Skip to main content

Vikings stadium deal: What if the Wilfs sell?

  • Author:
  • Updated:

Parsing the Vikings stadium deal continues now that the agreement has been approved by the Minnesota Sports Facilities Authority and the 222-page document is being scrutinized.

On Tuesday, many details emerged in the form of an Associated Press report that highlighted - among other things - issues like naming rights, seat licenses and the so-called affordable seating.

Now ESPN is reporting on the "windfall clause" in the agreement, which addresses what happens should Mark and Zygi Wilf decide to sell the team at some point.

The good news is that there's money in it for the public if that were to happen. The agreement calls for the city of Minneapolis and the state of Minnesota to get a quarter of the profits for any sale before 2022.

So, what would that be worth?

The Wilfs paid $600 million to buy the Vikings from Red McCombs in 2005, and Forbes estimated the team's value at $1.007 billion in August, ESPN's Ben Goessling notes. That means, if the team were sold today, the state would get about $100 million of the $400 million in Wilf profits.

And, of course, the team will certainly be worth more once it has a new venue to call home.

But breathe easy, Vikings fans - this doesn't mean the team has to leave for the state to get some cash out of the deal, it just has to change hands. At the very least, it looks like the windfall clause will tie the team to that new stadium for quite some time.

And, don't forget, as CBS reports, there is a 30-year lease agreement. So the team would likely stick around that long no matter who owns it.

Next Up

minneapolis police

Man fatally shot overnight in north Minneapolis

The shooting was reported around 2:20 a.m.

Screen Shot 2022-05-22 at 8.30.08 AM

Campsites closed at Voyageurs National Park due to 'historic' water levels

All backcountry trails and campsites are closed, as well as many frontcountry sites.

state capitol Minnesota

Lawmakers reach agreement on tax cuts ahead of session's end

Lawmakers announced they had reached a deal on a tax bill Saturday ahead of the looming session deadline.


Victims of daytime drive-by shooting in Robbinsdale identified

The two men died after a hail of bullets struck a vehicle.

Screen Shot 2022-05-22 at 8.14.37 AM

Source of 'loud explosion' in Brooklyn Park a mystery

The noise was investigated by police, but no source could be determined.

covid, vaccine, booster shots

COVID: All Americans over 50 advised to get a second booster

Cases, hospitalizations and deaths are on the rise again as new COVID variants emerge.

J.W. Peck (left) and Eric Galler.

2 Minnesotans inducted into White Castle's Hall of Fame

White Castle — it's what a man in Minneapolis and another in Woodbury, crave.

Screen Shot 2022-05-21 at 5.46.37 PM

Video shows officers ended pursuit before fatal crash in Anoka

The crash occurred when the driver fled police during an attempted traffic stop in Coon Rapids.

Eli Hart

6-year-old Eli Hart identified as boy found dead in car trunk

The kindergartner's father was trying to get full custody of his son.


Boy found dead in trunk of car in Mound was kindergartner

"It is horrifying and difficult to process a tragedy of this magnitude, especially in our close-knit community," the superintendent wrote.

Minneapolis police

Man found yelling for help after being shot in Minneapolis

The shooting occurred on the 800 block of Elwood Avenue North at around 9:15 p.m.

Screen Shot 2022-05-21 at 9.56.21 AM

Minneapolis North principal says she was fired, district says otherwise

“MPS requires schools to follow protocols in times like that and I did not,” Friestleben said.