See which NFL team was sold for 1 billion

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See which NFL team was sold for 1 billion

From Comcast SportsNet
BEREA, Ohio (AP) -- The new owner of the Cleveland Browns is watching his first practice. Tennessee truck-stop magnate Jimmy Haslam III walked to the middle of the field Friday with team president Mike Holmgren and general manager Tom Heckert for his first glimpse at what 1 billion can buy. Haslam was wearing shorts on a hot, humid morning. Randy Lerner reached a deal Thursday to sell the club to Haslam, a minority stockholder in the rival Steelers. Haslam must divest his interest in the Steelers and also gain approval for the purchase from the NFL. Haslam, who planned to hold a news conference later Friday, promised Lerner the franchise won't be relocated. Haslam arrived in Cleveland late Thursday and dined with Holmgren. "He had done a lot of work on the Browns and the city of Cleveland," Lerner said Thursday, "and first and foremost gave me his personal assurance the team would remain in Cleveland." Lerner will sell 70 percent of the Browns to Haslam now, with the other 30 percent reverting to him four years after the closing date, a person with knowledge of the sale told The Associated Press on condition of anonymity because details have not officially been announced. "This is a very exciting time for my family and me," Haslam said through the team. "To own such a storied franchise as the Cleveland Browns, with its rich tradition and history, is a dream come true. We are committed to keeping the team in Cleveland and seeing it get back to the elite of the NFL -- something all Browns fans want and deserve." While the papers have been signed, the NFL still must sign off on the deal. Getting the nod from 24 of the 32 teams is required, and no date has been set for a vote because the sale has not been presented to the league yet. The person with knowledge of the sale said approval is expected by the end of September. ESPN reported the sale price was more than 1 billion. For comparison, the Miami Dolphins sold at a value of more than 1 billion in 2009. The Browns were valued at 977 million last year by Forbes magazine, 20th in the NFL. Asked if he was surprised by the deal, Holmgren said: "On one hand, the surprising part was the time of the year. But in this business, I gave up being surprised a long time ago." Lerner, whose family has owned the franchise since it returned to the NFL in 1999, first announced he was in negotiations to sell the club last week. The late Al Lerner, Randy's father, purchased the franchise from the NFL in 1998 for 530 million after the original Browns moved to Baltimore in 1996 and became the Ravens. The elder Lerner died in 2002. Randy Lerner also is the owner of Aston Villa, a club in the English Premier League. The expansion Browns entered the NFL in 1999 and have made the playoffs just once, a 2002 first-round loss to the Pittsburgh Steelers. They've had only two winning records in 13 seasons and are 68-140 since they returned. Even with a string of failures on the field, the value of the Browns -- like other NFL franchises -- keeps increasing, boosted by broadcast income. The league agreed in December to nine-year contracts with CBS, Fox and NBC that run through the 2022 season and will boost revenue from the 1.93 billion last season to 3.1 billion by 2022. The NFL reached an eight-year extension with ESPN last year through the 2021 season that increases the rights fee from 1.1 billion to 1.9 billion annually. Haslam has been a minority investor in the Steelers since 2008, and is the president and CEO of Pilot Flying J, the largest operator of travel centers and travel plazas in North America. He is the older brother of Tennessee Gov. Bill Haslam. According to a 2010 profile on Steelers.com, Haslam has been a Dallas Cowboys fan and then an Indianapolis Colts fan. But with the Pittsburgh investment, Haslam said he had become "1,000 percent a Steelers fan." The Haslam brothers are supporters of the University of Tennessee, where their father Jim Haslam played tackle on the 1951 national championship football team under Gen. Robert R. Neyland, who built the Volunteers into a football powerhouse. The elder Haslam founded the Pilot Corp. in 1958 with a single gas station in Gate City, Va. He credits sons Bill and Jimmy with expanding the chain from mostly gas stations and convenience stores to a "travel center" concept of truck stops featuring branded fast food service. As for Haslam possibly moving the franchise, Holmgren emphatically added, "The Cleveland Browns aren't going anywhere." But the current staff might be if the Browns don't do better than the 4-12 record of 2011, Pat Shurmur's first season as coach. New owners usually bring in their own management team, although Shurmur has impressed many people around the league. "I have no fear about any of that because I trust my coaches, I trust the players and I've watched the work they've done based on the conversation of this last week," Shurmur said Thursday. "I think we're moving full steam ahead. That doesn't bother me one bit at this point at this point. My concern is getting this team ready to play and our players understand that message and they are doing a good job." Holmgren would not address his future with the Browns. "Honestly, my focus is to have guys here concentrating on football, making it business as usual," he said. "The what ifs and hypotheticals, I have to stay away from." Haslam would be the sixth majority owner of the Browns: team founder Mickey McBride (1945-1953), David Jones (1953-1961), Art Modell (1961-1995), Al Lerner (1998-2002), and Randy Lerner (2002-present). An NFL trust also oversaw the inactive franchise from 1996-1998. Cleveland last won the NFL championship in 1964, beating Johnny Unitas and the then-Baltimore Colts 27-0. The Browns have never been to the Super Bowl.

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The Final Countdown: Redskins defense can't stop Matt Stafford for 5th worst play of 2016

The Final Countdown: Redskins defense can't stop Matt Stafford for 5th worst play of 2016

As should be expected when a team goes 8-7-1, there were plenty of good moments and a lot of frustrating times during the Redskins’ 2016 season. Over the next couple of weeks, Redskins Insiders Rich Tandler and JP Finlay will take detailed looks at the 10 best plays of 2016 and, to present a more complete picture of the season, the 10 worst.

