STATEMENT FROM BROWNS OWNER RANDY LERNER
“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. We will share further details or make an announcement if it becomes necessary.”
UPDATE I: The mayor of Cleveland has now released a statement on the matter.
UPDATE II: Done deal.
Cleveland Plain Dealer reporter Tom Reed also says team president Mike Holmgren indicates this deal has been in the works for some time, and it will be some time before Holmgren knows if he’s part of the team’s future plans. “A contract is a contract but we will deal with those things down the road,” Holmgreen told Reed.
UPDATE III: The Browns have provided a transcript of Mike Holmgren’s remarks following today’s developments.