Tag

Jimmy Haslam

All articles tagged with #jimmy haslam

sports9 days ago

Browns Fire Coach Stefanski Amid NFL Coaching Changes

Browns owner Jimmy Haslam expressed that Kevin Stefanski should have won more games and emphasized the importance of the upcoming 120 days for the organization, including a thorough head coaching search led by Andrew Berry. The team aims to improve its performance, retain defensive coordinator Jim Schwartz, and build a stronger roster through strategic moves and draft picks.

sports5 months ago

Browns Owner Clarifies Shedeur Sanders Draft Decision

Cleveland Browns owner Jimmy Haslam clarified that the decision to draft Colorado quarterback Shedeur Sanders was made by General Manager Andrew Berry, not his own recommendation, despite public speculation and visible dissatisfaction in the draft room. Sanders was drafted in the 2025 NFL Draft after a standout senior season at Colorado, adding depth to the Browns' quarterback room alongside Dillon Gabriel, Kenny Pickett, and Joe Flacco, with Deshaun Watson expected to miss the season due to injury.

sports1 year ago

Browns Owner Haslam to Review Team's Future, Including Watson's Role

Cleveland Browns owner Jimmy Haslam plans to evaluate the team's disappointing season after it concludes, despite expressing confidence in coach Kevin Stefanski and GM Andrew Berry. The Browns have fallen from a playoff team to a 3-10 record, leaving Haslam perplexed. Decisions about the quarterback position, particularly regarding Deshaun Watson's hefty guaranteed contract, remain pending. Haslam's final decisions will likely influence the team's future direction.

sports1 year ago

"Browns Owners Consider Stadium Future: Renovation or New Dome?"

Browns owners Dee and Jimmy Haslam are considering two main options for the future of the Browns' stadium: a major remodel of the current location or building a new domed stadium. They are open-minded and in the process of evaluating their options, including a potential new location in Brook Park. The Haslams see the project as an economic opportunity for Northeast Ohio and are focused on creating a high-end experience for fans while making a smart financial decision. They are also considering naming rights for the stadium and are committed to doing what is best for the fanbase and the city of Cleveland.

business2 years ago

"Settlement Reached: Haslam and Buffett Resolve Legal Dispute Over Pilot Travel Centers"

The legal battle between billionaires Jimmy Haslam and Warren Buffett's Berkshire Hathaway over the value of the remaining 20 percent of Pilot Corporation has been settled, leading to the cancellation of the trial. The settlement includes the dismissal of all claims and counterclaims against each other. Despite previous allegations of bribery, the resolution indicates that both sides found it preferable to avoid a court battle. However, there may still be potential consequences as federal prosecutors were looking into the situation.

business2 years ago

"Federal Prosecutors Probe Alleged Bribery Attempt by Jimmy Haslam at Pilot"

Federal prosecutors in New York City are investigating allegations that Cleveland Browns owner Jimmy Haslam attempted to bribe Pilot executives in order to increase the value of the remaining 20% of the company, which is set to be purchased by Warren Buffett's Berkshire Hathaway. The investigation was revealed during a court hearing for a civil lawsuit aimed at determining the value of Pilot. Haslam's lawyers have denied the bribery allegations, calling them meritless and retaliatory. The outcome of the investigation and its potential impact on Haslam and Berkshire remain uncertain.

business2 years ago

"Browns Owner Jimmy Haslam Faces Federal Investigation for Alleged Bribery and Illegal Payments"

Cleveland Browns owner Jimmy Haslam is under investigation by federal prosecutors over allegations that he attempted to bribe employees of Pilot Travel Center, a company owned by Warren Buffett's Berkshire Hathaway, in order to boost profits and increase the sale price of the business. The investigation is part of a civil suit between Haslam and Berkshire. The Haslam family, which owns Pilot, has an annual option to sell the remaining 20 percent of the company, but there are disagreements over the valuation and accounting methods. Prosecutors are looking into whether Haslam bribed Pilot executives to manipulate profits.

business2 years ago

Browns Owner Jimmy Haslam Faces Federal Investigation for Potentially Illegal Payments

Cleveland Browns owner Jimmy Haslam is under federal investigation over potentially illegal payments made to Pilot executives in order to boost the company's value before its sale to Berkshire Hathaway. The investigation came to light during a recent court hearing involving a civil suit between Haslam and Warren Buffett's Berkshire Hathaway. Haslam had sued Buffett in October, claiming that Berkshire tried to devalue the remaining stake in Pilot. The investigation is examining whether these payments caused the value of Haslam's shares in Pilot to increase before being sold to Buffett.

business2 years ago

Investigation into Billionaire Jimmy Haslam's Pilot Payments and Bribery Allegations

Federal prosecutors in Manhattan are investigating whether billionaire Jimmy Haslam offered payments to executives at Pilot Travel Centers that could affect a sale of his stake in the company to Warren Buffett’s Berkshire Hathaway. The alleged payments are being reviewed by prosecutors in the Southern District of New York and were disclosed during a court hearing in a civil lawsuit between Haslam and Berkshire.

business2 years ago

"Billionaire Jimmy Haslam Faces Investigation for Pilot Payment Controversy"

Federal prosecutors in Manhattan are investigating whether billionaire Jimmy Haslam offered payments to executives at Pilot Travel Centers that could affect a sale of his stake in the company to Warren Buffett's Berkshire Hathaway. The probe was disclosed during a court hearing in a civil lawsuit between Haslam and Berkshire. Haslam alleges that Pilot Travel executives installed by Buffett have changed accounting methods to cut the value of his holdings. Berkshire's lawyers claim that Haslam launched an "illicit scheme" involving secret bonuses to boost short-term profit. The investigation is the latest development in an ongoing legal battle between the two billionaires.

business2 years ago

"Billionaire's Illicit Payments Allegedly Boosted Pilot's Profit, Berkshire Claims"

Berkshire Hathaway has accused Jimmy Haslam, the former owner of Pilot Travel Centers, of engaging in an "illicit scheme" to manipulate the company's earnings and increase the value of his remaining stake. According to court filings, Haslam allegedly promised secret bonuses to senior executives and managers in order to boost short-term profits at the expense of long-term value. The aim was to raise the value of his 20% stake in the truck stop chain.