Section B·Page 4 The University Daily Kansan Thursday, September 10, 1998 Susun S. Weed Susun S. Weed, green witch and wise woman, is an extraordinary teacher with a joyous spirit, a powerful presence, and an encyclopedic knowledge of herbs and he Friday, Sept. 11th "Using Herbs Simply & Safely" 2:00 - 4:00 p.m. 5th floor Kansas Union Free workshop - Sponsored by: PINES 21 Environments STUDENT SENATE Team gains status as most expensive in U.S. history Browns return to Ohio gridiron CHICAGO — NFL owners don't hold a grudge against Alfred Lerner for his role in moving the Cleveland Browns to Baltimore. The Associated Press And why should they? Lerner's $530 million purchase of the new Brown on Tuesday restored football in Cleveland and made them a whole lot richer. Despite helping Art Modell move the old Brown's to Baltimore, Lerner was chosen to own Cleveland's expansion team when the NFL unanimously accented his $530 million offer. The league gets $54 million for stadium costs, making the bottom line $476 million — still the most expensive sports team in U.S. history. However, the price is considerably less than the $1 billion media tycoon Rupert Murdoch is set to pay for the famed English soccer club Manchester United. The Brown's, who haven't won an NFL championship since 1964, easily became the highest-priced U.S. sports team, surpassing the $350 million Murdoch paid for the Los Angeles Dodgers this year. The price also surpassed the previous record of $140 million for an expansion team, set by Carolina and Jacksonville in 1993. Lerner, 65, teamed with former San Francisco 49ers president Carmen Policy, will write a very large check as the final step in his catharsis in the eyes of Cleveland fans. "I haven't done it and have no idea how it's going to feel," said Lerner, the richest of four bidders with a net worth of $2.5 billion. "If you ask me how it is to pay for a pair of shoes, that I know. When you're getting up to these kind of numbers, for everyone it's a unique experience." Lerner, a 5 percent partner in the old Browns, let Modell use his private jet to cut the deal that left Cleveland without a team after the 1995 season. He owns 90 percent of the expansion franchise, with Policy owning 10 percent and running football operations. It will be a true test for Policy, credited with building the 49ers' dynasty under owner Eddie DeBartolo Jr. "Given some luck ... we're going to be able to adequately meet the challenge," Policy said. "We're going to be under the gun, but I think we're going to perform." Added Dallas Cowboys owner Jerry Jones: "It's an outstanding deal, both for the owner and the city of Cleveland." At a news conference in Cleveland Tuesday night, Lerner said he intended to keep the brown, orange and white colors of the Brown's uniforms and, if possible, the same name for the stadium — Cleveland Municipal Stadium. He also said he had no regrets about the price. "It was a free market, and you had serious bidders with capacity, and that's what it took to buy it," said Lerner, flanked by Policy and former Browns quarterback Bernie Kosar, an adviser in the Lerner-Policy bid. Owners met for about five hours and took four ballots before Lerner and Policy eliminated Larry and Charles Dolan, who were teamed with Hall of Fame coach Don Shula and comedian Bill Cosby. Larry Dolan, a Cleveland-area lawyer issued a statement congratulating Lerner. His brother Charles, chairman of Cablevision Systems Corp., said he hadn't spoken with Shula but that he did get a call from Cosby. "He told me a couple of jokes," Dolan said. "He said, 'There's nothing you can do about it.' He was great. Of course, we're all disappointed." Lerner, whose first job selling furniture paid him $75 a week, made millions as chairman of MBNA Credit Corp. He becomes the fourth owner in Brown's history, joining Arthur "Mickey" McBride, David Jones and Modell, who bought the team for $4 million in 1961. Commissioner Paul Taglabile said a deadlock about Lerner and the Dolans was broken by Modell, who motioned for a unanimous vote. Modell said he did it for the good of the league. Lerner had the votes to win. The league's seven-member expansion committee met for about 90 minutes before all the owners met and considered offers from Lerner, the Dolans and New York real-estate magnate Howard Milstein. They eliminated Cleveland Bart Wolstein, who was teamed with Hall of Famer Jim Brown, but wanted the league temporarily to own part of the team. The committee unanimously endorsed the Lerner-Policy team, and the final vote among the 30 owners was unanimous with one abstention — Oakland's Al Davis. "Al Lerner deserved it in every respect," Jones said. "Both his interest in Cleveland and how he conducted himself through this process. It's a shame that they both couldn't have had Cleveland." Before Modell's motion, it was 21-7 in favor of Lerner with abstentions from Oakland and St. Louis. Voting for the Dolans were Baltimore, the Jets, Cincinnati, Buffalo, Tampa Bay, Chicago