The Vikings, city of Minneapolis and state of Minnesota have reached a tentative agreement on a $975 million stadium at a site near, or possibly at, the current Metrodome, the Minneapolis Star Tribune reports.
In the preliminary agreement, the private-public financial breakdown would be $150 million from the city, $398 million from the state and $427 million from the Vikings. The city would pay an additional $180 million in operating costs over a 30-year period.
An agreement would need approval from the Minneapolis City Council and the Legislature, who could vote on the measure before it adjourns in April.
“I think that we could certainly arrive at a decision on the bill — up or down — within the two-month framework,” Senate Majority Leader David Senjem said on Friday.


February 18th, 2012
Matt Loede
Posted in
“Tenative Deal Reached Between Vikings and State on New Stadium”
Since the “State” consists of the legislature, and the legislature as a whole has not reviewed nor approved the deal (much less the Minneapolis city council), a more appropriate headline would be “Possible Deal Reached Between Vikings and State on New Stadium.” The only entity that has “reached a deal” is the Vikings.
I noticed how the NFL is keeping a low profile on the Vikings stadium issue, even after Goodell said that the NFL would pony up money toward a new stadium to keep the Vikings in Minnesota. They seem to be backing off that statement, no wonder the players don’t trust the commissioner.