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Browns' sale to Jimmy Haslam done

Updated: October 25, 2012, 7:26 PM ET
Associated Press

BEREA, Ohio -- The Cleveland Browns officially belong to Jimmy Haslam.

His $1.05 billion purchase of the NFL franchise from Randy Lerner was closed Thursday, just nine days after the sale was approved by the league's owners. Haslam now owns 70 percent of the team, and the truck stop magnate will get the other 30 percent from Lerner in four years.

Haslam watched practice and spent several minutes chatting with coach Pat Shurmur as the Browns (1-6) continued preparing for Sunday's ...

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