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FOUR BROWNS BIDDERS CONFIRM APPLICATION, TWO PLACE $350M BID
Published August 7, 1998
The bidding for the new Browns started yesterday, "with some groups saying they would pay more than" $350M, according to Zach Schiller of the Cleveland PLAIN DEALER. Four groups said yesterday they had sent in preliminary bids for the team, and two of them -- one led by Howard Milstein and the other by Thomas Murdough -- said they had bid $350M plus. Indians Owner Richard Jacobs and OH business exec Bart Wolstein also confirmed their bids. There is no set deadline to receive bids. The league will meet on August 19, where "applicants have been invited to make their cases to the 30 NFL owners" (Cleveland PLAIN DEALER, 8/7). POLICY'S DECLARATION: Carmen Policy, asked if other NFL owners "are unhappy" he's pursuing the Browns with Al Lerner: "I think I have a few enemies in the league. They'd be angry with me if I was saving little old ladies caught in the middle of New York City traffic" (CBS SportsLine, 8/6).