Jump to content




Photo

2011-2012 Official NFL Thread


  • Please log in to reply
786 replies to this topic

#781 Windu

Windu

    Shatterpoint

  • 43,198 posts
  • Joined: Apr 24, 2009
  • Name:Will
  • Fan Since:1999
  • Fav. Laker:Kobe

Posted August 02, 2012 - 02:50 PM

Browns sold for 1 Bil

http://espn.go.com/nfl/story/_/id/8225861/randy-lerner-sells-cleveland-browns-more-1b-sources-say

The Cleveland Browns have been sold by Randy Lerner to Jimmy Haslam for in excess of $1 billion, league sources said.

The sale of the Browns is laid out in two parts. Haslam will take over controlling interest of the Browns for over $700 million. Then, in the second phase of the purchase, he will pay over $300 million to complete the deal.

NFL ownership is expected to approve Haslam's purchase at its October meeting. Commissioner Roger Goodell could expedite the process by calling a special meeting, although that is considered unlikely.

The NFL helped bring Haslam to Lerner so that a sale could be completed smoothly, efficiently and with a high probability of success. Haslam had informed the league how much he wanted to buy a team, and Lerner -- who is more interested in his soccer team (Aston Villa in England) -- was interested in selling the Browns.

Paperwork between the two sides was completed Thursday morning.

Haslam is president and CEO of Knoxville, Tenn.-based Pilot Flying J, the largest operator of travel centers and travel plazas in North America with more than 550 retail locations. He is the older brother of Tennessee Gov. Bill Haslam, who also worked for the family business before he was elected mayor of Knoxville in 2003 and again in 2007, then governor in 2010.

The Browns have been owned by the Lerner family since 1999, when the franchise was reborn after the original club moved to Baltimore. The late Al Lerner, Randy's father, purchased the inactive franchise from the NFL in 1998 for $530 million.

Randy Lerner, 50, inherited the Browns in 2002 following his father's death.

Some fans have been unhappy with Randy Lerner, long criticizing him as a disengaged owner of a club that has made the playoffs just once since it was recreated.

Haslam has been a minority investor in the Pittsburgh Steelers and in a 2010 profile told the team's website that he had been a Dallas Cowboys and then an Indianapolis Colts fan. But with the Pittsburgh investment, Haslam said he had become "1,000 percent a Steelers fan." The Steelers, of course, are the Browns' chief rivals.

Haslam has begun to make plans with the Rooney family to sell the portion of the Steelers that he owns. By the time his purchase of the Browns becomes official, he no longer is expected to own the percentage of the Steelers that he controls.


Edited by Windu, August 02, 2012 - 02:51 PM.

Pau Gasol is GONE


#782 Cowboys&LakersFan

Cowboys&LakersFan

    Go Lakers!

  • 6,333 posts
  • Joined: Jul 13, 2010
  • Name:JD
  • Fan Since:1999
  • Fav. Laker:Kobe & Shaq

Posted August 06, 2012 - 06:39 PM

http://profootballta...-with-seahawks/

Posted Image
htCCl0m.png

#783 David

David

    Hall Of Fame

  • 9,245 posts
  • Joined: Dec 10, 2010

Posted August 06, 2012 - 08:00 PM

I am not sexist or trying to be one, but there shouldn't be a female reffing a NFL game.

KOBE. #VINO. BRYANT.


#784 androsays

androsays

    representing infinity with presidencies

  • 4,920 posts
  • Joined: Dec 20, 2008
  • Location:city of angels
  • Name:andro
  • Fan Since:90s
  • Fav. Laker:kobe

Posted August 06, 2012 - 08:03 PM

Whats your reason behind this opinion

2div

#785 Windu

Windu

    Shatterpoint

  • 43,198 posts
  • Joined: Apr 24, 2009
  • Name:Will
  • Fan Since:1999
  • Fav. Laker:Kobe

Posted August 09, 2012 - 01:53 PM

Packers vs Chargers at 8ET on ESPN

:rock:

Edited by Windu, August 09, 2012 - 01:53 PM.

Pau Gasol is GONE


#786 Game

Game

    Your Daddy

  • 10,876 posts
  • Joined: Sep 13, 2008
  • Location:Santa Barbara, Cali
  • Fan Since:Late '80s
  • Fav. Laker:Kobe Bryant

Posted August 09, 2012 - 05:47 PM

Packers vs Chargers at 8ET on ESPN

:rock:

i almost shed a tear

Posted Image


#787 Windu

Windu

    Shatterpoint

  • 43,198 posts
  • Joined: Apr 24, 2009
  • Name:Will
  • Fan Since:1999
  • Fav. Laker:Kobe

Posted August 09, 2012 - 05:50 PM

i almost shed a tear


me too

Pau Gasol is GONE





0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users