and the Giants. All subsequently switched, with Davis abstaining — as is his custom. "Right now, I'm thinking of Mr. Shula," Davis said. "I just thought he deserved tremendous consideration." With Lerner's help, Modell moved the Browns to Baltimore and renamed the team the Ravens because he believed he couldn't work out a deal for a new stadium. Lerner's substantial bank Dolan's bid was $500 million with the stadium money factored in, and Milstein's was substantially less, Tagliabue said. "It was a free market, and you had serious bidders with capacity, and that's what it took to buy it." Alfred Lerner New owner of the Cleveland Browns account and his insistence that he was only a bystander in the move worked in his favor. rhe had to show he was committed to being a member of the Cleveland Brown's." Jones said. "He did that." Tagliabue said Modell spoke in favor of the Dolan group but not against Lerner. "It was a very respectful, thoughtful, positive decision process," Tagliabue said. After Modell and the Brown's departure in 1996 left some of football's most loyal fans without a team, the city of Cleveland struck a deal with the NFL that guaranteed a replacement team by 1999. The NFL owners decided to make it an expansion team in February and gave the Browns a favorable stocking plan in July. The Browns get 30 veteran players from other teams and 14 extra draft picks, including the first overall next year. The new Brown's begin play next season in a $280 million, football-only stadium on the same spot where old Cleveland Stadium stood. The new owner gets millions in revenue from luxury boxes and club seats, plus the sale of 41,000 personal-seat licenses. Tagliabue said the Browns would get a full share from the league's $17.6 billion TV contract from their first season. Carolina and Jacksonville did not. Milstein's elimination meant that former players Calvin Hill and Paul Warfield lost their bid to give the expansion team black representation in the ownership group. Hill, father of NBA star Grant Hill, failed in his fourth bid to become part owner of a sports franchise. He would have run business operations for Milstein, while Warfield would have run football operations. the Palm III™ connected organizer keeps U. S. airline prices for the year-end 2019 are shown in thousands and U.S. net earnings for the fiscal year are shown in millions. Marketable Compensation includes the National Airlines Association, Air Transport Management Board, American Airlines Group, American Express Group, American Express Aviation Company, American Airlines Group track of what's due and other important stuff, like your cute lab partner's phone number and Saturday's parties. Touch the HotSync® button to exchange and back up info with your PC (even download e-mail you haven't read yet). About the only thing it can't do to make your life easier is write that paper. Organizers from Palm Computing start as low as $299* For an authorized Palm III retailer or campus computer store, call 1-800-242-9005 or visit www.palmcampus.com. FOR thr EDUCATION and RESEARCH COMMUNITY OVER ONE MILLION OF THE BEST MINDS IN AMERICA HAVE ALREADY CHOSEN THE BEST RETIREMENT SYSTEM. TIAA-CREF. When it comes to planning a comfortable future, America's best and brightest turn to the expert: TIAA-CREF. With over $230 billion in assets under management, we're the world's largest retirement system, the nation's leader in customer satisfaction, $^{a}$ and the overwhelming choice of people in education, research, and related fields. 1998 TIAA-CREE 750 Tenth Avenue, New York, NY Expertise You Can Count On For 80 years, TIAA-CREF has introduced intelligent solutions to America's long-term planning needs. We pioneered the portable pension, invented the variable annuity, and popularized the very concept of stock investing for retirement. In fact, we manage the largest stock account in the world (based on assets under management) Today, TIAA-CREF can help you achieve even more of your financial goals. From tax-deferred annuities and IRAs to mutual funds, you'll find the flexibility and choice you need, backed by a proven history of performance, remarkably low expenses, and peerless commitment to personal service. Find Out For Yourself To learn more about the world's premier retirement organization, talk to one of our retirement planning experts at 1800 842-2776. Or better still, speak to one of your colleagues. Find out why, when it comes to planning for tomorrow, great minds think alike. Visit us on the Internet at www.tiaa-cref.org Ensuring the future for those who shape it. *DALBAR, Inc., 1997 Defined Contribution Excellence Rating. Past performance is no guarantee of future results. CREF certificates and interests in the TIAA Real Estate Account are distributed by TIAA-CREF Individual and Institutional Services. For more complete information, include charges and expenses. call 1 800 842-2733, extension 6509, for the prospectus. Read them carefully before you invest or send money. 1 8/98