$6.4bn NFL team hopes to exploit little-known loophole to save $100m on publicly-funded stadium

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Jimmy Haslam is backing a proposal that could save the Cleveland Browns around $100 million in taxes on their billion-dollar Brook Park stadium project.The NFL franchise broke ground last month on a new 67,500-capacity facility in the suburbs, which will be built next to Cleveland Hopkins International Airport and about 15 miles south of their current downtown home.The Browns have a bright new futureHKSInitially estimated at $2.4bn, the cost of the state-of-the-art stadium — which promises to ‘enhance every element of the fan experience’ — has jumped to $2.6bn.The Browns announced in March that Haslam Sports Group (HSG) will contribute $1.755bn (67.5 percent of the total cost) toward the build, and the other 32.5 percent will come from the public purse.But Haslam appears to have found a way to claw back some of that money.Per Rich Exner of the Cleveland Plain Dealer, the Browns want Brook Park to create a stadium authority which would officially own the arena and lease it back to his team.The agreement would reportedly lead to a reduction of around $100 million in sales tax on materials.Brook Park City Council is set to discuss the proposition ahead of a public meeting on July 15.As it stands, $600 million is being contributed by the state of Ohio, and $245 million from Brook Park. Any overruns will be covered by the team.The state is hoping to use unclaimed funds to fund its share, but a court battle has delayed matters.Browns want Super Bowl in ClevelandThe Browns decided to leave downtown Cleveland for the suburbs in the hope of following the Tennessee Titans in bringing a Super Bowl to a gleaming new dome.Local taxpayers will front some of the costHaslam Sports GroupThe stadium will sit 15 miles south of downtown ClevelandHKSA ‘Dawg Pound’ stand will draw inspiration from one of Europe’s most iconic soccer stadiums, housing 6,500 spectators in 60 steep rows that bring them closer to the field than any other seats.NFL commissioner Roger Goodell has opened the door to Super Bowls in Ohio.“The stadium is clearly going to be suitable for a Super Bowl,” he said, via Browns insider Mary Kay Cabot. “I think the real challenge is going to be how transformational this is here. The airport is important for us. Hotels are important for us.“All of the facilities are the biggest challenge for hosting a Super Bowl now.“We have probably close to 200,000 people coming in for a Super Bowl. It’s great for economic impact, but it’s hard for cities to be able to meet some of those requirements on the facilities. So that’s the biggest challenge.”NFL Stadium StatusOn the Move – Why is Roger Goodell allowing three of NFL’s most famous teams to build $8.8bn new homes and ditch diehard fans?Chicago Bears – NFL’s second-oldest team admits defeat as $5bn relocation from 102-year-old stadium confirmed in statementKansas City Chiefs – Chiefs owner issues response as Kansas City’s $4bn cross-state relocation plan hits roadblockJacksonville Jaguars – $5.6bn NFL team’s 150-mile relocation triggers unique rule exemption amid CBA conflictCleveland Browns – $2.6bn NFL stadium fraught with drama finally makes breakthrough as Super Bowl dream teasedTennessee Titans – Super Bowl 2030 host is unopened $2.2bn ‘cookie-cutter’ stadium that will be NFL’s smallestWith the stadium moving forward, the next step is finding a franchise quarterback.Shedeur Sanders and Deshaun Watson are currently fighting it out to be named QB1 in 2026, with a loaded NFL Draft class on the way next year.Arch Manning heads that list going into the college football season, but there is speculation that the Texas passer could snub the draft and return to the Longhorns.“We haven’t had the discussion, but I will tell you, I would not be surprised,” head coach Steve Sarkisian told Kay Adams on the Up & Adams show.“I think Arch really loves college football, I really do. I think he loves the University of Texas.“He does pretty good through NIL, you know, he’s got some pretty good endorsements going right now, which is a credit to him and obviously the lineage of the last name and the brand of the University of Texas, all of those things coming together.“On the same token, I won’t be surprised if he declares and decides to go into the draft.”Stay up to date on all things NFL across our talkSPORT platforms – subscribe to our YouTube channel for the latest news, opinion, exclusive interviews and our daily unfiltered, unscripted show ‘The S* Word, from 8am ET.