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Arthur Bertram Modell [1] (June 23, 1925 – September 6, 2012) was an American businessman, entrepreneur and National Football League (NFL) team owner. He owned the Cleveland Browns franchise for 35 years and established the Baltimore Ravens franchise, which he owned for eight years.
Cleveland Stadium, where the Browns played until 1995.. In 1975, knowing that Municipal Stadium was costing the city more than $300,000 a year to operate, then-Browns owner Art Modell signed a 25-year lease in which he agreed to incur these expenses in exchange for quasi-ownership of the stadium, a portion of his annual profits, and capital improvements to the stadium at his expense. [7]
In 1973, then-Browns owner Art Modell signed a 25-year lease to operate Cleveland Municipal Stadium. [34] Modell's newly formed company, Stadium Corporation, assumed the expenses of operations from the city, freeing up tax revenue for other purposes. [35] Also, Modell would pay an annual rent of $150,000 for the first five years and $200,000 ...
Modell is once again up for the Hall of Fame. Any chance he gets immortalized less than an hour away from the city where he ripped the fans' hearts out? Former Browns owner Art Modell once again a ...
(The Center Square) – Cleveland made good on its promise and is suing the Browns over the NFL franchises plan to move the team to Brook Park. The lawsuit in Cuyahoga County Common Pleas Court ...
Cleveland has spent $350 million on the construction, repair and maintenance of the Browns’ current home, Huntington Bank Field, and the city plans to use a 1996 law referred to as the Modell ...
The Browns–Ravens rivalry is a National Football League (NFL) rivalry between the Cleveland Browns and Baltimore Ravens.. Browns owner Art Modell expressed dissatisfaction with Cleveland Stadium and subsequently declared his intention to relocate the team to Baltimore, where they would be rebranded as the Baltimore Ravens.
Wolstein was a frequent supporter of a number charities and nonprofit organizations throughout the greater Cleveland area for most of his life. [4] [36] One of Wolstein's first major gifts came in 1997, when he and his wife, Iris Wolstein, donated $750,000 ($1,400,000 in 2023 dollars) to United Cerebral Palsy of Greater Cleveland.