clock menu more-arrow no yes mobile

Filed under:

Cleveland Browns Owner Randy Lerner In Talks To Sell Team To Jimmy Haslam

Cleveland Browns owner Randy Lerner announced on Friday that he is negotiating with Jimmy Haslam to sell the team.

NEW ORLEANS - OCTOBER 24:  A helmet of the Cleveland Browns sits on the turf during pregame before playing the New Orleans Saints at the Louisiana Superdome on October 24 2010 in New Orleans Louisiana.  (Photo by Chris Graythen/Getty Images)
NEW ORLEANS - OCTOBER 24: A helmet of the Cleveland Browns sits on the turf during pregame before playing the New Orleans Saints at the Louisiana Superdome on October 24 2010 in New Orleans Louisiana. (Photo by Chris Graythen/Getty Images)
Getty Images

In what has already been an interesting and at times exciting off season for the Cleveland Browns, another big story appears ready to break. The Browns issued a release on Friday announcing that their current owner, Randy Lerner, is currently in talks with Jimmy Haslam, a current investor with their division rival, the Pittsburgh Steelers.

Both ESPN's Adam Schefter and NFL Radio's Daryl Ruiter released tweets on Friday confirming that the Browns made such a release.

An excerpt from the release reads:

In connection with current rumors and press inquiries, I can report that I've been approached by Mr. Jimmy Haslam, who is interested in making an investment in the Cleveland Browns. We are currently in negotiations and both sides have agreed to keep that dialogue and its details private. Given that any transaction would require League approval, care has been taken so that this process will not be disruptive to the organization, in particular the football team, as it prepares for the upcoming season.

Currently, all of the details are being kept private by all of the parties involved. For a story as big as this, there is certain to be some more information put out in coming days.

For more information on the Cleveland Browns, head over to Dawgs By Nature. More news and analysis on the NFL as training camps begin can be found over at SB Nation's dedicated NFL hub, as well as SB Nation's Youtube Channel:

Photographs by spatulated, Triple Tri, and chrischappelear used in background montage under Creative Commons. Thank you.