Report: Browns owners commit $2 billion for new stadium

Field Level Media|published: Tue 18th March, 16:22 2025

Aug 26, 2023; Kansas City, Missouri, USA; A general view of a Cleveland Browns helmet during the second half against the Kansas City Chiefs at GEHA Field at Arrowhead Stadium. Mandatory Credit: Denny Medley-Imagn Images

The Cleveland Browns took a major step toward playing in a new retractable-roof stadium by 2028 after owners Jimmy and Dee Haslam committed $2 billion to make the venue happen, ESPN reported Tuesday.

The team posted a video with an artist's rendering of the new stadium and surrounding property, which will be built in nearby Brook Park, Ohio, near Cleveland Hopkins International Airport.

The team's lease at their current stadium, near downtown Cleveland and on the edge of Lake Erie, is set to run through 2028. The team moved into the venue in 1999.

"The Cleveland Browns and our community need and deserve a new home -- and from the outset we have been unequivocal that it must positively benefit our community and Northeast Ohio," the Haslams said in a statement. "The proposed Huntington Bank Field in Brook Park meets this vital objective and will reflect positively on our world-class region and its promising future. It also reflects our 100 percent commitment to keeping the Browns in their home market for generations to come."

The Browns have made the playoffs just three times since the franchise was reestablished in 1999. They were 3-14 in 2024 while giving starts to four different quarterbacks, including Deshaun Watson and Jameis Winston for seven games apiece.

The previous version of the Browns franchise played at Cleveland Stadium from 1946-95.

--Field Level Media