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Report: Lerner to retain 30 percent stake in Browns

Randy Lerner, Pat Shurmur AP

Browns fans hoping to be rid of owner Randy Lerner are getting their wish, to an extent.

According to a report from WKYC sportscaster and the team play-by-play voice Jim Donovan (via the Cleveland Plain Dealer), Lerner will retain a 30 percent share of the team.

Lerner’s selling controlling interest in the Browns to truck stop magnate (and really, that might be the best business card title ever) Jimmy Haslam.

Donovan also reported Haslam will have the option to increase that share later, but that leaves the unpopular Lerner as a small part of the franchise.

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9 Responses to “Report: Lerner to retain 30 percent stake in Browns”
  1. coop16 says: Jul 29, 2012 2:18 PM

    I know that a lot of Browns fans blame the team’s struggles on Lerner, but I don’t agree. An owner who meddles in football matters is a bad owner; Lerner never did that. He stayed in the background and let the football people make the football decisions. Seriously, does anyone think the team would have been better if Lerner had been making the call as to which players to draft?

    I hope the new guy brings enthusiasm and excitement to the franchise, but if he proves to be the kind of owner who wants to run the show instead of letting his football people run the show, things might get even worse for the Browns. If that’s possible.

  2. raideryan88 says: Jul 29, 2012 2:49 PM

    Ya and holmburger is a great football person, brett favre made this guy.

  3. dontouchmyjunk says: Jul 29, 2012 2:58 PM

    Lerner was bamboozled by Holmgren, who is a perfect example of the “Peter Principle”. First order of business for new ownership is to show him the door.

    Rumor has it that former Eagles president, Joe Banner is in the running to be the new Browns team president.

    If that’s the case, the Browns will never have salary cap problems going forward, but the players will get shafted and feel used.

  4. moneymike23 says: Jul 29, 2012 3:00 PM

    I know that a lot of Browns fans blame the team’s struggles on Lerner, but I don’t agree. An owner who meddles in football matters is a bad owner; Lerner never did that. He stayed in the background and let the football people make the football decisions. Seriously, does anyone think the team would have been better if Lerner had been making the call as to which players to draft?

    ————————————–
    How about Randy Lerner going off by himself and hiring a head coach in Eric Mangini and the coach hiring the GM. How did that work out?

  5. nineroutsider says: Jul 29, 2012 3:05 PM

    @coop16

    True enough, no fan wants that, but what every fan should want is an owner who can hire savvy football people and get out of the way.

    Lerner has hired sacred cows who have gone out to pasture in cleveland. Is Holmgren still hungry or riding that Cleveland gravy train like Policy and others before him? I say the latter.

    Lerner is sensitive to critism and captivated by the big name fish. Cleveland needs an owner who can spot talented football people who are hungry to make Cleveland great again and want to make a name for himself in this league rather than a guy who is leveraging his 40+ years of football experience/success into one last big payday.

  6. aphoticapex says: Jul 29, 2012 3:05 PM

    I agree. Atleast he wasnt a Mike Brown.

  7. urbusted2 says: Jul 29, 2012 6:33 PM

    I think the Browns GM, Heckert is doing a great job and I feel the team is finally turning the corner. Holmgren hired him so let’s see how it goes. I’d rather have Lerner for an owner than say Jerry Jones.

  8. agc99 says: Jul 29, 2012 8:25 PM

    Since a Steelers owner is taking over the browns don’t the Steelers get 3 or 4 first round picks as compensation?

  9. Louis Tumblin says: Jul 29, 2012 9:38 PM

    No matter who owns the Browns at the end of the day the production on the field needs to improve. No owner can make that happen.

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