Shalom Life | January 30, 2015

Cleveland Browns’ Sale Ends Oldest Jewish Ownership in NFL

51 year Jewish ownership ends as NFL team sold to Jimmy Haslam III

By: David Shear

Published: August 3rd, 2012 in News » World

Cleveland Browns’ Sale Ends Oldest Jewish Ownership in NFL

The Cleveland Browns were sold yesterday for $1 billion, ending a 51 year Jewish ownership.

The Browns, sold to Jimmy Haslem II, the Tennessee truck-stop magnate, were first purchased by Art Modell in 1961 for $4 million, who moved them to Baltimore in 1996, renaming them the Baltimore Ravens.

In 1998, Al Lerner bought the rights for the Browns from the NFL for $530 million. His son, Randy, inherited the team after his father died in 2002.

As can be expected, ownership change can make Browns fans a little nervous, but Haslam has promised Lerner, and the fans, that the franchise will not be relocated.

Lerner will sell 70 percent of the Browns to Haslam now, with the remaining 30 percent reverting back 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 been made official by the NFL yet.

Randy Lerner is also the owner of Aston Villa, a club in the English Premier League.

If you’re keeping count, the number of current NFL owners who are Jewish is now down to nine. Still quite impressive.

55,000-Year-Old Skull Discovered in Israel Sheds Light on First Humans in Europe 55,000-Year-Old Skull Discovered in Israel Sheds Light on First Humans in Europe Trending Getting anti-Semitism Wrong at the United Nations Getting anti-Semitism Wrong at the United Nations TrendingThousands Arrive at Funerals for Soldiers Killed in Hezbollah Attack Thousands Arrive at Funerals for Soldiers Killed in Hezbollah Attack Trending
 

Israeli Startups Collectively Raised Over $900 Million Last Week

January 30, 2015 | By Viva Sarah Press
Israeli Startups Collectively Raised Over $900 Million Last Week

Various startups in Israel raised $910 million through acquisitions and funding rounds in a seven-day period

Read More

Woody Allen’s Joaquin Phoenix-Starrer is Called ‘Irrational Man’

January 30, 2015 | By Ashley Baylen
Woody Allen’s Joaquin Phoenix-Starrer is Called ‘Irrational Man’

Sony Pictures Classics have announced the name of Allen's upcoming film.

Read More

Steven Spielberg’s Daughter, Sasha, to Star in Snapchat Web Series

January 30, 2015 | By Ashley Baylen
Steven Spielberg’s Daughter, Sasha, to Star in Snapchat Web Series

Spielberg will co-star with John Goldwyn's daughter, Emily.

Read More

Roseanne Barr on Bill Cosby:” It Surprises Nobody”

January 30, 2015 | By Ashley Baylen
Roseanne Barr on Bill Cosby:” It Surprises Nobody”

The comedian believes Cosby should apologize.

Read More

Remembering Myra Kraft on Super Bowl Sunday

January 30, 2015 | By Jason Stverak, JNS.org
Remembering Myra Kraft on Super Bowl Sunday

What will be missing for the second time in recent New England Patriots' Super Bowl memory this Sunday is Myra Kraft sitting with her husband, owner Robert Kraft

Read More

Wounded Syrians Treated in Israel: Eliminate Hezbollah

January 30, 2015 | By Hassan Shaalan
Wounded Syrians Treated in Israel: Eliminate Hezbollah

"We were taught that Israel is the enemy of Syria and all Arab countries. Now that I stayed here, I believe the opposite is true; Israel is better than other Arab countries, which don't admit wounded people," says one injured Syrian

Read More

Jewish Hall Of Fame: Kenny Bernstein

January 30, 2015 | By Caitlin Marceau
Jewish Hall Of Fame: Kenny Bernstein

The famous "King of Speed" is known as one of the most important figures in NASCAR history

Read More

Postcard from Einstein's Sole Trip to Israel Sells At Auction

January 30, 2015 | By Daniel Koren
Postcard from Einstein's Sole Trip to Israel Sells At Auction

Almost a century after the physicist's trip to the Holy Land, postcard sells for $56,000

Read More

More Headlines