Cleveland Mayor Justin Bibb might want to send the Haslams a thank-you card, say the podcast hosts on Today in Ohio .
Despite his initial fight to keep the Browns on the lakefront, a new financial analysis shows the team’s departure might be the terrific financial news.
A comprehensive review by cleveland.com reporters Sean McDonnell and Rich Exner has revealed what many city finance experts have long suspected: the Browns stadium has been a consistent money-loser for Cleveland taxpayers.
“Sean and Rich crunched the numbers, and they found that Cleveland spends about $19 million a year on costs tied to the stadium,” explained Leila Atassi. “And in return, the city only collects about $17 million a year in revenue that’s directly linked to the stadium, mostly from the admissions tax,

cleveland.com

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