The Vikings finally seem to be closing in on their long-awaited new stadium. And it won’t be built in Southern California.
A.J. Monsour of KFAN reports that the Minnesota Legislature could pass a stadium bill as soon as Thursday. A press conference has been scheduled for 9:00 a.m. CT.
If the deal is finalized, a new stadium will be built close to the site of the Metrodome, with the Vikings playing in the existing structure for two or three years while construction proceeds. Then, the Vikings will spend one full season at the University of Minnesota’s TCF Bank Stadium before moving into the new venue, which would open in 2016.
Under the deal, Vikings will pay half of all construction and operating expenses. It’s expected that the stadium will cost $975 million.