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News in English (USA) / 14.02.2025 / 05:00

Cleveland Browns Unveil $2.4 Billion Domed Stadium Financing Plans for Brook Park

The Haslam Sports Group has proposed a financing model to fund a new enclosed Huntington Bank Field, revealing a plan for a $2.4 billion Cleveland Browns domed stadium in Brook Park. The Browns ownership is advocating for a 50/50 public-private funding approach, seeking $1.2 billion in public financing. Public discussions around the financing have begun, with Cuyahoga County officials expressing skepticism about the viability of the plan. Ohio Governor Mike DeWine is looking to increase taxes on sports betting to help fund the stadium and has introduced a proposal to double the state tax on sportsbooks. Despite concerns from local residents about the impact on eastern suburb fans, the Browns are confident that a new stadium could open doors for significant events like a Super Bowl in the future.
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