Jimmy Haslam is no longer a part owner of the Pittsburgh Steelers. The owner of the Cleveland Browns sold his shares back to the team.
According to the Steelers, the majority of Haslam's shares were purchased by current owners. Part of his stake was sold to new shareholders, Scott and Russ Swank. "We appreciate the continued confidence of our Ownership group involving this purchase of stock owned by Jimmy Haslam, and we welcome Scott and Russ Swank to our Ownership group," Steelers president Art Rooney II said in a statement released by the club.
Haslam had been a minority owner of the Steelers before buying the Browns. He could not immediately sell his Pittsburgh shares when he took over in Cleveland.