|The NFL wasn't going to allow the Vikings to play in a college stadium while a new stadium was built. (Getty Images)|
By Ryan Wilson
In late January, there were discussions that NFL owners might nix the Vikings' new stadium deal, primarily because the logistical gymnastics involved the Vikes playing up to three years in a temporary venue while the stadium was built.
The possibility of $67 million in losses over that time made it a non-starter. Now, according to the StarTribune.com, it appears that the team, the state and the city have a preliminary stadium deal in place. Details via the StarTribune.com's Rochelle Olson and Mike Kaszuba:
Minneapolis, the state and the Minnesota Vikings have reached preliminary agreement on the division of costs for a $975 million stadium on a site at or near the 30-year-old Metrodome, according to multiple sources who spoke Friday on condition of anonymity.The sources added that all the details -- including cost overruns -- still need to be sorted, but there could be an announcement as soon as next week.
The city would contribute $150 million in construction costs to the downtown Minneapolis project. The state would pay $398 million and the Vikings would pay $427 million. The city also would pay approximately $180 million in operating costs over the next 30 years, the sources said.
Vikings vice president Lester Bagley wouldn't comment on the report instead insisting that “There is no agreement. Everything is subject to negotiations. We’re working hard on an agreement, but we’re not there yet.”
While a preliminary agreement is progress, the proposal would need to pass the Legislature, possibly the Minneapolis City Council, as well as the NFL. Put differently: it's a start but there's still a long way to go.
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