Blog Entry

Report: Vikings reach preliminary stadium deal

Posted on: February 17, 2012 6:37 pm
 
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 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.
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.

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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Comments

Since: Feb 28, 2009
Posted on: February 17, 2012 8:18 pm
 

Report: Vikings reach preliminary stadium deal

Im a NYer and i second that motion-football was meant to be played in all types of elements.i remember watching the bud grant days and no one wanted to play in that weather-home teams deserve the right to have advantage.remember that saying from field of dreams'build it and they will come'.and yes just like NY in 2014 also give them that right to host a super bowl in that weather




Since: Oct 2, 2006
Posted on: February 17, 2012 7:47 pm
 

Report: Vikings reach preliminary stadium deal

There is always LA. 



Since: Jul 2, 2011
Posted on: February 17, 2012 7:47 pm
 

Report: Vikings reach preliminary stadium deal

If they're going to do this, hopefully they're do it right-- an open air stadium!  Just like the old days in Bloomington.  The Twins can handle it, why not the Vikes?  They had their greatest success back then.



Since: Feb 7, 2012
Posted on: February 17, 2012 6:58 pm
 

Report: Vikings reach preliminary stadium deal

good for the home town / state fans of the vikings ! its always cool when a team & city / state govt  can find a way to work things out ..



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