Cleveland Browns plan to leave Cleveland stadium for Brook Park dome [CNBC]
Huntington Bancshares Incorporated (HBAN)
Last huntington bancshares incorporated earnings: 4/23 07:30 am
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Source: CNBC
The Cleveland mayor said in a release that principal owners Dee and Jimmy Haslam notified him of the decision on Wednesday night. Cleveland is expecting to lose $30 million in economic activity per year if the Browns move to the proposed new stadium. The Cleveland Browns are leaving the shores of Lake Erie. The Browns plan to leave their current open-air stadium in the city of Cleveland for a yet-to-be-built domed stadium in Brook Park, Ohio, according to a press release from Cleveland Mayor Justin Bibb that was later confirmed by the Browns owners. Jimmy and Dee Haslam, the principals of the ownership group that owns the Browns, notified Bibb of their plan to move on Wednesday night, according to Bibb. He announced the news in a scathing Thursday press release in which he called the Haslams' choice “driven by a desire to maximize profits rather than positive impact.” “They had the opportunity to reinvest in Cleveland, transform the current stadium into a world-class facili
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HBAN
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- 11/18/24 - Form 8-K
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