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Minnesota Senate increases Vikings’ stadium share by only $25 million

Vikings Stadium AP

On Monday, the Minnesota House of Representatives increased the Vikings’ contribution for a new stadium from $427 million to $532 million, a jump of $105 million.

On Tuesday, the Senate applied a much more modest increase.

According to Tom Hauser of KTSP-TV, the Senate has increased the team’s share by only $25 million.  In turn, that would reduce the state’s burden from $398 million to $373 million.

If the revised bill passes, a Conference Committee would have to resolve the differences between the House and Senate versions, including most notably the $75 million difference for the private contribution.  Then, the compromised bill would return to both chambers for a final vote.

The Vikings have called the $105 million increase “not workable,” but the team is optimistic a more practical solution will be reached via the Conference Committee process.

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51 Responses to “Minnesota Senate increases Vikings’ stadium share by only $25 million”
  1. ghostofgilchrist says: May 8, 2012 3:30 PM

    Did they also check under the sofa cushions for quarters?

  2. bjamesa says: May 8, 2012 3:34 PM

    Finally some good news. Keep the Vikes in Minnesota!

    Sincerely, Packers Fans who love the rivalry!

  3. patsaintsbroncoscheat says: May 8, 2012 3:35 PM

    I wish they would stay but probably not going to happen.

  4. sevensixtwonato says: May 8, 2012 3:38 PM

    Oh my damn

  5. daaabears says: May 8, 2012 3:39 PM

    OK, I know I’m your ignorant average Joe, but…how ’bout what ever percent you put in to building the stadium, you get that much back?
    At the very least until it’s paid off.

  6. Stiller43 says: May 8, 2012 3:39 PM

    Am i missing something?

    The house wanted it 105mil higher than the original.

    The senate wanted it 25 higher than the original.

    Althought the numbers are quite large, i dont think that equals a different of 75 million between the two…

  7. thankheavenfornumberseven says: May 8, 2012 3:40 PM

    Carl Gerbschmidt has been attacking my math skills, but I’m going to give it one more try. If the House bill increases the team’s contribution by $105 million and the Senate bill increases the team’s contribution by $25 million, wouldn’t that be an $80 million difference?

  8. mark921129 says: May 8, 2012 3:41 PM

    While I am happy for the fans of the Vikings they will apparently stay, I still feel this equates to welfare for a billionaire. My question is, how much of the revenue for ancillary sales goes to the State, and how much do the Vikings collect?

  9. TSizzleBallSoHard says: May 8, 2012 3:41 PM

    still quite a few hurdles but it’s starting to look good for Vikings fans.

  10. gdive says: May 8, 2012 3:48 PM

    Vikings share went up by $25MM?….not really. They’re already repainting the signs for the higher priced food, beverages and jerseys.

  11. stavreafavre says: May 8, 2012 3:49 PM

    Most of those who have time to dress funny and put on lots of makeup don’t have jobs and thus don’t pay taxes. So the cost of the stadium is meaningless to them.

  12. gbgirl12 says: May 8, 2012 3:50 PM

    Pass the bill already! I’m a Packer marrying a Viking this year and I want that longtime rivalry!

  13. agentpyro says: May 8, 2012 3:51 PM

    The Senate has always been my favorite house of the bicameral legislature.

  14. wtfru2 says: May 8, 2012 3:52 PM

    I’ll be happy when this is finally done, I hate riding this roller coaster!

    It will sure be good to get back to football and out of the political side of it. I really dislike the crooked buggers.

    Anyone who agrees with that give a thumbs up and break the record for agreeing on this site!

  15. tombradysponytail says: May 8, 2012 3:54 PM

    But, what about the amendment stating that the games must be broadcast across the airwaves for free? Did that pass?

  16. trollhammer20 says: May 8, 2012 3:58 PM

    A million here, a million there….pretty soon it adds up to some real money.

