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And The Games Begin… To Prevent The Games From Ending

Today the Minnesota Legislature has convened to address a $1.2 billion shortfall in the State’s budget.

This means that stadium updates are about to come rapidly.

Governor Tim Pawlenty recently talked on the radio and provided his most optimistic statements about the Vikings stadium issues to date.  In particular, Pawlenty finally acknowledged the possibility of using lottery money to help subsidize a new stadium.

Also, it is expected that big name players that are supporting a new stadium are gearing up to make a united push towards getting a deal done.  Hospitality industry tycoons, corporate partners, and business groups based in the Metro area all have a stake in seeing this get done.  They’ll make their voices heard.

So, what I am saying is that the stadium debate will be one of the top offseason stories and it is about to go into full force.

Brace yourselves, as I’ll endeavour to cover every aspect of the ongoing saga.  In fact, I even added a category just for stadium talk.


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4 Responses to “And The Games Begin… To Prevent The Games From Ending”

  1. […] if, like me you are sick of hearing about McKinnie, Vikings Gab reckons that the new stadium story is going to take off in the coming days/weeks/months. This should prove a lot more interesting than anything BigMac can […]

  2. jeege says:

    I just hope WHEN the new stadium gets done that they don’t design a giant, soulless, sound sapping monstrosity like so many other new stadiums in today’s NFL.

    Would be a terrible loss.

  3. […] talk is just a cock tease: Governor T-Paw broke open talks about trying to find reasonable and realistic funding options for the Vikings stadium again. In […]

  4. Randall G says:

    Hey Folks,

    I work with the Stadium drive personnel, bith on behalf of the fans and the Vikes.. Please get involved and tell your reps you are in favor of resolution..

    Here’s the most recent MM update, which is a good step in the right direction.
    ___________________________________

    In his most supportive comments yet for a new Minnesota Vikings stadium, Governor Tim Pawlenty suggested two potential financing options for the facility during his appearance on Minnesota Public Radio (MPR) Wednesday.
    Pawlenty said the state could create a new lottery and direct a portion of the proceeds toward the stadium project, estimated by the MSFC to cost $870 million.

    People will say it should go into schools or roads or whatever, but if you want to link gaming with the Vikings stadium, thats another way to do it, said Pawlenty. Theres ideas that we can cobble together a package without affecting taxes. It would be voluntary contributions if people want to play the lottery.

    Pawlenty also said some of the taxes generated by a new facility could be used to pay down the debt, a revenue stream the Vikings have pursued in the past. While the team currently pays $18 million annually in taxes, according to an independent study by Convention, Sports & Leisure (CSL), a new facility and the retention of the team would generate $26 million a year in tax revenue.

    You know theres an increment of economic activity that comes with a new Vikings stadium compared with what they generate currently, said Pawlenty. So one way to do it would be to say, you can have access to some or all of the additional revenues that you generate beyond what you?re generating now. Thats not a huge number but it might be one piece of the puzzle.

    The Vikings are important, said Pawlenty. Weve got to solve the problem.
    The Governors positive comments come just one day before the opening of the 2010 Legislative Session. With just 20 games remaining on the Vikings current Metrodome lease, 2010 is a critical year to discuss a solution.

    We appreciate the Governor and the other State leaders who are exploring creative ideas to resolve this issue, said Lester Bagley, the Vikings Vice President of Public Affairs and Stadium Development. State lottery proceeds have been used to help construct NFL stadiums in Seattle and Baltimore, so they have proven to be a viable option.

    The Vikings and Minnesota Momentum encourage fans to thank Governor Pawlenty for his creativity and urge state legislators to move the stadium discussion forward respectfully during the 2010 Legislative Session. For the latest information on the Vikings stadium efforts,

    visit http://www.minnesotamomentum.com.

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