<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=0JOhWu_0vJ7H17k00" alt="https://img.particlenews.com/image.php?url=0JOhWu_0vJ7H17k00" width="1920" height="1080" ><figcaption>Cleveland Browns head coach Kevin Stefanski. Photo: Nick Cammett/Diamond Images via Getty Images.</figcaption></figure>The Cleveland Browns on Tuesday announced a stadium naming rights deal with Huntington Bank, which will be effective when the team kicks off its season this Sunday.The big picture: The 20-year deal would cover the current stadium, which opened in 1999 and doesn't have a corporate name, plus any new stadium <a href="https://www.axios.com/local/cleveland/2024/08/07/cleveland-lakefront-plan-still-includes-browns-stadium">that could be built</a>.<ul><li>The facility will be called Huntington Bank Field.</li></ul>Catch up quick: The venue has been operating under the name Cleveland Browns Stadium, after the team and Akron-based FirstEnergy Corp. mutually agreed to <a href="https://www.axios.com/local/cleveland/2023/04/13/browns-firstenergy-naming-rights">end their stadium naming rights</a> agreement in 2023 after 10 years, in the wake of the <a href="https://www.axios.com/local/columbus/2023/03/09/timeline-former-ohio-speaker-larry-householder">House Bill 6 scandal.</a><ul><li>Huntington Bank is based in Columbus, Ohio, and reports $196 billion in assets under management. It was founded in 1866.</li><li>The bank also sponsors a club at the stadium for the Columbus Crew soccer team, which is also owned by Browns owners Jimmy and Dee Haslam.</li><li>Huntington chairman, president and CEO Stephen Steinour said the Browns deal represented the largest investment in the bank's history. Though, specific financial details were not released. </li></ul>What they're saying: Jimmy Haslam said during Tuesday's press conference announcing the deal that the Browns and Huntington have the "same type of culture and the same type of values."<ul><li>Steinour added: "Whether in the existing stadium or a new one, the Browns' commitment to Northeast Ohio will continue to spur significant economic growth and development for years to come, and we are excited to be a part of that future."</li></ul>The intrigue: The news comes amid uncertainty surrounding the Browns' stadium plans.<ul><li>The Haslams are deciding between <a href="https://neo-trans.blog/2024/05/01/brook-park-stadium-rendering-confirmed-real/">building a new domed stadium in Brook Park</a>, which would cost more than $2 billion, or undergoing a $1.2 billion renovation to the current facility.</li><li>They are <a href="https://neo-trans.blog/2024/04/29/browns-want-50-50-public-private-cost-sharing-for-either-stadium-site/">reportedly</a> seeking 50% public funding for either project.</li><li>A potential Browns move would complicate the city's <a href="https://www.axios.com/local/cleveland/2024/08/07/cleveland-lakefront-plan-still-includes-browns-stadium">lakefront master plan</a>, which includes building a land bridge to connect downtown malls to the lakefront in front of Huntington Bank Field.</li></ul>Between the lines: The Haslams did not provide an update on their decision or take questions from reporters during the press conference.This story is being updated. </div></body>

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Cleveland Browns sign stadium naming rights deal with Huntington Bank

The Cleveland Browns on Tuesday announced a stadium naming rights deal with Huntington Bank, which will be effective when the team kicks off its season this Sunday. The big picture: The 20-year deal would cover the current stadium, which opened in 1999 and doesn't have a corporate name, plus any new stadium that could be built.

Cleveland Browns sign stadium naming rights deal with Huntington Bank

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