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How much did Art Modell pay for the Cleveland Browns?

2 Answers

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When Art Modell entered the NFL in 1961, the league was a blip on the American sports radar. He paid $4 million, only $250,000 of which was his, to purchase the Cleveland Browns in 1961. In 2004, he sold the franchise, which had been moved to Baltimore and renamed the Ravens, for an estimated $600 million.
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Former Cleveland Browns owner Art Modell was not elected to the Pro Football Hall of Fame



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