Randy Lerner has sold the Cleveland Browns to Tennessee business man Jimmy Haslam in a deal in excess of $1 billion. Both sides have been negotiating since Friday.
As the franchise has been struggling, it remains to be seen if any front office changes will be made.
The team went 4-12 in 2011, and has not made the playoffs since 2003.
There is hope for the future however, following the selection of prime running back Trent Richardson and quarterback Brandon Weeden in April's Draft.