Giants

See which NFL team was sold for 1 billion

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See which NFL team was sold for 1 billion

From Comcast SportsNet
BEREA, Ohio (AP) -- The new owner of the Cleveland Browns is watching his first practice. Tennessee truck-stop magnate Jimmy Haslam III walked to the middle of the field Friday with team president Mike Holmgren and general manager Tom Heckert for his first glimpse at what 1 billion can buy. Haslam was wearing shorts on a hot, humid morning. Randy Lerner reached a deal Thursday to sell the club to Haslam, a minority stockholder in the rival Steelers. Haslam must divest his interest in the Steelers and also gain approval for the purchase from the NFL. Haslam, who planned to hold a news conference later Friday, promised Lerner the franchise won't be relocated. Haslam arrived in Cleveland late Thursday and dined with Holmgren. "He had done a lot of work on the Browns and the city of Cleveland," Lerner said Thursday, "and first and foremost gave me his personal assurance the team would remain in Cleveland." Lerner will sell 70 percent of the Browns to Haslam now, with the other 30 percent reverting to him four years after the closing date, a person with knowledge of the sale told The Associated Press on condition of anonymity because details have not officially been announced. "This is a very exciting time for my family and me," Haslam said through the team. "To own such a storied franchise as the Cleveland Browns, with its rich tradition and history, is a dream come true. We are committed to keeping the team in Cleveland and seeing it get back to the elite of the NFL -- something all Browns fans want and deserve." While the papers have been signed, the NFL still must sign off on the deal. Getting the nod from 24 of the 32 teams is required, and no date has been set for a vote because the sale has not been presented to the league yet. The person with knowledge of the sale said approval is expected by the end of September. ESPN reported the sale price was more than 1 billion. For comparison, the Miami Dolphins sold at a value of more than 1 billion in 2009. The Browns were valued at 977 million last year by Forbes magazine, 20th in the NFL. Asked if he was surprised by the deal, Holmgren said: "On one hand, the surprising part was the time of the year. But in this business, I gave up being surprised a long time ago." Lerner, whose family has owned the franchise since it returned to the NFL in 1999, first announced he was in negotiations to sell the club last week. The late Al Lerner, Randy's father, purchased the franchise from the NFL in 1998 for 530 million after the original Browns moved to Baltimore in 1996 and became the Ravens. The elder Lerner died in 2002. Randy Lerner also is the owner of Aston Villa, a club in the English Premier League. The expansion Browns entered the NFL in 1999 and have made the playoffs just once, a 2002 first-round loss to the Pittsburgh Steelers. They've had only two winning records in 13 seasons and are 68-140 since they returned. Even with a string of failures on the field, the value of the Browns -- like other NFL franchises -- keeps increasing, boosted by broadcast income. The league agreed in December to nine-year contracts with CBS, Fox and NBC that run through the 2022 season and will boost revenue from the 1.93 billion last season to 3.1 billion by 2022. The NFL reached an eight-year extension with ESPN last year through the 2021 season that increases the rights fee from 1.1 billion to 1.9 billion annually. Haslam has been a minority investor in the Steelers since 2008, and is the president and CEO of Pilot Flying J, the largest operator of travel centers and travel plazas in North America. He is the older brother of Tennessee Gov. Bill Haslam. According to a 2010 profile on Steelers.com, Haslam has been a Dallas Cowboys fan and then an Indianapolis Colts fan. But with the Pittsburgh investment, Haslam said he had become "1,000 percent a Steelers fan." The Haslam brothers are supporters of the University of Tennessee, where their father Jim Haslam played tackle on the 1951 national championship football team under Gen. Robert R. Neyland, who built the Volunteers into a football powerhouse. The elder Haslam founded the Pilot Corp. in 1958 with a single gas station in Gate City, Va. He credits sons Bill and Jimmy with expanding the chain from mostly gas stations and convenience stores to a "travel center" concept of truck stops featuring branded fast food service. As for Haslam possibly moving the franchise, Holmgren emphatically added, "The Cleveland Browns aren't going anywhere." But the current staff might be if the Browns don't do better than the 4-12 record of 2011, Pat Shurmur's first season as coach. New owners usually bring in their own management team, although Shurmur has impressed many people around the league. "I have no fear about any of that because I trust my coaches, I trust the players and I've watched the work they've done based on the conversation of this last week," Shurmur said Thursday. "I think we're moving full steam ahead. That doesn't bother me one bit at this point at this point. My concern is getting this team ready to play and our players understand that message and they are doing a good job." Holmgren would not address his future with the Browns. "Honestly, my focus is to have guys here concentrating on football, making it business as usual," he said. "The what ifs and hypotheticals, I have to stay away from." Haslam would be the sixth majority owner of the Browns: team founder Mickey McBride (1945-1953), David Jones (1953-1961), Art Modell (1961-1995), Al Lerner (1998-2002), and Randy Lerner (2002-present). An NFL trust also oversaw the inactive franchise from 1996-1998. Cleveland last won the NFL championship in 1964, beating Johnny Unitas and the then-Baltimore Colts 27-0. The Browns have never been to the Super Bowl.

