Are the Browns for sale? Browns owner Randy Lerner released a statement this morning confirming the team is in talks with Jimmy Haslam. Browns sources tell Channel 3 News these talks are for ownership of the team.
Below is the full text of Lerner’s statement:
“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.”
James ‘Jimmy’ Haslam III, 57, has been the CEO and President of Pilot Flying J Travel Centers since September 2001. His father, James Haslam Jr. founded the company in 1958. The company is headquartered in Knoxville, Tennessee.
Jimmy Haslam took his mother’s set on the Pilot board in 1974, before he graduated from the University of Tennessee. He began working at the company full time in August 1976.
Haslam became a minority owner of the Pittsburgh Steelers in 2008.
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article courtesy of Wkyc.com