Report: Vikings and State Finally Reach Deal on a New Stadium

Pro Football Weekly reports that a deal between the Vikings and the state in terms of getting a new stadium done has been reached.

A story posted late Wednesday evening by Tim Nelson of Minnesota Public Radio said that state officials appear to have finally agreed on a deal that would build a new Vikings stadium in downtown Minneapolis.

The officials met behind closed doors in the governor’s office. Minneapolis mayor R.T. Rybak confirmed that there is a 9 a.m. CT press conference scheduled to make an announcement regarding the proposed stadium.

The meeting included officials from the Vikings along with Rybak and other city officials plus state legislators, lobbyists and Metropolitan Sports Facilities Commission Chairman Ted Mondale. The group reportedly discussed the framework of a deal between the Dayton administration, the Vikings and Minneapolis.

The most recent reports regarding the stadium deal indicate it will be a $970 million project. The Vikings previously have offered to fund as much as $425 million toward the cost. The state reportedly was contemplating a share of nearly $400 million.

Minneapolis has pledged about $150 million up front, plus operating revenues after the stadium is built.

The new stadium reportedly will be erected where the Metrodome stands. If true, that would mean that the Vikings would not be able to keep playing in the Metrodome for at least part of the construction period.

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4 Responses to “Report: Vikings and State Finally Reach Deal on a New Stadium”

  1. FIsher says:

    THE FANS WANT A PICTURESQUE DOWNTOWN STADIUM WITH A MASSIVE JUMBOTRON AND A VIEW OF THE SKYLINE

    We don’t want anything else.

  2. Skol12 says:

    On a side note, I found somebody who made a mock draft I love, this is probably the best mock I’ve seen http://www.mockdrafthq.com/draft/view/emperortyphon/ALL_VIKINGS_7_ROUND

  3. Dynalee10 says:

    This fan wanted an outdoor stadium away from downtown minneapolis !

  4. Van Brocklin says:

    Downtown stadiums are really cool. I hope it goes through. I think the Vikings hope Webb is quarterback of future.

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