Part of the reason the process is moving so quickly is potential new owner Jimmy Haslam III has already gone through the NFL's vetting system approving him as a possible owner. Haslam went through the process in 2009 when he purchased a minority stake in the Pittsburgh Steelers.
Haslam, who will reportedly purchase the team for $920 million, could be the new majority owner in time for the Browns' opening game against the Eagles. Before that happens, a committee of NFL owners would have to meet to approve the sale. According to Cabot's report, that meeting could occur sometime in August or early September.