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The Heisman Trophy will have a new, permanent home as the centerpiece of the planned National Sports Museum, according to a newspaper report.

The board of the Heisman Trophy Trust, which controls the trophy, entered into an agreement with the museum, with plans to house the trophy and have an exhibit of Heisman memorabilia and artifacts, the New York Times reported today.

The trophy has been without a home since the Downtown Athletic Club closed four years ago.

Philip Schwalb, the chief executive and founder of the museum, told the newspaper that the museum hoped to become the site of the annual, nationally televised presentation of the Heisman Trophy, awarded to the top college football player of the year.

The National Sports Museum, scheduled to be completed in November 2006, will be in the former Cunard Passenger Ship Line building in Lower Manhattan, the Times said.