The four other finalists are Denver, Kansas City, Nashville and Las Vegas.
The Browns, Pro Football Hall of Fame and the Greater Cleveland Sports Commission partnered together to submit a bid to bring the event to local fans.
The winner will be selected in May at a NFL league meeting.
“We believe that Northeast Ohio is the perfect place to host the NFL Draft,” said Greater Cleveland Sports Commission President & CEO David Gilbert. “We can showcase the strength of our unique football history with the Cleveland Browns and the Pro Football Hall of Fame, and we have proven time and time again that Greater Cleveland Sports Commission can align community partners to successfully host large-scale sporting events.”