Art Modell, former owner of the Cleveland Browns and then the Ravens when he moved the team to Baltimore has passed away at the age of 87. His son, former Ravens President David Modell, confirmed his father’s death via release:
Modell bought the Browns for $4 million in 1961 and was the owner for 35 years. Modell ran into financial issues in 1999 which resulted in him selling a minority share of the team to Steve Bisciotti in 1999. By 2004 Bisciotti had taken the team over completely.