Eduardo Nunez 'forever grateful' for his time spent with the Giants

Eduardo Nunez 'forever grateful' for his time spent with the Giants

SAN FRANCISCO — Eduardo Nuñez left San Francisco in a strange way. The third baseman was traded in the middle of Tuesday night’s game and mostly said his goodbyes in a stairwell behind the home dugout at AT&T Park. Before joining the Red Sox, Nuñez took to his social media pages to send a message to the Giants and their fans. 

On Twitter, Nuñez thanked the organization for “the great opportunity and experiences learned” and wished the team the best of luck. His Instagram message was a bit longer. 

“I will be forever grateful to have had the opportunity to be a part of this amazing team,” Nuñez wrote. “I value the experiences learned during my time here and I will miss my teammates, the fans, and the beautiful city of San Francisco very much. Best wishes to the Giants organization during the rest of this season. God Bless.”

Nuñez is expected to join the Red Sox on Friday. Boston’s manager, John Farrell, told reporters that his new infielder will get “a high number of at-bats” despite the presence of top prospect Rafael Devers. 

"This is someone who's swinging the bat very well right now,” Farrell said, according to MassLive.com. "A high energy player that can run the bases well. He’s got really good line drive power so his .300-plus batting average to mix into this lineup is a good addition." 

Top prospect Shaw not feeling pressure of potential call-up

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Top prospect Shaw not feeling pressure of potential call-up

SAN FRANCISCO — The Giants do not like to set timetables for their top prospects, instead encouraging them to force their way into promotions. Christian Arroyo did that in April and Ryder Jones followed over the summer, and both should be in position to compete for the third base job next spring. 

One of those two could ultimately fill a gaping hole in the lineup. When it comes to left field, one of their current River Cats teammates hopes to do the same. Chris Shaw is the organization’s top prospect on some lists, and on all lists, he is their top power-hitting prospect. 

The 23-year-old has 16 homers and 23 doubles across two levels this season, good for a .503 slugging percentage that’s right in line with his mark (.502) over 269 professional games. Shaw is on the fast track, and he became more intriguing when the Giants — with Brandon Belt signed long-term at first — moved him to left full-time this season. 

Shaw is doing what was asked of him. Earlier this week, I asked him if that has him thinking about a promotion. 

“It’s my motivation obviously to get to the big leagues, that’s why you work so hard in the offseason is to put yourself in that position to be knocking on the door,” he said. “But now, in season, you kind of put all your work in up to this point and everything else is a result of all your hard work up to this point. I don’t necessarily put any extra pressure on myself because right now I just go out and play and whatever happens, happens.

“I can’t dictate what falls and what doesn’t fall and what my batting average is going to look like a month from now, and ultimately what the front office wants to do. I’m fully aware they don’t have to add me this year. I trust in the front office in promoting me when they feel I’m ready developmentally.”

The big problem for Shaw at the moment is that the Giants do not need to add him to the 40-man roster until after the 2018 season. They are big on inventory, and not keen on DFA’ing another player this year and taking up a winter roster spot over the offseason for a prospect who currently is not in the opening day plans for 2018. That’s the paperwork side of this.

On the field, Shaw is blocked by Gorkys Hernandez (who is now playing everyday), Jarrett Parker (who will finish his rehab assignment soon), Mac Williamson, and others. It remains a bit of a long shot that Shaw gets a September cameo, and when I checked in with team officials a week ago, the word was that it’s not currently in the plans. 

Having said that, the last-place Giants could certainly use some excitement and a glimpse of power. Shaw has some time left to change the front office's September plans. In the meantime, he’s the latest guest on our Giants Insider podcast. The quote above is from the podcast, which you can stream here or download on iTunes here. We talked promotions, his move to left, his power, his post-deadline tweet last year, and more.