Minnesota Vikings Stadium Deal
Posted by LOTGK on July 22, 2008
The Minnesota legislature has put off a new Viking stadium once again by spending two million dollars on yet another study on where to build the stadium. The proposal will be discussed in January of 2009. That sound you hear are the last of the nails being hammered in the franchise formerly known as the Minnesota Vikings.
The Vikings lease on the Metrodome expires in 2011. That’s three years from now. It takes a minimum of two years to build a new stadium. That is, if construction and land contracts and agreements are already in place.
Here’s Viking Thunder’s Time Line Scenario:
January 2009:
Minnesota legislature discusses the proposal of a new stadium for the Vikings. An agreement cannot be reached because of snags on parking, location, and the funding of the stadium. The discussion is pushed back another three months.
April 2009:
After intense negotiations, an agreement to build a new stadium on the site of th metrodome is reached. Construction will begin after the 2009 NFL season concludes.
January 2010:
Vikings make playoffs delaying the stadium construction another month.
February 2010:
Stadium construction begins. With the harsh winters, expected completion date is November 2012 or nearly two and a half years.
But none of that is going to happen Viking fans. Current Viking owner Zygi Wilf stands to make millions selling the team or more millions by simply walking away from Minnesota and moving the team to a new state, say, California, to the city of Los Angeles, (The largest television market) and have the city build them a new stadium. In fact, Los Angeles is already advertising just that. We will build the stadium if you come and play there.
Wilf paid approximately $600 million for the Vikings. he understands if he sold the team with a new stadium, the selling price would be $1 billion. That’s $400 million for those not doing the math. That is a hell of a profit margin.
The Minnesota legislature had their chances to keep the Vikings in state. Plenty of chances. Over ten years of chances. Viking fans need to get accustomed to cheering for their new team, the L.A Vikings!
Catchy isn’t it.
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Viking Hater said
Vikings suck. And so do you.
Gumby said
LMAO. Viking Hater, you have made me laugh today. Or should I say The Truth.
I guess my only response could be, I know you are but what am I.
LOTGK said
For a minute there, I thought he could be a Slacker fan. But I know it isn’t, there aren’t any misspelled words.
Paul said
If they move here to LA…I hope they have success like the last franchise to come from Minnesota, the Lakers..hahaha
Jeff knows said
The Vikings are like the chargers, we like losing money.
Viking Godz said
Training camp opens today. All the rookies are signed. All the vets are in camp. Brett favre, do the Vikings go after him, or go with what they got.
LOTGK said
Thanks Paul. Your words elicit a smile.
Jeff, to me, the book is still out on Zygi Wilf, Vikings owner.
Viking Godz, yes, camp open this morning. Everyone is signed. It’s a good day.
Katina Lee said
I am in favor of a new stadium only if it is open air. Football should be played in the elements. I miss the days of the Black n Blue Division. It needs to be open air with a capacity around 72,000 or so.