CLEVELAND — When the Cleveland Browns start their season in the fall, it won’t be at FirstEnergy Stadium.
The team and FirstEnergy Corp. announced Thursday morning that they have mutually agreed to end their stadium rights agreement. Cleveland’s stadium had been called FirstEnergy Stadium since 2013.
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The ending of the agreement means the stadium will revert back to its former name, Cleveland Browns Stadium.
“We reached this amicable agreement that is consistent with the productive relationship we have always enjoyed, and we wish FirstEnergy success with their future initiatives,” Dave Jenkins, Haslam Sports Group COO, said.
Jenkins said in a release that the team has had a “great association” with the company for more than two decades.
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“Since we signed this agreement ten years ago, our priorities have shifted as the company evolved from a competitive energy supplier to a regulated utility, and as a result, our corporate initiatives must also evolve,” John Somerhalder, interim president and CEO of FirstEnergy Corp., said.
Somerhalder said the company will remain “passionate Browns fans.”
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