  17. whatnojets says: May 8, 2012 3:58 PM

    gbgirl12 says:
    May 8, 2012 3:50 PM
    Pass the bill already! I’m a Packer marrying a Viking this year and I want that longtime rivalry!

    —————————–

    Congratulations on your pending marriage. May i suggest that you try and concieve during the “off season”? LOL!!

  18. ecarlso8 says: May 8, 2012 4:00 PM

    i am so tired of hearing/reading about the Vikings stadium situation, figure it out already or get the hell outta Dodge.

  19. ohiodarin says: May 8, 2012 4:02 PM

    Just more government subsidy… steal from the many and give to the few. With the average life span of NFL stadiums in the 30 yr range – ticket prices would have to be $150 each just to cover the construction cost plus a 5% ROI and this is assuming no financing is involved. No utilities, no salaries, nothing but construction cost.

    Funny how many on here clamored against the billionaire owners during the lock-out and then run to their rescue with a government hand-out.

    So charge every man, woman and child of Minnesota approximately $75 in order to keep the NFL ticket prices down and the profit margins up….. yeah let’s share that wealth.

  20. dublindemonszfl says: May 8, 2012 4:04 PM

    You need money, I go on the street for you. A mil here a mil there. I Tony Montana, no problem.

  21. dscol715 says: May 8, 2012 4:07 PM

    I guess it is only socialism when poor people get the handout.

  22. daaabears says: May 8, 2012 4:15 PM

    gbgirl12,

    Congrats on the upcoming nuptials.

    Please keep the Vikes in the Black ‘n Blue division.

    Vikes, Pack, Lions and Bears. Age old rivalries.

    Get it done, Minny!

    PS. May your child grow up to be a Bears fan

  23. vikingamericann says: May 8, 2012 4:16 PM

    gbgirl12 says:
    May 8, 2012 3:50 PM
    Pass the bill already! I’m a Packer marrying a Viking this year and I want that longtime rivalry!

    —————————–

    Congratulations on your pending marriage. May i suggest that you try and concieve during the “off season”? LOL!!

    Don’t listen to jets fans you conceive during the season halftime or the two minute warning should be enough time. Then give birth during the offseason. This part takes a little longer.

  24. conormacleod says: May 8, 2012 4:20 PM

    If it is good for the state, then it does not matter how much richer Zygi Wilf will get. If the stadium is not built, it is the state of Minnesota that will suffer. Wilf is already rich, he will always be rich, and he will get his. It’s just a matter of where he will be getting it. In Minnesota or somewhere else if he moves the team.

  25. mybrunoblog says: May 8, 2012 4:22 PM

    When do they start selling worthless “stock” ??? Oh wait, that’s already been done.

  26. asw1028 says: May 8, 2012 4:24 PM

    This entire ordeal is not about the stadium, it’s about the land that surrounds a potential stadium.

    The Vikings are owned by the Wilf family, one of the largest real estate developers in this country. If the stadium deal is passed they will build the stadium but, more importantly, a huge shopping and entertainment district around the stadium. (Robert Kraft did this with Gillette Stadium BUT he didn’t use tax payer money and I respect him for that).

    This shopping/entertainment area is where the Wilf’s will make the real money because unlike the Vikings stadium, which only generates revenue eight times a year, the shopping/entertainment district will be open for business all year round.

    That’s the sad part of all this–yeah, the Vikings should stay in Minnesota but do you tax-paying citizens really want to subsidize a billionaires real estate ventures?

  27. 86chawk says: May 8, 2012 4:30 PM

    Some people just don’t get it……the city/state will own the stadium every single day that the Vikings DO NOT play there and collect all revenue from those days. I am not a Vikings fan but think the owner is being very fair with his portion going towards the building of a new stadium. Also a study done by the players association stated that if a NFL season would not take place those cities would lose $160 million plus in revenues. I think that it is smart that both sides are working together to get this done….both sides are winners! I also would like to add that any NFL fan that wishes a city/state to lose their team…..well you are flucking idiots!!!

