The Cleveland Browns moved to Baltimore in 1996 after stadium issues with the city of Cleveland.
Cleveland was allowed to keep the "Browns" intellectual property, name, team colors, etc.
The players, farnchise, and owner (Art Modell) moved to Baltimore.
The name "Ravens" was chosen as the winner of a name the team contest, to pay homage to Edgar Allen Poe who was born in Baltimore.
In 1999 the NFL awarded Cleveland an expansion team. That team assumed the name "Cleveland Browns" and continued play with all the team records and history of the franchise that moved to Baltimore.
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Art Modell, the Cleveland Browns owner, threatened to leave town for Baltimore. Later on he did, and the Ravens got new uniforms, logos, stadiums, but still kept the players and coaches.