PITTSBURGH (AP) - 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 stake in the Browns from Randy Lerner. Haslam - who made his fortune as president and CEO of Pilot Flying J, the largest operator of travel centers and travel plazas - will receive the remaining 30 percent owned by Lerner in 2016.
Advertisement

NFL Top Stories

Thumbnail Steelers vs. Saints Preseason Pick The line has jumped two full points in tonight's preseason matchup between the Steelers and Saints at 8:00PM ET. Will tonight be...
Thumbnail Patriots vs. Panthers Preseason Pick Will the Panthers cover as home favorites tonight at 7:30PM ET when they host the Patriots in the teams' "dress rehearsal?"
Thumbnail Packers vs. 49ers Preseason Pick With Aaron Rodgers stepping on the field, can he lead the Green Bay Packers to a road win over the San Francisco 49ers tonight at...
Thumbnail Bills look to win in Washington The Buffalo Bills look to have another strong defensive showing when they face the Washington Redskins at 7:30PM...
Thumbnail Falcons vs. Dolphins Pick Will the Falcons stay undefeated this preseason when they visit the Dolphins tonight at 8:00PM ET?
More inNFL Articles  
Advertisement

NFL Team Pages