Back to today’s briefing

Story perspectives

Browns Sell 3% Stake to Arctos for $192 M

5/20/2026

29 5

Summary

Story summary

NFL owners approved on May 19, 2026 the sale of a 3% Cleveland Browns stake to Arctos Partners.
The deal values the Browns at just over $9 billion and gives roughly $192 million cash.
Owners Jimmy Haslam and Dee Haslam said Arctos shares their long-term vision.
The sale follows the 2024 NFL rule permitting 3%-10% private-equity stakes.
The Browns have begun a $2.6 billion stadium project in Brook Park, pledging $1.755 billion.

History

Historical Context

Since Forbes began its annual NFL franchise rankings (officially recognized after the 2014 season), the Dallas Cowboys rose from about $5.5 billion in 2015 to a $13 billion valuation in the November 2025 list, the league’s most valuable team. The Cleveland Browns, valued at $6.4 billion in the 2025 ranking, approved a 3% equity sale to Arctos Partners in May 2026, showing how rising franchise values spur private-equity deals.

1 of 2

Story summary

NFL owners approved on May 19, 2026 the sale of a 3% Cleveland Browns stake to Arctos Partners.
The deal values the Browns at just over $9 billion and gives roughly $192 million cash.
Owners Jimmy Haslam and Dee Haslam said Arctos shares their long-term vision.
The sale follows the 2024 NFL rule permitting 3%-10% private-equity stakes.
The Browns have begun a $2.6 billion stadium project in Brook Park, pledging $1.755 billion.

1 / 2