Browns to Pay Cleveland $100 Million as Part of Brook Park Move
The Cleveland Browns have agreed to pay the City of Cleveland $100 million to settle court fights over the team's move to Brook Park.
According to Mayor Justin Bibb and team owners Dee and Jimmy Haslam, this payment will cover the demolition of the stadium on the Lake Erie shore, where the Browns have played since 1999.
The funds will also support the city's lakefront development plans, as announced by Mayor Bibb.
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The deal brings the Browns one step closer to leaving their lakefront home for a new, roofed stadium in Brook Park.
Author's summary: Browns pay $100 million to Cleveland.