The Cleveland Browns will continue playing in the stadium on the lake, but it will no longer be called FirstEnergy Stadium – which has been the stadium’s name since 2013.
An “amicable decision” was reached by both parties to end the naming rights agreement for the downtown stadium, according to a press release. The terms and conditions of the agreement have not been disclosed.
“Together with the Browns, we have worked to enrich our communities while increasing awareness of FirstEnergy as an energy leader. Since we signed this agreement ten years ago, our priorities have shifted as the company evolved from a competitive energy supplier to a regulated utility, and as a result, our corporate initiatives must also evolve,” said John Somerhalder, interim president and CEO. “Like the rest of northern Ohio, we remain passionate Browns fans and will cheer them on in upcoming seasons. We also look forward to maintaining our deep relationships with civic, arts and other organizations to bring good energy to our communities.”
Dave Jenkins, Haslam Sports Group COO said the decision was best for both parties.
“We’ve had a great association with FirstEnergy for more than two decades, and we appreciate this partnership and what it has created for our team and the broader northeast Ohio community,” Jenkins, Haslam said. “We reached this amicable agreement that is consistent with the productive relationship we have always enjoyed, and we wish FirstEnergy success with their future initiatives. Our home stadium will return to its former name, Cleveland Browns Stadium.”
The Cleveland Browns will play in Cleveland Browns Stadium this upcoming season.