City of Cleveland and Browns Owners Reach $100M Settlement Clearing the Way for New Suburban Stadium

Mayor Justin M. Bibb and the ownership group of the Cleveland Browns have reached a $100 million settlement that will clear the way for the franchise to build its new suburban stadium while preparing the site of the current lakefront stadium for future development by the city of Cleveland.

The proposed $2.4-billion domed stadium would be built in Brook Park, next to Cleveland Hopkins International Airport and about 15 miles (24.14 kilometers) south of downtown Cleveland.

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