Haslam takes over Browns; Banner to become CEO

The SportsXchange

Jimmy Haslam III was unanimously approved as the Cleveland Browns' owner Tuesday, and reportedly wasted no time making big changes.

Team President Mike Holmgren will leave after this season and Joe Banner is expected to be named CEO/President. the role he sought with the Philadelphia Eagles that eventually led to his departure.

The fates of general manager Tom Heckert and head coach Pat Shurmur are undetermined.

On Tuesday, NFL owners unanimously approved the $1 billion purchase team from Randy Lerner, voting 32-0. Haslam, who built his wealth through Pilot Flying J truck stops, divested his minority share in the Pittsburgh Steelers to buy the Browns.

The sale was agreed to in August, and Haslam will close the deal Oct. 25.

Holmgren, 64, who won a Super Bowl as head coach of the Green Bay Packers, was brought in by Lerner, and was instrumental in hiring Shurmur. He leaves three years into his tenure as team president.

The Browns have made the playoffs once since rejoining the NFL in 1999, and have one win this season.

Banner was Eagles president from 1995-2012, and was an integral part in Philadelphia's five straight NFC Championships and one Super Bowl appearance.
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