Browns set to sell chunk of franchise to private equity group
Set for a vote, the Browns are selling 3% of the franchise to a private equity group that also owns part of the Chargers and Bills
The Haslam Sports Group is selling part of the Cleveland to a private equity company, Arctos. This private equity company also owns part of the Los Angeles Chargers and Buffalo Bills . What do these three teams have in common?
They have all built new stadiums in recent memory, as the Browns get set to embark on their own stadium construction. With the franchise tagged with a $9 billion valuation, the Haslams are set to pocket a large chunk of change, selling a three percent stake. That money likely goes a long way toward the dome construction, set for 2029 opening, as well as the pending development around it.
NFL owners are expected to vote later today on the sale of 3% of the Cleveland Browns to the private equity firm Arctos, sources tell @NFLonCBS . Arctos is one of the NFL-approved PE firms, and it already has a piece of Chargers and Bills. — Jonathan Jones (@jjones9) May 19, 2026 The Haslam Sports Group still obviously holds the majority of the stake of the Browns, and by a wide margin, but selling off a small part of the company has given the ownership group a bit of spending leeway.
This is the new wave of the NFL as owners are looking to take advantage of the valuations of their franchises while maintaining operational control. The Browns are just the newest to join that group. This article originally appeared on Browns Wire: Browns set to sell chunk of franchise to private equity group