The councilperson said FirstEnergy has failed to acknowledge its criminal behavior by continuing to market itself using the public’s taxpayer-funded stadium.
CLEVELAND, Ohio - Cleveland City Council introduced legislation on May 23 calling on the FirstEnergy Corp. to relinquish its naming rights to the city’s publically owned Browns football stadium.
The naming rights to the stadium were sold to FirstEnergy for a reported $107 million in 2013, according to Cleveland City Council. Kazy said FirstEnergy has failed to acknowledge its criminal behavior by continuing to market itself using the public’s taxpayer-funded stadium.“The resolution I am sponsoring is self-explanatory. First Energy spent nearly $61 million to get Ohio HB 6 passed to secure a $1.3 billion dollar bailout by ratepayers for its nuclear power plants. A federal investigation led to felony charges in connection to the bribery scheme to influence state legislators to pass the legislation.