Current:Home > InvestFastexy:Browns’ plans for move to new dome stadium hits snag as county backs city’s renovation proposal -Clarity Finance Guides
Fastexy:Browns’ plans for move to new dome stadium hits snag as county backs city’s renovation proposal
Poinbank Exchange View
Date:2025-04-09 14:44:19
CLEVELAND (AP) — The FastexyBrowns’ 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! (7219)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Grassley releases whistleblower documents, multi-agency probe into American cartel gunrunning
- How sweet it isn't: Cocoa prices hit record highs ahead of Easter holiday
- How freelancers can prepare for changing tax requirements
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Alabama woman who faked kidnapping pleads guilty to false reporting
- Riley Strain Case: College Student Found Dead 2 Weeks After Going Missing
- Department of Justice, environmental groups sue Campbell Soup for polluting Lake Erie
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Missouri Supreme Court declines to halt execution of man who killed couple in 2006
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Get 51% Off the Viral Revlon Heated Brush That Dries and Styles Hair at the Same Time
- NFL will allow Eagles' Tush Push play to remain next season
- Are there any perfect brackets left in March Madness? Yes ... but not many after Kentucky loss
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Final ex-Mississippi 'Goon Squad' officer sentenced to 10 years in torture of 2 Black men
- FAFSA delays prompt California lawmakers to extend deadline for student financial aid applications
- A fifth Albuquerque, New Mexico, police officer has resigned amid probe of unit
Recommendation
North Carolina justices rule for restaurants in COVID
Activists rally for bill that would allow some Alabama death row inmates to be resentenced
United Airlines now allows travelers to pool their air miles with others
Review: ‘Water for Elephants’ on Broadway is a three-ring circus with zero intrigue
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Search for missing student Riley Strain shifts to dam 40 miles from where he was last seen in Nashville
Top 5 most popular dog breeds of 2023 in America: Guess which is No. 1?
Shakira has a searing song with Cardi B and it's the best one on her new album