Cleveland Browns to Relocate to Brook Park, Build $2.4 Billion Domed Stadium
The move, confirmed by team owners, comes after failed negotiations with Cleveland to renovate the existing lakefront stadium.
- The Browns' new stadium in Brook Park will be part of a larger entertainment district, aiming to attract year-round events.
- Cleveland Mayor Justin Bibb expressed disappointment, highlighting the city's efforts to keep the team and the potential economic impact on downtown businesses.
- The team's current lease at Huntington Bank Field expires in 2028, after which the relocation is expected to take place.
- The Haslam Sports Group, owners of the Browns, decided against a $1.1 billion renovation plan for the existing stadium offered by the city.
- Funding for the new stadium involves a proposed public-private partnership, with the Browns seeking public bonds to cover part of the costs.