Estate of Paul E. Brown, Deceased, Peter D. Brown and Michael Brown, Co-Executors - Page 5

                                          5                                           
               The Cleveland Browns won all four AAFC league championships            
          from 1946 to 1949.  The AAFC stopped operating after the 1949               
          season.  Three AAFC teams (Cleveland, San Francisco, and                    
          Baltimore) joined the NFL beginning in the 1950 season.  The                
          Cleveland Browns won the NFL championship in 1950, 1954, and                
          1955, and lost championship games in 1951, 1952, 1953, and 1957.            
               Art Modell (Modell) and a group of investors, including Paul           
          Brown as a minority investor, bought the Cleveland Browns in                
          1961.  Modell tried to undermine Brown after the Modell group               
          bought the Cleveland Browns.  Modell fired Paul Brown in 1963.              
          Brown moved to California for a short retirement.                           
               3.   The American Football League                                      
               The American Football League (AFL) was founded in 1959.  The           
          AFL generally established franchises in cities where the NFL did            
          not have teams.                                                             
               The AFL operated as a separate football league from 1960 to            
          1969.  The AFL and NFL drafted and competed for the same players,           
          which led to higher player costs for AFL and NFL teams.  The AFL            
          and NFL also competed for advertising dollars and television                
          audiences.  The AFL secured a 5-year, $136 million television               
          contract from NBC for its 1965 season, which gave it a                      
          substantial economic boost.                                                 
               4.   Merger of the NFL and AFL                                         
               On June 8, 1966, the AFL and NFL announced that they would             
          merge.  The agreement provided that AFL and NFL teams would                 




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