CLEVELAND -- The Cleveland Browns have scheduled an afternoon news conference on the stadium for this afternoon. It's been widely reported the announcement is expected to reveal a naming rights deal for Cleveland Browns Stadium.
You can watch the news conference on Channel 3 and wkyc.com.
Published media reports indicate the deal is with Akron-based FirstEnergy.
Neither the Browns nor FirstEnergy have confirmed the deal but FirstEnergy did release a statement on Monday that read in part:
"In Ohio, we've long championed Cleveland teams with prominent sponsorships at Browns Stadium, Progressive Field and Quicken Loans Arena. While we remain committed to partnering with local community leaders and businesses to make our communities attractive places to live and work, we have no new announcements regarding any major sponsorships at this time."
New owner Jimmy Haslam left open the possibility of selling naming rights to the stadium when he first took over the reins of the team last fall.
Browns Stadium has never had a corporate sponsor attached.
Former Browns owner Randy Lerner declined to sell naming rights to Cleveland Browns Stadium, which opened on the shore of Lake Erie in 1999 when the team was reintroduced as an expansion franchise. Art Modell moved his team to Baltimore after the 1996 season.
The deal could bring millions to new owner Jimmy Haslam, who bought the Browns from Lerner for around $1 billion last October.
WKYC-TV
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