Skip to content

Wilfs could end up paying a lot more for Vikings stadium

VikingsStadium

Like pretty much everything ever attempted to be built within a budget, the new Viking stadium is going over its budget.  And with the Minnesota Legislature placing a hard cap on the public contribution, any extra money spent on the project will come from the Vikings and/or the NFL.

Sid Hartman of the Minneapolis Star Tribune speculates that, in the end, the private contribution could increase by more than $100 million.

Last fall, the private contribution climbed by up to $41.5 million.  Another $2 million will go to the addition of 18 suites at the venue, pushing the total number of big-ticket game-watching rooms to 116.  Last week, the team announced that another $1.3 million will be added for escalators, elevators, and anywhere from 800 to 2,000 televisions.

“It’s a work in progress,” Vikings V.P. Lester Bagley told Hartman.  “Just like when you renovate your house and you get your numbers in from your contractor and you have to decide:  Do you want a $1,000 sink or a $500 sink?”

With $498 million in public funds already committed to the project, it’s easy for the Vikings to justify plunking down more money to make the stadium what it was envisioned to be.  No matter how much the final cost, the taxpayers eventually agreed to cough up nearly half a billion in order to ensure that the team will stick around over the long haul.

Permalink 39 Comments Feed for comments Latest Stories in: Home, Minnesota Vikings, Rumor Mill
39 Responses to “Wilfs could end up paying a lot more for Vikings stadium”
  1. jjb0811 says: Jun 23, 2014 7:47 AM

    Man is that SB going to backfire on Goodell. Only he could think that hosting the biggest game in America during the middle of a Minnesota winter is smart business.

  2. ermi0101 says: Jun 23, 2014 7:58 AM

    Ummm… The taxpayers didn’t agree to anything. In fact most were against it. The governor forced this upon us.

  3. whatjusthapped says: Jun 23, 2014 7:59 AM

    The Wilfs have already proven to be adept at fleecing money out of people as evidenced by their recent business fraud conviction so what’s another $100 million?

    If push comes to shove, they can always raise the money by increasing the cost of the PSL’s. Talk about fraud, charging more money to watch the Vikings under the disguise of the NFL logo. I would feel sorry for the fans except for the fact that they are going to win the Superbowl this year, how do I know that? From reading this website, its been stated on almost a daily basis.

  4. f1restarter says: Jun 23, 2014 8:04 AM

    “…to ensure that the team will stick around over the long haul.”

    That should read “will suck around over the long haul”.

  5. harrisonhits2 says: Jun 23, 2014 8:06 AM

    Awwwww you mean the poor weasel of a billionaire might have to pay more the 10% of the cost of building his stadium ?

    Minnesotan’s got ripped off bigtime in this deal.

  6. purp1eone says: Jun 23, 2014 8:07 AM

    Can’t wait to see the new stadium!!

    Skol Vikings!!!!!!!!!!

  7. bordner says: Jun 23, 2014 8:14 AM

    They’ll screw it up somehow.

    #metrodump2.0

  8. floratiotime says: Jun 23, 2014 8:23 AM

    They should pay it all. This is just corporate plunder. The NFL hates America.

  9. tokyofilthblaster says: Jun 23, 2014 8:27 AM

    Wile E. Coyote (Vikings) often obtains complex and ludicrous devices from a mail-order company, the fictitious Acme Corporation (NFL Draft), which he hopes will help him catch the Road Runner (Packers). The devices (draft picks) invariably fail in improbable and spectacular ways. Whether this is result of operator error (coaching) or faulty merchandise (players) is debatable. The coyote (Vikings) usually ends up burnt to a crisp, squashed flat, or at the bottom of a canyon. Occasionally Acme products do work quite well such as the Dehydrated Boulders, Bat-Man Outfit, Rocket Sled, Jet Powered Roller Skates, or Earthquake Pills (Adrian Peterson). In this case their success often works against the coyote (fumbles against Saints). Other times he uses items that are implausible, such as a superhero outfit (Favre), thinking he could fly wearing it. He cannot. In the end, the Road Runner (Packers) always wins (NFL record 13 World Championships).

  10. dcviking says: Jun 23, 2014 8:30 AM

    The taxpayers may footing a portion of the bill, but I’m not sure they reall “agreed” to do this…

  11. Gordon says: Jun 23, 2014 8:36 AM

    Except, when I renovate my kitchen, I’m not spending someone else’s money when I get the more expensive sink.

    Nice to see Minnesota be a little smarter than most cities on the burden for cost overruns.

  12. themeccalambeaufield says: Jun 23, 2014 8:39 AM

    That’s the difference between a true fan base that actually supports it’s team and volunteers stock donations while the other is force fed taxes which will likely get enven worse.

  13. theoriginalbvan says: Jun 23, 2014 8:40 AM

    LOL!

  14. brownsmakemecrazy says: Jun 23, 2014 8:47 AM

    That is nonsense. The Owner of the team should be paying the bulk of the costs. Taxpayers should not be paying 498 million while the owner max is gonna pay 100 million. These cities need to tell these owners and the NFL to shove it

  15. oilcandroid says: Jun 23, 2014 8:49 AM

    “It’s a work in progress,” Vikings V.P. Lester Bagley told Hartman. “Just like when you renovate your house and you get your numbers in from your contractor and you have to decide: Do you want a $1,000 sink or a $500 sink?”

    Yup – that’s something all of us blue-collar football fans can relate to.

  16. realitycheckbaby says: Jun 23, 2014 8:56 AM

    You know what’ll bring fans faster than a fancy, new stadium?

