The CitiCenter office building is poised for new life as housing.
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Crain's Cleveland Business is Northeast Ohio's leading source for weekly business news, analysis and commentary. Every Monday, its award-winning editorial staff reports on area companies, executives and business owners in manufacturing, finance, healthcare, real estate, higher education, government, non-profit, technology, small business, law and more.
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The Cleveland Guardians are poised to enter this offseason with no TV deal —?and their options aren't great. The team's contract with Diamond Sports Group — which owns its broadcast partner, Bally Sports Great Lakes — expires at the end of the 2024 season, along with the contracts of two other Bally teams: the Minnesota Twins and Texas Rangers. With Diamond still mired in bankruptcy proceedings — and with Amazon pulling back from its plan to infuse $115 million in cash in the regional sports network (RSN) operator — Cleveland will likely need to choose from two less-than-ideal options: Re-signing with Diamond for less annually than the $55 million Cleveland was earning in 2023, or becoming part of Major League Baseball’s Local Media division — again, for less money. “The Guardians are in this kind of box, and they’ve got some decisions to make,” media consultant and longtime Fox Sports executive Patrick Crakes told Crain's Cleveland Business. “And Bally has some decisions to make. My guess is they want to extend the life of their RSN and, in a perfect world, they would keep the Guardians.” That’s becoming more difficult as the bankruptcy hearings reach the 18-month mark. Diamond said it’s hoping to emerge from bankruptcy in early- to mid-November, a claim that drew an audible snort from MLB, which noted that Diamond’s financial issues actually stretch back to 2021. “This is now the fourth season in a row that Major League Baseball is heading into the offseason with a complete lack of information and clarity with respect to what’s going to happen,” James Bromley, a lawyer for MLB, said in court on Tuesday, Sept. 3. Read more: https://lnkd.in/gYUtNG25
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It's the latest big attraction meant to open up access to Cleveland's lakefront.
Cleveland Metroparks plans a $15M sailing center on Lake Erie
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Meet the new voice of the Cleveland Browns.
Former NFL Red Zone host Andrew Siciliano tabbed as Jim Donovan's replacement
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Nearly a million people flew through Cleveland's airport in July, making it the busiest month since the George W. Bush administration.
Cleveland Hopkins airport has its busiest month in over 15 years
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Once home to a Cleveland automotive pioneer and baseball's first Jewish superstar, the seven-bedroom mansion is seeking a new caretaker.
Shaker Heights property with baseball Hall of Fame ties hits the market
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The 20-year deal came together in a month — and follows the Browns if they leave Cleveland.
Cleveland Browns Stadium gets new name in last-minute deal before NFL season
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The 444-suite apartment complex has a new out-of-state owner.
Cherry Tree Village snatched up for $60 million by Chicago-based group
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The club will cater to fans who have seats in rows 1-14 at center court — just behind the floor seats.
Cavs make a high-roller pivot, convert Caesars SportsBook to new club lounge
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The Cleveland Browns are losing their voice — and this time, it looks permanent.
Browns radio announcer Jim Donovan announces retirement after cancer relapse
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