Report: Vikings could pay 40 percent of cost for new stadium
As time counts down on the Vikings and the legislative session in Minnesota, sides are scrambling to put together a plan that will put into motion an initiative to construct a new stadium.
The project calls for contributions from the state, local government and the franchise owned by Zygi Wilf. It’s been widely speculated that the expenses for a new stadium would be divided evenly three ways.
Now, word is that the Vikings realize they need to buck up a little more. According to a report in the Minneapolis Star Tribune, the Vikings are going forward “knowing they will have to pay roughly 40 percent” to complete the deal.
Ted Mondale, the chief negotiator for Gov. Mark Dayton, said a plan by a local government to build a stadium will be unveiled next week. Officials met with representatives from Ramsey County and Minneapolis. Mondale stressed the bigger contribution from the team is a must to get the deal pushed through the Capitol, which will adjourn on May 23.
“The number's going to be a lot higher than people have thought," Mondale said of the Vikings' contribution. "It's somewhere in the 40s -- 40 percent.
“They know that's where they need to be to make it work," he added. "So, they've been running around town for the last three days “and] they appear to be” (accepting that).”
We’ll see if a deal can get done in time. The Vikings are close to the 11th hour in Minneapolis. Their lease at the Metrodome expires after this season.
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Brad Biggs covers the Bears for the Chicago Tribune