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Thu November 21, 2013
Browns Will Pay For Stadium Upgrades
The Cleveland Browns will pay for the planned 120 million dollars in renovations at their taxpayer-funded stadium and recoup 42 million from the city.
The Browns will receive 2 million dollars a year over the next 15 years from the city, which is owed to the team as part of the stadium lease. The team will also get an additional 12 million from a capital improvements fund. Cleveland Mayor Frank Jackson.
The city's planning commission last week approved the team's proposal. The deal is likely to be challenged by other officials, according to Cleveland City Council member Jeff Johnson.
The Browns want to install giant scoreboards and make other stadium upgrades.