  28. tombradysponytail says: May 8, 2012 4:31 PM

    agentpyro says:May 8, 2012 3:51 PM

    The Senate has always been my favorite house of the bicameral legislature.
    ———–

    If they had just switched to the unicameral legislature like Jesse Ventura wanted, they’d be done by now.

  29. sevensixtwonato says: May 8, 2012 4:34 PM

    ohiodarin says:
    May 8, 2012 4:02 PM
    Just more government subsidy… steal from the many and give to the few. With the average life span of NFL stadiums in the 30 yr range – ticket prices would have to be $150 each just to cover the construction cost plus a 5% ROI and this is assuming no financing is involved. No utilities, no salaries, nothing but construction cost.

    Funny how many on here clamored against the billionaire owners during the lock-out and then run to their rescue with a government hand-out.

    So charge every man, woman and child of Minnesota approximately $75 in order to keep the NFL ticket prices down and the profit margins up….. yeah let’s share that wealth.

    ————————————————-

    Umm your math’s off….the Stadium will be used more than those 10-12 days a year.

  30. flaccotoboldin says: May 8, 2012 4:37 PM

    It would help if ALL NFL stadiums / cities were eligible to host the Superbowl.

    You build a football stadium, but you’re not even guaranteed a fair shot at hosting the sports premier event? BS.

  31. 1phd says: May 8, 2012 4:38 PM

    ghostofgilchrist says: May 8, 2012 3:30 PM

    Did they also check under the sofa cushions for quarters?
    ————————————————

    I believe it was more a case of taking bottles back for their deposits.

  32. kane337 says: May 8, 2012 4:39 PM

    “I guess it is only socialism when poor people get the handout.”

    Handouts to the poor – Socialism.
    Handouts to the rich – Leverage over the people.

  33. purplehayseuss says: May 8, 2012 4:46 PM

    mybrunoblog says: May 8, 2012 4:22 PM

    When do they start selling worthless “stock” ??? Oh wait, that’s already been done

    ***
    Yes, the Packer “stock” is indeed worthless to everyone except those that buy it and frame it and hang it in the bowling alley bar …..BUT

    Those fans actually participate in the success of their team….and as odd as it is, it is THEIR team. And they MAKE money. They come off snotty and superior, but they don’t have many of the usual problems that most teams have.

    They are Special. And that makes them particularly fun to beat. Whenever it happens.

  34. lanflfan says: May 8, 2012 4:52 PM

    Pony up Vikings, it’s what your fans (the ones who PAY YOU) want.

  35. lucimorland says: May 8, 2012 4:56 PM

    They keep screwing around in the legislature and this team will end up in LA.

    All this posturing, with the House raising it this much, and the Senate some other amount, with the hopes they’ll meet in the middle…it’s tiresome.

    Make an offer or watch the Vikings GTFO of the NFC North.

  36. vikingamericann says: May 8, 2012 4:56 PM

    States have learned there lesson the deal will be done. They just need to press the NFL as hard as they can, for the best deal they can get. In the end The NFL brings in more money than it costs the state.

  37. hagigun says: May 8, 2012 4:58 PM

    Again, Vikings are paying roughly 50% of the bill.

    The Vikings are using that facility roughly 2.7% of the time.

    Wouldn’t you agree they are paying MORE than their fare share?!?

    If we want to keep all profits of the stadium ourselves, take the lead from Zygi…The state should buy it themselves and rent it back. It’s an option so our gov’t needs to put up or shut up.

    Use my tax dollars…PLEASE!! I want my taxes raised if it means we get a sweet stadium…and I rarely if ever go to games. I just know what huge impact the team has on our state economy especially bars, restaurants, etc.

    Quit messing around and build it already! Best use my tax dollars will have ever seen when it comes to impacting my life/lifestyle.

  38. claymath52 says: May 8, 2012 5:00 PM

    gbgirl12 says:
    May 8, 2012 3:50 PM
    Pass the bill already! I’m a Packer marrying a Viking this year and I want that longtime rivalry!

