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Wilfs ordered to pay at least $84 million

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Vikings owners Zygi and Mark Wilf will get their new stadium.  But they’ll also potentially be writing a huge check for something other than concrete or bricks or mortar or FieldTurf.

According to the Minneapolis/St. Paul Business Journal, the Wilfs have been ordered to pay at least $84 million in a fraud case arising from a New Jersey real estate deal that dates back to 1992.

And it could get worse.  Much worse.  The verdict includes an award of punitive damages, which requires the case to be referred to prosecutors for a criminal investigation.

The Wilfs have the right to appeal the ruling.

The initial finding that the Wilfs had committed fraud, breach of contract, breach of fiduciary duty, and civil racketeering triggered a review by authorities in Minnesota regarding the Wilfs ability to pay for their portion of the new stadium.  It was determined that they have the cash to satisfy their obligations.

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32 Responses to “Wilfs ordered to pay at least $84 million”
  1. thegreatgabbert says: Sep 23, 2013 8:48 PM

    Just that one time, Ziggy zagged.

  2. thegreatgabbert says: Sep 23, 2013 8:49 PM

    Wtf, Wilfs?

  3. thegreatgabbert says: Sep 23, 2013 8:55 PM

    Hilarious photograph of how owners end up looking like their pets.

  4. thepftpoet says: Sep 23, 2013 8:58 PM

    In other news, the packers still suck

  5. binkystevens says: Sep 23, 2013 9:01 PM

    No wonder they’re trying to take advantage of te people of Minnesota to pay for their stadium. Simple cash flow issue

  6. papacrick says: Sep 23, 2013 9:06 PM

    These guys sound like the mafia.. Racketeering in New Jersey hmmm

  7. playmaker21 says: Sep 23, 2013 9:08 PM

    In related news, Vikings tickets, parking for Vikings Home games, and concessions at the Metro Dome of just went up in price to cover the $84 million dollar loss. Because that is what rich people do.

  8. theoriginalbvan says: Sep 23, 2013 9:10 PM

    In other news… count our rings!

  9. captaincanoe says: Sep 23, 2013 9:14 PM

    Plus the cost of 20 years of litigation that the good people of NJ paid for in part. Not someone I would want to partner up with on a stadium deal.

  10. jonny42671 says: Sep 23, 2013 9:16 PM

    In other news…. Get a life and move out of your parents basement

  11. johnnytarr says: Sep 23, 2013 9:18 PM

    If they can’t pay up the state should take a portion of the ownership in the team.
    It would be interesting to see how the NFL would try to get out of a action like that.

  12. 6kings says: Sep 23, 2013 9:18 PM

    Where there’s a Wilf, there’s an attorney not far away. Isn’t he Druish?

  13. mikezakmn says: Sep 23, 2013 9:27 PM

    …the name of the future team,..the Los Angeles Stars,..

  14. loyalraven says: Sep 23, 2013 9:29 PM

    Crooks.

  15. 15starr says: Sep 23, 2013 9:40 PM

    Mo money mo problems

  16. quagmate says: Sep 23, 2013 9:53 PM

    Civil cases like this rarely go to criminal court and the appeals process will last well past 2016 and could in fact be overturned… long after the stadium is built.

  17. northstarnic says: Sep 23, 2013 10:13 PM

    Glad we can pony up the $$$ to build business infrastructure for these fine gentlemen.

  18. bigjim50010 says: Sep 23, 2013 10:21 PM

    0-3
    0-84 million
    0-4

  19. abninf says: Sep 23, 2013 10:37 PM

    And yet Jerry Jones is the most hated owner.

  20. noring4youstill says: Sep 23, 2013 11:16 PM

    Couldn’t happen to a finer franchise

  21. thefiesty1 says: Sep 23, 2013 11:27 PM

    At least they can afford it. Must be nice. Just smile all the way to the bank.

  22. ravenmuscle says: Sep 23, 2013 11:46 PM

    Too bad there were no businessmen in Minnesota that had any money to buy the team and had to settle for the Druish Mafia in New JOISEY to buy the team.
    With the Wilf’s as owners the Vikings will never even sniff a Superbowl.

  23. goawayeverybody says: Sep 24, 2013 12:11 AM

    In other news, the Vikings are cursed no matter what happens.

  24. choisbois says: Sep 24, 2013 12:14 AM

    They’ll be fine. They have enough cash to make this all go away. And in time it will.

  25. choisbois says: Sep 24, 2013 12:16 AM

    The lawyers will sort it all out and get their cuts. Everyone will be just fine. The problem with the Vikings is on the field.

  26. choisbois says: Sep 24, 2013 12:19 AM

    At least he’s got a purple tie on, and knows our colors.

  27. grnzngiggles says: Sep 24, 2013 12:20 AM

    Goodell: Hmmm….lets see -fraud, breach of contract, breach of fiduciary duty, and civil racketeering -outstanding! Seems to meet all of our standard ownership equirements!

  28. Rick Spielman is a Magician says: Sep 24, 2013 12:39 AM

    That’s the way business gets done Jersey-style!

  29. jshawaii22 says: Sep 24, 2013 1:11 AM

    interesting… didn’t the NFL, in essense, remove Georgia Frontiere as owner of the Rams for breaking laws?

    Didnt’ the NFL remove the Greatest Owner of all time at SFO, Eddie DeBarlolio, for breaking the law?

    Won’t the NFL do the same thing to Ziggy?
    80+ million + damages + legal fees and he’s a convicted crook, even if it’s civil case….

    You’d think this might affect that stadium deal?

    js

  30. drewsylvania says: Sep 24, 2013 11:37 AM

    LOL. Nothing is going right for Minny now. Those of you who told me I was full of it, for picking the Vikings to regress, there are a few crates of crow on your back porch.

  31. thegreatgabbert says: Sep 24, 2013 12:24 PM

    Vikings are owned by a couple of felons. Packers are owned by thousands of them.

  32. ratsfoiledagain says: Sep 24, 2013 3:51 PM

    If you count purposely manipulating caps space to sign free agents, thus in this era of quick judgment, cheating to win divisions, super bowls, etc.; then by all means yes, he was the greatest owner.

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