The Cleveland Browns and FirstEnergy Corp. announced on Thursday that they have reached a decision to end their stadium naming rights agreement.

Terms and conditions of the agreement were not disclosed, however, the team said that its home stadium will return to its former name, Cleveland Browns Stadium.

"We've had a great association with FirstEnergy for more than two decades, and we appreciate this partnership and what it has created for our team and the broader northeast Ohio community," Dave Jenkins, Haslam Sports Group COO said in a statement.

Jenkins described the agreement as amicable, and consistent with the productive relationship they have enjoye.

"Since we signed this agreement ten years ago, our priorities have shifted as the company evolved from a competitive energy supplier to a regulated utility, and as a result, our corporate initiatives must also evolve," said John Somerhalder, interim president and CEO.