Gov. Mark Dayton along with Vikings owners Zygi and Mark Wilf are at the Capitol to announce an agreement to construct a new stadium.
Watch the news conference live below:
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The Star Tribune is citing multiple sources who say the Vikings, Gov. Mark Dayton and Minneapolis Mayor R.T. Rybak have reached an agreement to construct a $975 million stadium at the current Metrodome site. The newspaper reports the Vikings would pay $427 million, the state would contribute $398 million and Minneapolis would pay $150 million. An official announcement is expected sometime next week. The Legislature, Minneapolis City Council and the NFL would also need to approve the stadium agreement.
Governor Mark Dayton won't use the word "optimistic," but he says he's "hopeful" that a Vikings stadium deal gets done soon. But an hour long meeting on Tuesday ended with Dayton saying a deal may not be finalized until next week, if at all. However, Dayton and Vikings' owner Zygi Wilf agree that the "number of issues that remain are limited, and can be overcome if all the parties are willing.”
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.
Governor Mark Dayton informed the Minnesota Vikings on Monday that if they want a stadium plan approved this year, it will have to be built on the current Metrodome site. Vikings owners Zygi and Mark Wilf are scheduled to meet with Dayton on Wednesday. Lester Bagley, Vice President of Public Affairs and Stadium Development, says the Wilfs are "extremely frustrated with the situation."
Gov. Mark Dayton says he'll fight any effort by the Vikings to charge fans extra fees and threatens to undo the stadium deal. In a letter to Vikings' owners Zygi and Mark Wilf, Dayton says he strongly opposes asking season ticket holders to pay the "NFL Team/Private Contribution" for construction costs.
Governor Mark Dayton met with GOP lawmakers Friday trying to finalize a Vikings' stadium plan. They couldn't agree on one of the three Minneapolis sites or the site in Arden Hills. Dayton plans on scheduling more talks next week in hopes of wrapping up a deal by Thanksgiving.
Hearing both cheers and jeers, Gov. Mark Dayton signs into law the $975 Vikings stadium bill at the state Capitol.
Vikings owner Zygi Wilf says he won't pay as much money for a stadium built in Minneapolis. He has his eyes set on a stadium in Arden Hills. Wilf will contribute more than $400 million to a stadium in Arden Hills, but says a stadium at any other site won't warrant 'that level of commitment.'
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