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Steelers' stockholder agrees to buy Browns

An ownership change can make the folks in Cleveland nervous, especially when it involves the Browns.

Fear not, inhabitants of the Dawg Pound. New owner Jimmy Haslam III won’t be pulling an Art Modell.

Randy Lerner has reached a deal to sell the club to Tennessee truck-stop magnate Haslam — a minority stockholder in the rival Steelers, of all teams. Haslam promised Lerner the franchise won’t be relocated.

“He had done a lot of work on the Browns and the city of Cleveland,” Lerner said, “and first and foremost gave me his personal assurance the team would remain in Cleveland.”

Lerner will sell 70 percent of the Browns to Haslam now, with the other 30 percent reverting to him four years after the closing date, a person with knowledge of the sale told The Associated Press on condition of anonymity because details have not officially been announced.

“This is a very exciting time for my family and me,” Haslam said through the team.

“To own such a storied franchise as the Cleveland Browns, with its rich tradition and history, is a dream come true. We are committed to keeping the team in Cleveland and seeing it get back to the elite of the NFL — something all Browns fans want and deserve.”

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