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Vikings, Minneapolis and state leaders push new $975 million stadium plan

The newest plan to build a home for the Minnesota Vikings comes in just under $1 billion. The Vikings will pay about half of that amount. The rest will come from Minneapolis and the state. Governor Mark Dayton says 'not a single tax dollar from the state's general fund' will go for the project. (Rendering from the Metropolitan Sports Facilities Commission.)
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The newest plan to build a home for the Minnesota Vikings comes in just under $1 billion. The Vikings will pay about half of that amount. The rest will come from Minneapolis and the state. Governor Mark Dayton says 'not a single tax dollar from the state's general fund' will go for the project. (Rendering from the Metropolitan Sports Facilities Commission.)

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Governor Mark Dayton and legislative leaders are up for a final push to see if they can piece together an acceptable stadium deal before the current legislative session ends. The effort comes after a meeting with NFL Commissioner Roger Goodell and Art Rooney, chief of the league's stadium commission.

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GOP leaders decided the stadium plan would not come up for a vote Saturday night. The announcement came shortly after Gov. Mark Dayton and Democratic leadership held a news conference to push the House to hold a vote on the Vikings stadium proposal. Vikings fans, sporting purple and gold, also rallied at the State Capitol Saturday.

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The stadium legislation was released Friday afternoon following the agreement Gov. Mark Dayton, Minneapolis leaders and Vikings owners announced March 1. It proposes constructing a 65,000 seat roofed-stadium near the current Metrodome site for $975 million. $398 million would come from the state, funded by electronic pulltabs. Minneapolis would cover $150 million of the cost and the Vikings would pay the remaining $427 million.

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Minneapolis leaders say they have city council votes to approve stadium

Officials say they have support from a majority of the City Council, but lingering questions about financing and other issues mean the plan is still in question, Forum Communications reports. One key issue is how the state would pay its share of the cost. The current proposal would tap revenue from electronic pull-tabs and bingo, but some critics question whether that will cover the tab.

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The Star Tribune reports Vikings vice president Lester Bagley and Metropolitan Sports Facilities Commission chairman Ted Mondale are looking at a site southeast of the Metrodome. Bagley told the newspaper "it would be ideal to build a stadium next door and play in the Dome." If the team plays at the University of Minnesota's TCF Bank stadium, it could cost an estimated $48 million for up to three seasons.