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Vikings and State Finally Reach a Deal on a Tentative Stadium

The Vikings, city of Minneapolis and state of Minnesota have reached a tentative deal to build a new stadium near the site of the Metrodome.

The Minneapolis City Council and Minnesota State Legislature still need to approve the deal, who Governer Mark Dayton urged to act quickly on.

“All of this will be accomplished without using a single general-fund tax dollar,” Dayton said on Thursday.

Terms of a recent deal had the city contributing $150 million, the state would pay $400 million and the team paying the remaining $427 million on the $977 million stadium, which would be located to the east of the Metrodome and would open in time for the 2016 season.

The announced breakdown of construction and operating costs in this agreement has the state paying $398 million, city of Minneapolis paying $150 million, and Vikings paying $472 million. Mayor R.T. Rybak says the team’s share of the cost would be paid for by existing convention center taxes through 2045.

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2 Responses to “Vikings and State Finally Reach a Deal on a Tentative Stadium”

  1. 4eversteve says:

    What ever happen to the NFL and Rodger Goodell saying that there is money available to help build a new stadium to keep the Vikings in Minnesota.He sure has back off that statement faster than a politician breaks a campaign promise once they are elected.

  2. Dynalee10 says:

    Yes I agree Goodell was all for that a few years ago now he hasn’t said jack ! Wtf guess he figures now that people in Minny are touting the stadium that the NFL can weasel out of the g2 or whatever that program was called or maybe the money is included in the Wilffs contribution I have heard that mentioned before .

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