Overview

• Lawmakers earmarked $600 million from a new $1.7 billion Sports and Culture Facility Fund funded by state unclaimed assets.
• The Browns must place $100 million in escrow to cover potential cost overruns and pledge to repay the state from project profits.
• The $2.4 billion domed stadium is part of a broader mixed-use development aimed at driving economic growth in Brook Park.
• Cleveland Mayor Justin Bibb and Cuyahoga County Executive Chris Ronayne have opposed the funding and urged the team to remain downtown.
• Governor Mike DeWine can line-item veto the appropriation once the budget bill reaches his desk.