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The amendment would authorize the state to sell $600 million in 30-year bonds as its part of financing a domed stadium and surrounding development for the Browns in Brook Park, 12 miles outside of Cleveland.
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Gov. Mike DeWine said he hopes lawmakers will go forward with his sports facilities fund created with revenue from sports betting operators in his proposed budget.
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A month after publicly requesting a trade, Browns star Myles Garrett has signed a $123 million dollar, four-year contract extension to remain in Cleveland. It was an outcome our sports commentator Terry Pluto predicted.
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In their first public presentation to state lawmakers, the owners of the Cleveland Browns said they’ll provide some upfront cash to move the deal forward.
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The plan from the Browns' owners includes a $1.2 billion contribution from the public, which private funders would match. Private funding would also cover any overruns.
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Browns star Myles Garrett has requested a trade. Sports commentator Terry Pluto believes the request is aimed to put pressure on the Browns during contract negotiations.
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The idea of state money or state-backed bonds going into a new Browns stadium has brought three Ohio research groups into a somewhat rare moment of unity.
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The city has filed a state law suit against the Browns, invoking the Modell Law. The state law puts up obstacles for teams wishing to leave taxpayer-funded facilities.
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The Browns have insurance that protects Watson’s contract. If he's out for the season, they can recoup some money and get some salary-cap relief.
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Deshaun Watson's setback in his recovery from an Achilles injury could cost him the 2025 season, giving the Browns a chance to move on, at least on the field.