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Jimmy Haslam sells Steelers stake

Updated: April 11, 2013, 4:16 PM ET
Associated Press

PITTSBURGH -- New Cleveland Browns owner Jimmy Haslam no longer has a stake in the Pittsburgh Steelers.

The Steelers announced Thursday that Haslam's minority share in the team has been bought by existing stockholders and new investors Scott and Russ Swank.

Haslam purchased the Browns in October and directed Steelers president Art Rooney II and Morgan Stanley to find suitable buyers for the shares he acquired in 2008.

Haslam spent $1.05 billion last October to buy a 70 percent ...

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