Dayton: Wilfs should use their own money to pay for stadium

Author:
Updated:
Original:

As contract negotiations for the nearly $1 billion Vikings stadium near their final stages, Gov. Mark Dayton raised concerns Monday over the team's share of the construction costs.

In a letter to the chairwoman of Minnesota Sports Facilities Authority, Dayton says Vikings owners Zygi and Mark Wilf should use money from their own pockets to pay for the team's share of the stadium versus money from fans through personal seat licenses--also called stadium builder's licenses.

Dayton cites a Minnesota Public Radio report from earlier this month that broke down the numbers. After league, fan and corporate dollars, the Wilfs may only be on the hook for less than 1 percent of the project costs, MPR said.

"I strongly urge you to negotiate a final financial agreement, which requires the Vikings' owners to provide a significant share of their financial contribution from their own resources, and not from Vikings' fans through the sale of expensive personal seat licenses," Dayton wrote.

The Star Tribune reports the letter stems from a recently completed "due-diligence" audit of the Wilfs that determined they have more than enough money to pay for their share of the stadium without revenue from the licenses, which could easily reach tens of millions of dollars or more.

"I have always said that this building should be a 'People's Stadium,'" Dayton said. "Excessive personal seat license fees conflict with that goal."

Next Up

Flickr -  Bank Plaze Nov 2020 - Chad Davis

US Bank employees won't return to downtown Minneapolis office next month

The company, citing COVID's resurgence, has pushed back its office return plans.

Katie Storm Twitter Bally Sports North - Aug 4 2021

MN native Katie Storm returning home for role with Bally Sports North

The St. Cloud State grad had worked for Fox Sports North before leaving for Philadelphia.

Flickr - Wisconsin State Fair cream puff - USDA

Free cream puff for people who get vaccinated at the Wisconsin State Fair

Get a shot, then head over to Cream Puff Pavilion for a free treat.

theodore wirth trailhead

Minneapolis parks now requiring masks in all indoor spaces

Anyone going inside recreation centers, ice arenas, and indoor spaces at pools must put on a mask.

Eric Reinbold - Pennington County Sheriff Aug 4 2021

At-large murder suspect was caught after triggering trail camera

Authorities had been searching for Eric Reinbold for nearly a month.

Flickr - toxic algae bloom - MPCA Photos

Climate change is warming lakes, leading to more toxic algae blooms

The MPCA says blue-green algae blooms are occurring all across the state.

vaccine, covid

Minnesotans can now register to get $100 for getting the COVID-19 vaccine

It's available for those who get their first jab between July 30 and Aug. 15.

Phillip Miller

Benton County prosecutor charged with sexual assault of teenager

Phillip Miller has been charged with varying levels of sexual assault charges.

Pixabay - pistol holster handgun

Permit-to-carry law doesn't violate 2nd amendment, MN Supreme Court says

A man charged with carrying a pistol without a permit argued it was unconstitutional.

covid

Here is Minnesota's COVID-19 update for Wednesday, August 4

The delta variant has been leading to higher case counts and hospitalizations in Minnesota.

Related