The Cleveland Browns’ owner wants to move 15 miles to a new ‘world-class’ $2.4 billion stadium—but Ohio taxpayers are livid

Quick Summary:

The Cleveland Browns have proposed a private-public partnership to which the state would contribute $600 million.

Its version of the operating budget calls for issuing $600 million in general obligation bonds to pay for the Browns project instead.

Meanwhile, the clock for allocating dollars toward the project is running down: Lawmakers face a June 30 deadline to finalize the state budget for the next two years.Republican Gov.

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Article Details

Author / Journalist: Julie Carr Smyth, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Cleveland Ohio Billionaires NFL Football Republican Party

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-14 @ 18:24:30 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 899 words

Reading Time: 5 minutes read

Sentences: 6 lines

Sentence Length: 150 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27874197

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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