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What did Jimmy Haslam pay for Browns?

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Jimmy Haslam is an American businessman and sports executive.  Jimmy Haslam reached an agreement with Browns owner Randy Lerner to buy the team for $1 billion in 2012.

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Forbes magazine valued the Browns at $977 million in 2011, ranking them 20th in the NFL.

Today, the team is worth at least $3 billion and could be worth up to $4 billion.

On October 12, the NFL’s 32 teams unanimously approved the Haslams’ purchase of the Browns; the transaction closed thirteen days later.

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CLEVELAND, OH – SEPTEMBER 27: Owner of the Cleveland Browns Jimmy Haslam looks on prior to the game against the Oakland Raiders at FirstEnergy Stadium on September 27, 2015 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)

Haslam has a 44-94-1 record as team owner since officially taking over the Browns seven games into the 2012 season and through the end of the 2020 regular season (including going 0-16 in 2017).

Jimmy  had his first winning season in 2020 when the Browns went 11-5, and won his first postseason game as Browns owner when the Browns defeated the Steelers 48-37 in the Wild Card round of the 2020-21 NFL playoffs.

In 2007, he was inducted into the Junior Achievement of East Tennessee Business Hall of Fame, and in 2010, he was named Ernst & Young Entrepreneur of the Year for the Southeast region.


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