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NY SPORTS VENTURES' MILSTEIN THE LATEST INTERESTED IN BROWNS

          Thomas Murdough, President & CEO of The Step2 Co. and a
     candidate for the Browns franchise, announced that he filed
     his formal application with the NFL by the May 15 deadline
     (THE DAILY).  In Akron, David Adams wrote that Murdough has
     retained Cleveland-based groups to help his bid, including
     the investment firm of Brown, Gibbons, Lang & Co., the law
     firm of Arter & Hadden, the accounting firm of Arthur
     Andersen and the PR agency Robert Falls & Co. (AKRON BEACON
     JOURNAL, 5/17).  Adams added that the league could announce
     the Browns' franchise fee at this week's owners meetings,
     and it could range from $300-500M (BEACON JOURNAL, 5/17).  
          RUN OF THE MIL RUMORS? In Cleveland, Grossi & Lubinger
     reported that a new group led by Isles co-Owner Howard
     Milstein is interested in the Browns.  Included in
     Milstein's group are former Browns Calvin Hill and Paul
     Warfield and NY attorney Robert Lewis (Cleveland PLAIN-
     DEALER, 5/16).  In Akron, Terry Pluto reported that Indians
     Owner Richard Jacobs "has yet to make a formal application,
     but the NFL wants him to do so.  Jacobs will be a player in
     this before it's all over" (AKRON BEACON JOURNAL, 5/18).

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