Charles Woodson Buys Stake In Cleveland Browns In Bold Move
NFL Hall of Famer Charles Woodson will buy an ownership stake in the Cleveland Browns. In a shocking move, Woodson, an Ohio native, plans to join the ownership team. Woodson spent his professional career playing for the Green Bay Packers and Oakland Raiders. He was born in Fremont, Ohio, and grew up as a fan of the Browns. With this investment, Woodson will have a Tom Brady-inspired clause in his deal.
Tom Brady Clause
Charles Woodson is on the verge of buying a small stake in the Browns. However, Browns Majority Owner Jimmy Haslam will only agree to that deal if Woodson refrains from visiting opposing teams’ facilities and conducting private interviews with non-Cleveland players during his responsibilities with Fox Sports. Tom Brady, a part-owner of the Raiders, has a similar deal.
The “Tom Brady clause” bars Woodson from reporting and restricts him to only analytical work. These days, Woodson is a mainstay of Fox Sports’ NFL Kickoff and Big Noon Kickoff shows. While Woodson will have a 0.1% stake, which may seem insignificant, Forbes estimates the Browns are worth $5.15 billion. Woodson’s 0.1 percent ownership, according to Diana Russini, would be worth approximately $5.15 million in that manner.
Charles Woodson’s Business Deals
According to Russini, Woodson will remove his name from all companies he owns. In 2005, the former Defensive Player of the Year launched the “Twenty Four by Charles Woodson” brand, and in 2019, he introduced “Charles Woodson’s Intercept Wines.” Additionally, he recently acquired “Woodson Whiskey.” Many of the alcohol investment brands violate some rules within the NFL.
According to Celebrity Net Worth, Woodson’s estimated net worth is $35 million, which includes his playing career, alcohol businesses, and analyst work with Fox Sports. That figure might soar depending on how the Browns perform in the coming decade.
Conclusion
Charles Woodson’s purchase of a Cleveland Browns ownership stake is a significant event rather than just a news story. It demonstrates how the NFL is evolving and how players aspire to lead both on and off the field. Woodson brings decades of experience, knowledge, and a vision for a more competitive and inclusive future to this new position.
