CLEVELAND (AP) - Team president Carmen Policy has signed a five-year contract extension with the Cleveland Browns that runs through the 2008 season.
Policy, who owns 10 percent of the team, agreed in principle to a new deal in March. He signed the agreement earlier this week, Browns spokesman Todd Stewart said Thursday.
Policy signed a five-year deal with the club in 1998.
He was team owner Al Lerner's choice to build the expansion franchise when the club returned to the NFL in 1999.
Policy had considered leaving the Browns following Lerner's death last year, but the former San Francisco 49ers' president decided to make a long-term commitment to stay with the Browns, who now are owned by Lerner's son, Randy.