    ___________________________________

    You could do better…..

  39. scytherius says: May 8, 2012 5:10 PM

    Well that’s good news for Vike fans. I’ve been a Packer fan since before the Vikings existed and have loved this rivalry every since the Vikes entered the League. I sure hope they get to stay in MN.

  40. bunjy96 says: May 8, 2012 5:10 PM

    I keep asking and Florio doesn’t answer.

    What about the law that prevents more than 10M being spent without a referendum?

    No one seems to want to answer this.

  41. thankheavenfornumberseven says: May 8, 2012 5:12 PM

    We’re doomed. The Senate just added an amendment to require a referendum in Minneapolis.

  42. mike83ri says: May 8, 2012 5:14 PM

    Amazing that being off by $5,000,000.00 goes unnoticed.

  43. vikingsfanintexas says: May 8, 2012 6:02 PM

    Everyone take a deep breath… the message delivered during the visit by the commish was clear… no expansion team… so economically speaking the legislature will do the smart thing.

    What I don’t understand, because I’ve not seen the numbers that prove the investment works for the Vikings, is why they are willing to pay $400 to $500 million plus yearly rent on a stadium they won’t own that will be rented by others.

    That’s the math the Vikings are doing right now with the demand for the additional $105 million or $25 million or whatever the compromise number becomes. If the math still works they’ll say yes and kick in the extra money. If not… they’ll pack.

    But for now, take that deep breath… the bill will pass. Then a week or two down the road the Vikings will announce their intentions to continue or to move. So it’s far from over…

  44. taintedsaints2009 says: May 8, 2012 6:04 PM

    this would have been so much more fun if it failed. pure panic and chaos.

  45. silvergt99 says: May 8, 2012 6:11 PM

    If they don’t want to pay. Just bring the team to Los Angeles. The LA Viking’s sound pretty good!!!!! The staduim looks awesome.

  46. vikingsfanintexas says: May 8, 2012 6:12 PM

    tombradysponytail says:May 8, 2012 3:54 PM

    But, what about the amendment stating that the games must be broadcast across the airwaves for free? Did that pass?

    ****************************************

    Don’t forget the reason the Vikings are willing to pay big bucks to help fund a stadium they won’t own is they make money from the folks who attend the games. Tickets, parking, concessions, mechandise, etc. If the stadium isn’t sold out they don’t make money and their return on investment doesn’t work.

    So if you want the stadium, and want the Vikings to stay in Minnesota, keep the blackouts in place to ensure they make their money. In other words they’ve got smart people crunching the numbers and if the numbers don’t work they won’t kick in their money… they’ll just move.

  47. thankheavenfornumberseven says: May 8, 2012 6:34 PM

    @vikingsfanintexas –

    Pony was kidding. There was an amendment proposed by a state rep that games would be broadcast on free TV because she heard that the NFL was thinking about starting their own cable network. You can’t make it up.

  48. tweeter75 says: May 8, 2012 6:40 PM

    I’m a Minnesotan and a Vikings fan. I have commented on almost every article here, and try to read every article I can about the stadium issue. I have even spoken to my rep on the phone. With every twist and turn this is getting to be almost too much!!

  49. btownsf says: May 8, 2012 6:48 PM

    The State portion of this funding isn’t anywhere close to being “billionaire welfare”, its more of an investment to ensure that they will get much more money back in the form of taxes that are generated by having an NFL team in your city/state. If the state refuses to “pitch in” and keep the Vikings in Minnesota… the state will be in much more financial trouble than they already are.

  50. sportsreporterusa says: May 8, 2012 10:31 PM

    The Senate just passed user fees and the user fees alone are going to contribute well over $300 million toward the cost of the project from the state of Minnesota.

    The Vikings are getting their stadium.

  51. sportsreporterusa says: May 8, 2012 11:16 PM

    Well so much for that. After the user fee amendment passed by one vote, they re-voted on the user fee amendment and it was defeated.

    This is not going to end well.

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