Charles Woodson Joins Cleveland Browns as Limited Partner
NFL Hall of Famer and Ohio native becomes the Browns’ first minority owner since 2012 with a 0.1% stake approved by the league.
Overview
- Charles Woodson has officially acquired a 0.1% minority stake in the Cleveland Browns, valued at approximately $5 million.
- The NFL approved Woodson's ownership interest during its spring meetings in Eagan, Minnesota, earlier this month.
- This marks the first non-controlling minority stake in the Browns since the Haslam family purchased the team in 2012.
- Woodson, a Pro Football Hall of Famer and Fremont, Ohio native, expressed pride in joining the Browns and contributing to the team's future.
- Under NFL rules, Woodson must adhere to broadcasting restrictions and adjust branding for his wine and spirits ventures.