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Browns sale still not official

The SportsXchange

The Cleveland Browns have already introduced Jimmy Haslam as their new owner, but the NFL has not yet approved the sale.

Haslam said during the broadcast of Friday's Browns home exhibition game against the Philadelphia Eagles that the league's owners will vote on the matter in mid-October, according to NBC Sports' Pro Football Talk.

The vote is apparently a formality since the owners previously approved Haslam's minority ownership of the Pittsburgh Steelers.

Haslam purchased the Browns from Randy Lerner earlier this summer.

The sale could have a significant impact on the future of Browns president Mike Holmgren. It is not known if Haslam will retain Holmgren or let him go. If Holmgren is fired and has a "golden parachute" provision in his contract -- much like Bill Parcells had with the Miami Dolphins -- he could leave with full pay for the balance of his deal with the team.
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