No. 5 worst play of 2016

Redskins at Lions Week 7

0:22 left in Q4, Lions ball at the Redskins 18, 3rd and 10, Redskins leading 17-13

Matthew Stafford pass short left to Anquan Boldin for 18 yards, TOUCHDOWN.

More Redskins: Podcast--All eyes now on Cousins

Tandler: The Redskins had just taken the lead on a nifty 19-yard option run by Kirk Cousins with 1:05 left to play. All they had to do was keep the Lions out of the end zone but the defense was not up to the task. In fact, it was laughably easy for Stafford. The first three times he dropped back he completed passes for 23, 14, and 20 yards and just like that the Lions were in the red zone. It looked for a minute like the Redskins might hang on as two passes went incomplete. But on third down Stafford found Boldin open inside the five and the defense couldn’t get there quickly enough to keep him out of the end zone.

Related: Gruden's fate hinges on Manusky

Finlay: 65 seconds was all the 'Skins defense needed to preserve a win by holding the Lions without a touchdown. 65 seconds away from a five-game win streak, and knowing what we do now, a playoff berth. The Redskins defense couldn't stop Stafford, or Boldin, and lost in Detroit. A gut wrenching loss as the momentum on the Washington sideline seemed incredibly high just minutes before when Cousins ran in what looked like the game-winning score. 

10 best plays countdown

10 worst plays countdown

RELATED: 2017 NFL MOCK DRAFT 1.0

Want more Redskins? Check out @JPFinlayCSN and @Rich_TandlerCSN for live updates or click here for the #RedskinsTalk Podcast on iTunes, here for Google Play or press play below. Don't forget to subscribe!

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Who else could be trade partners with the Redskins in a Cousins deal?

Who else could be trade partners with the Redskins in a Cousins deal?

With the offensive and defensive coordinators now in place, the Redskins now turn their attention to two other matters.

One is the NFL combine, which gets underway on February 28. The other is the NFL franchise tag deadline, which happens to come the very next day, on March 1.

There has been plenty of talk lately about the possibility of the Redskins giving Kirk Cousins the franchise tag designation and then trading him if they don’t think that they will be able to sign him to a long-term deal.

While one team, the 49ers, has been talked about as a potential landing spot for Cousins they would not be the only interested team if there is going to be a deal.

Let’s take a look at what teams might be moderately interested or highly interested.

RELATED: GRUDEN'S FATE WITH REDSKINS HINGES ON MANUSKY

49ers (2-14)
Head coach:
Vacant, but will be Kyle Shanahan after the Super Bowl
First-round pick: No. 2
2016 leading passer: Colin Kaepernick

Connecting the dots here is easy as Shanahan was the offensive coordinator when Cousins was drafted by the Redskins in 2012. There would be no need for the two to get familiar with each other; they had two years to do that. Cousins seems like a natural fit in Shanahan’s offense. The 49ers are likely to move on from Kaepernick rather than taking his $19.4 million cap hit. They may try to move that No. 2 pick, or a package of other picks, to try to get Cousins. Anticipated interest: High

Bears (3-13)
Head coach:
John Fox
First-round pick: No. 3
2016 leading passer: Matt Barkley

This is the year that the Bears can finally move on from Jay Cutler without taking a crippling cap hit. Releasing Cutler, who played in just five games last year due to injury, would cost them just $2 million in dead cap. But do they really want to move on from Cutler, who wasn’t bad the last two years he was able to play? If they do, it seems unlikely that they would part with the No. 3 pick. Anticipated interest: Moderate

RELATED: 2017 MOCK DRAFT 1.0

Jets (5-11)
Head coach:
Todd Bowles
First-round pick: No. 6
2016 leading passer: Ryan Fitzpatrick

In the last four drafts, the Jets have spent a second-round pick on Geno Smith, a fourth on Bryce Petty and a second on Christian Hackeberg. Smith is on his way out, Petty was shaky in four starts last year and Hackenberg didn’t see the field as a rookie. It would not be surprising to see them shop for an established, young-ish starter like Cousins. The No. 6 pick might be too much for Cousins. Another factor to consider is if Cousins would agree to a long-term deal to play in New York. They would have to carve out some cap space to get a deal done; they currently are $7.7 million over the anticipated cap. Anticipated interest: Moderate

Browns (1-15)
Head coach:
Hue Jackson
First-round pick: No. 1 and No. 12
2016 leading passer: Cody Kessler

Robert Griffin III is under contract for 2017 with a $6 million salary plus a $1.5 million roster bonus that the Browns can move on from for a relatively modest $1.75 million cap hit. It would not be outrageous for them to deal the No. 12 pick for Cousins. The question is if Cousins would want to be the latest QB to join the Browns’ Trail of Tears. Anticipated interest: Moderate

Other possibilities: The Cardinals might wonder if Carson Palmer’s slide from MVP candidate to mediocrity will continue and look to bring in an alternative . . . The Broncos can’t be happy with Trevor Simeon as their long-term starter and if they didn’t like what they saw from Paxton Lynch they might want to deal. But John Elway isn’t going to overpay . . . It will be another year before the Texans can move on from Brock Osweiler without a killer cap hit but they could just bench him and bring in their long-term answer a year early . . . Blake Bortles has just one more year left on his rookie deal and the Jaguars may move to get his replacement this year.

Note: The Rams are not mentioned here despite the presence of Sean McVay. They gave up a lot of draft picks to move up to No. 1 overall to take Jarred Goff last year and while he struggled they are not going to move on from him after one season. 

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Stay up to date on the Redskins! Rich Tandler covers the team 365 days a year. Like his Facebook page www.Facebook.com/RealRedskins and follow him on Twitter @Rich_TandlerCSN.