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Browns officially sold

Discussion in 'Football: NFL, College, High School' started by justtxyank, Aug 2, 2012.

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  1. justtxyank

    justtxyank Member

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    Sale closed today for over $1 billion.

    Randy Lerner sells the Browns to Jimmy Halsam.

    Per Adam Schefter.
     
    #1 justtxyank, Aug 2, 2012
  2. leroy

    leroy Member
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    Hopefully the new owner will continue the great tradition of sucking that the Browns are renowned for.

    I still dislike Bernie Kosar.
     
    #2 leroy, Aug 2, 2012
  3. Kam

    Kam Member

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    He still owns Aston Villa?
     
    #3 Kam, Aug 2, 2012
  4. Air Langhi

    Air Langhi Contributing Member

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    A billion dollars for browns? That sounds ridiculous.
     
    #4 Air Langhi, Aug 2, 2012
  5. justtxyank

    justtxyank Member

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    NFL teams are revenue generating machines thanks to the tv deals that get split. Whether they win or lose, it is impossible to lose money owning an NFL team for the foreseeable future.
     
    #5 justtxyank, Aug 2, 2012
  6. Travisss

    Travisss Member

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    Browns suck, still lol
     
    #6 Travisss, Aug 2, 2012
  7. ubigred

    ubigred Member

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    DirectTV exclusive
    Madden exclusive
     
    #7 ubigred, Aug 2, 2012
  8. juicystream

    juicystream Member

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    Jags were $760M, not that surprising the Browns would get more.

    BTW, Forbes last year valued the Browns at $977M (Jags were at $725M), so pretty in line with that.
     
    #8 juicystream, Aug 2, 2012
  9. juicystream

    juicystream Member

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    According to Forbes, 2 teams lost money in 2010:

    Browns and Lions
     
    #9 juicystream, Aug 2, 2012
  10. justtxyank

    justtxyank Member

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    The Forbes numbers are only estimates and they do not account for the new television deals that are about to drop.
     
    #10 justtxyank, Aug 2, 2012
  11. J.R.

    J.R. Member

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    Sold to a Steelers fan(and now former part-Steelers owner).
     
    #11 J.R., Aug 2, 2012
  12. juicystream

    juicystream Member

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    Estimated operating income (not even final net income, which would be less), so they weren't super profitable, but given their revenues being in line with the other teams, I don't think it is a permanent problem.
     
    #12 juicystream, Aug 2, 2012
  13. conquistador#11

    conquistador#11 Member

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    one billion? that's a ton for a factory of sadness.
     
    #13 conquistador#11, Aug 2, 2012
  14. SuperBeeKay

    SuperBeeKay Member

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    they need to change that team name. you arent gonna go anywhere with your team called the "browns"
     
    #14 SuperBeeKay, Aug 2, 2012
  15. ScolaIsBallin

    ScolaIsBallin Member

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    As someone who lives in Cleveland, this is no surprise. The Browns sell out all their games and also sell a lot of merchandise. Cleveland teams have some of the biggest fans in the country, despite sucking.
     
    #15 ScolaIsBallin, Aug 2, 2012
  16. FlyerFanatic

    FlyerFanatic YOU BOYS LIKE MEXICO!?! YEEEHAAWW
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    yep, hence videos like this

    <iframe width="420" height="315" src="http://www.youtube.com/embed/tRBDMMVctu8" frameborder="0" allowfullscreen></iframe>
     
    #16 FlyerFanatic, Aug 2, 2012
  17. McNultyisDrunk

    McNultyisDrunk Member

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    The very first thing Haslam needs to do is give the heave ho to Colt McCoy.
     
    #17 McNultyisDrunk, Aug 2, 2012
  18. Kam

    Kam Member

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    Why would you give up on the next Drew Brees?

    DD
     
    #18 Kam, Aug 3, 2012
  19. McNultyisDrunk

    McNultyisDrunk Member

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    If big bro of Case was destined for greatness, UT would've passed him up sure. No good pro QBs come from Austin.

    Margrave
     
    #19 McNultyisDrunk, Aug 3, 2012
  20. Dairy Ashford

    Dairy Ashford Member

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    I think Shea Morenz would disag- um, yeah.
     
    #20 Dairy Ashford, Aug 3, 2012
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