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Jimmy Haslam buys Cleveland Browns for $1 billion

Posted: Thu Aug 2, 2012 6:08 pm
by HMFFL
Randy Lerner has sold the Browns to Tennessee businessman Jimmy Haslam for more than $1 billion.
Since the Lerner family acquired the Browns in 1999, they've gone 59-117 (.335) and posted a winning record twice. Haslam is the CEO of Pilot Flying J and previously was a minority Steelers investor. At that time, he described himself as "1,000 percent" a Steelers fan. Ex-Eagles president Joe Banner is reported to be among the purchasing group, which could lead to Mike Holmgren's exit.
Source: Adam Schefter on Twitter / Rotoworld.com