With the sale of the Cleveland Browns now apparently imminent, it looks as if current majority owner Randy Lerner will remain as a minority owner. Jim Donovan reported on Sunday that Lerner will continue to control as much of 30% of the franchise, meaning he will continue to hold a significant share of the team:
Browns owner Randy Lerner will retain a 30% stake in the team at the outset after he sells 70% to Tennessee businessman Jimmy Haslam III, radio play-by-play voice and WKYC sportscaster Jim Donovan reported Saturday night.
Lerner assumed ownership of the team after his father, Al Lerner, passed away in 2002. He's taken plenty of heat over the years from Browns fans -- often seen as not holding the Browns as a priority. But he's continued to profess his love for the club and he'll remain on board as a minority owner.