Overview

• Charles Woodson, Pro Football Hall of Famer and Fremont, Ohio native, has agreed to purchase a 0.1% stake in the Cleveland Browns, valued at approximately $5 million.
• The sale, pending NFL approval, requires Woodson to adhere to broadcasting limitations similar to those imposed on Tom Brady as a minority stakeholder in the Raiders.
• Woodson must remove his name, image, and likeness from his wine and whiskey brands to comply with NFL policies prohibiting alcohol-related endorsements by team owners.
• The Browns, valued at $5.15 billion by Forbes in 2024, remain under the control of Jimmy and Dee Haslam, who have owned the team since 2012.
• This move highlights a growing trend of former NFL players entering team ownership, with Woodson bringing symbolic ties to his home state of Ohio.