy robot vacuum cleaner iRobot amid scrutiny in the US and Europe
Ranking
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Man who served longest wrongful conviction in U.S. history files lawsuit against police
- The RNC will meet privately after Trump allies pull resolution to call him the ‘presumptive nominee’
- Tax filing opens today. Here's what to know about your 2024 tax refund.
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Thailand may deport visiting dissident rock band that criticized war in Ukraine back to Russia
- South Africa’s ruling ANC suspends former president Zuma for backing a new party in elections
- German president calls for alliance against extremism as protests against far right draw thousands
Recommendation
Federal hiring is about to get the Trump treatment
Georgia House votes to revive prosecutor oversight panel as Democrats warn of targeting Fani Willis
Ashley Park recovers with Lily Collins after 'critical septic shock,' shares health update
WWE's CM Punk suffered torn triceps at Royal Rumble, will miss WrestleMania 40
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
House GOP is moving quickly to impeach Mayorkas as border security becomes top election issue
Surviving Scandoval: Relive Everything That's Happened Since Vanderpump Rules Season 10
Former Red Sox, Blue Jays and Astros manager Jimy Williams dies at 80