Father Of Browns Owner Jimmy Haslam Would Take Over The Team In Contigency Plan

Discussion in 'Cleveland Browns' started by DaBears22, Aug 5, 2013.

  1. DaBears22

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    If Jimmy Haslam were to step down from owning the Cleveland Browns because of an adverse turn in the continuing federal investigation into his truck stop company, his father would take over the club, Daniel Kaplan of Sports Business Journal reports citing sources

    The NFL and the junior Haslam developed a contingency plan in the aftermath of the April 15 FBI raid on the headquarters of Pilot Flying J, a move that fueled speculation Haslam might give up his team, which he bought last year for more than $1 billion.

    There are no indications at the moment that Haslam is stepping down, temporarily or otherwise. Haslam’s father, Jim Haslam II, 83, founded Pilot in 1958, seven years after playing on the University of Tennessee’s first national championship football team. He ceded day-to-day control of Pilot to his son in 1997, and is chairman of the Knoxville, Tenn.-based, $30 billion-a-year business.

    Source: The Redzone