Charles Woodson, the former NFL player and Heisman Trophy winner, is buying into Cleveland’s football franchise. The majority owners of the team, Jimmy and Dee Haslam, have agreed to sell 0.1% of their stake in the team to Woodson.
Significance of the Sale
This sale marks a significant development for both parties:
- For Woodson: It represents a chance to become part-owner of an NFL team after a storied playing career that spanned two decades.
- For the Haslams: It provides them with additional capital as they navigate one of the most challenging periods in Browns history.
Woodson’s Career Highlights
Woodson had an illustrious career playing for both the Oakland Raiders and Green Bay Packers:
- Drafted: First overall by Oakland in 1998.
- Accolades: Earned numerous accolades at Fremont Ross High School in his hometown of Fremont, Ohio.
- Oakland Raiders (1998-2005):
- Seven Pro Bowl selections.
- Won Super Bowl XXXVII MVP honors against Tampa Bay on January 26 at Qualcomm Stadium in San Diego (now known as Snapdragon Stadium).
- Green Bay Packers: Left via free agency and won Super Bowl XLVIII with the Seattle Seahawks after a five-year stint with the Packers, which included two Pro Bowl selections.
Woodson’s Statement
"I’m excited about this opportunity," said Woodson when asked about being part-owner of an NFL team.
Terms of Sale and Future Involvement
The terms of the sale were not disclosed, but sources close to negotiations indicate that they are expected to be finalized within weeks, pending approval from league officials. These officials must sign off on any new ownership group before allowing them access to meetings where major decisions are made regarding trades involving players or coaches.
Unclear Details
Other details surrounding this deal remain unclear, such as:
- Whether Woodson plans to use some portion of funds generated through potential future sales towards charitable causes, given his past philanthropic efforts, including a $100,000 donation towards relief efforts following devastating tornadoes that hit parts of the central United States last year.
- What role, if any, Woodson will play within the organization beyond being a minority owner. Sources suggest he may become more involved over time, especially if the Browns continue to struggle under current leadership, which has led many fans to call for change.
Current Focus
For now, the focus remains on securing a playoff spot, something the Browns have failed to accomplish since returning from a four-year hiatus last season.
Stay tuned for further updates regarding this developing story!
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