Jimmy Haslam’s stake in Steelers sold

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Cleveland Browns owner Jimmy Haslam no longer owns a part of the Pittsburgh Steelers.

The Steelers announced Thursday that Haslam’s stake in the club has been sold. Haslam was a minority shareholder of the Steelers before becoming controlling owner of the Browns last year. Upon officially taking over the Browns, Haslam made plans to sell his Steelers stake, the team said.

The Steelers said the majority of Haslam’s shares were purchased by current owners. Part of his stake was sold to new shareholders, Scott and Russ Swank.

“We appreciate the continued confidence of our Ownership group involving this purchase of stock owned by Jimmy Haslam, and we welcome Scott and Russ Swank to our Ownership group,” Steelers president Art Rooney II said in a statement released by the club.

The selling of Haslam’s shares was approved by the NFL, the team said.

25 responses to “Jimmy Haslam’s stake in Steelers sold

  1. I thought it was the other way around since I’ve been watching the Steelers own the Browns forever.

    I also thought Steelers had stock in the Bengals and Ravens for that matter.

  2. It’s a shrewd business decision. Pull your money out of a failed investment and put it where it can do some good. Another indication of where the Steelers are heading…down…down….down.

  3. morganstan100 | Apr 11, 2013, 5:33 PM EDT
    It’s a shrewd business decision. Pull your money out of a failed investment and put it where it can do some good. Another indication of where the Steelers are heading…down…down….down.

    You must be on mind altering drugs! Cleveland is a good investment? Extricating your head from where you sit is advised.

  4. Our Jersey sales = More the the Browns franchise..Good investment?? I’ll give him 3 years he’ll be pushing in all his chips and folding his hand

  5. We will be in the hunt within 3 years for a title, especially if we have an excellent draft this year to reload

  6. Don’t understand why ppl think the Steelers are DOOMD! We lost ONE player who even really made a difference that’s Wallace..Mendenhall missd or didn’t play in 13 games..Harrison missd 6 atleast Lewis had a good HALF a season,he stunk the 1st 5 games. Sanders was just a #3 nothing Vital..And #43 was On the sideline for most of the season Woodley missd 5 and some how we still was rankd #1 in total defense! We just need to get better in the RedZone. That falls on Ben and Haley..2 ppl Steeler fans never bring up

  7. Silly boys … thanks to revenue-sharing, NFL teams are gold regardless of their win-loss records. But it’s a little soon to start burying the Steelers …

  8. Where would you put your money? Behind the team that beat the Raiders and Chargers or with the team that let those guys walk all over You? Plus, Cleveland has a running back. As for that so-called #1 defense, what good is it if you keep letting your opponents score more points than you? When the Ravens D was ranked high, opposing teams went home with a giant goose egg. Oh, but you have six trophies. Enjoy them before the team is forced to sell them for scrap to match NE’s offer.

  9. @morganstanley, your poster status is becoming as predictable and irrelevant as your team’s QB.

  10. I can’t wait for the upcoming season so the Steelers can shut all these morons up. Bengals,Browns and Raven fans seem to come out of the woodwork when they have an opportunity to jump on a Steeper article which is why Steeler articles always have the most comments and 50% of the comments are from haters. Raven fans are the only ones who really have the right to talk smack being that they are the champs. It’s cute that Bengal fans never learn how to handle a good year. Everyone knows Baltimore and Pittsburgh are still the big boys and will be for the foreseeable future.

  11. @crownofthehelmet

    Joe Flacco is the Superbowl MVP. How that translates into irrelevant makes about as much sense as thinking an 8-8 team on a steady decline is ever going to win anything other than a No. 1 draft pick. I’ll grant you that Flacco is getting predictable though. Looking at the post season (11 TDs. No interceptions, 4 wins). Yeah, all that success can seem a little routine. I guess we’ll just have to get used to it. Sigh.

  12. so does that same philosophy hold true for all the posters who post under names that are anti baltimore or anti raven? if so there sure are a lot of steeler fans with raven envy. totally understandable..everyone hates the best

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