    Wins.

  17. 700levelvet says: Jun 23, 2014 8:57 AM

    The 1,000 dollar sink comment really puts it all in perspective… Thanks Veep

  18. Carl Gerbschmidt says: Jun 23, 2014 8:58 AM

    Once Zygi has to actually start kicking in some of his own money, you can bet some of those “retractable features” will be left out of the design.

  19. Dolphinatic says: Jun 23, 2014 9:09 AM

    Who the hell pays $1000 for a sink? Even $500 for that matter?

    I’m in the wrong line of work.

  20. ariani1985 says: Jun 23, 2014 9:14 AM

    and our little sisters to the east keep pumping money into an old outdated outhouse year after year!!!!! Notice that we have a new playpen and you don’t???? Notice that NO NEW stadiums have horrible bleachers and HAVE running water? Yeah, thought so!!!!! Fake stock for Vikings? I think NOT!!!!

  21. jimmysee says: Jun 23, 2014 9:17 AM

    “In Xanadu did Kubla Khan
    A stately pleasure-dome decree …..

    —– By Samual Taylor Coleridge

  22. golforepar says: Jun 23, 2014 9:30 AM

    Getting the stadium done will test an already weak fan base. I can’t wait to read all the irked Vikings fans comments in the coming months!

  23. dietrich43 says: Jun 23, 2014 9:54 AM

    Like all stadium deals, its Crony Capitalism. The politicians get large donations for the rich, to pass laws that benefit the rich. Don’t worry, if it runs over budget, Wilf will just hire a handful of attorneys to bluster, threaten, and sue in an effort to keep the costs down.

  24. osiris33 says: Jun 23, 2014 9:56 AM

    I can’t believe you stupid Minnesotans are bitching about paying a little bit of money to keep your mediocre, loser franchise. You’re lucky to have a team. And any state stupid enough to let Al Franken steal a senate seat doesn’t deserve a team in the first place.

  25. bigjim50010 says: Jun 23, 2014 10:03 AM

    ariani1985 says:
    Jun 23, 2014 9:14 AM
    and our little sisters to the east keep pumping money into an old outdated outhouse year after year!!!!! Notice that we have a new playpen and you don’t???? Notice that NO NEW stadiums have horrible bleachers and HAVE running water? Yeah, thought so!!!!! Fake stock for Vikings? I think NOT!!!!

    and yet the little sisters actually win games….but that isnt very important. Quality seating is the benchmark of a great organization.

  26. shumagorath says: Jun 23, 2014 10:10 AM

    osiris33: And to think, I almost voted for “Lizard People” instead of Al Franken …

    Next time …

  27. ariani1985 says: Jun 23, 2014 10:29 AM

    and yet the little sisters actually win games….but that isnt very important. Quality seating is the benchmark of a great organization.

    ———————————————-
    You must not watch the playoffs……where losing or getting trampled under foot is expected……

  28. purpleguy says: Jun 23, 2014 10:51 AM

    It will be great sitting in a nice shiny state-of-the-art new stadium with comfortable seats (as opposed to metal high school bleacher seats), although I will miss the trough urinals.

  29. Aaron Rodgers Has Tiny Hands says: Jun 23, 2014 11:10 AM

    When Teddy Bridgewater is flinging touchdown pass after touchdown pass to Cordarrelle Patterson in the most beautiful stadium in the NFL, no one is going to be complaining about who paid for what.

  30. atthemurph says: Jun 23, 2014 11:22 AM

    dietrich43 says:
    Jun 23, 2014 9:54 AM
    Like all stadium deals, its Crony Capitalism. The politicians get large donations for the rich, to pass laws that benefit the rich. Don’t worry, if it runs over budget, Wilf will just hire a handful of attorneys to bluster, threaten, and sue in an effort to keep the costs down.
    ————————————————————

    Not quite. Here is how it really works.

    The politicians force feed you into believing that football or basketball stadiums are ‘good for the economy” when they really don”t produce anything.

    Then the politicians set up something like a sports facilities corp to build and run these facilities. These corporations which spend tax dollars and are staffed with un-elected “friends” of the politicians then hire the construction firms, design firms, law firms, accounting firms…….. who are also all friends of the politicians.

    So guess who wins in these deals?

    The teams certainly do because they get to use of taxpayer dollars with no cost because the stupid populace get’s scared into thinking it’s a good economic value and will return more than it costs. That of course is a lie.

    What these deals really do is enrich the politicians, their cronies, friends and relatives as all those hundreds of millions are spent using the friends network and those tens of millions of dollars of ongoing operating fees are funneled the same way.

    And over runs?? They call those pure profit! When a stadium is half done the tax payer can’t be left with a shell structure. It has to be finished.

  31. f1restarter says: Jun 23, 2014 11:34 AM

    Aaron Rodgers Has Tiny Hands says:
    Jun 23, 2014 11:10 AM
    When Teddy Bridgewater is flinging touchdown pass after touchdown pass to Cordarrelle Patterson in the most beautiful stadium in the NFL, no one is going to be complaining about who paid for what.
    —————————————————
    And when elephants sprout wings and sing opera, no one is going to care about football anyway.

  32. themeccalambeaufield says: Jun 23, 2014 11:47 AM

    “You must not watch the playoffs……where losing or getting trampled under foot is expected”

    Are you talking about the embarrassing loss by the queens in the playoffs arianna at the hands of the Pack two years ago surrounded by last place finishes with the others for the hapless queens?

    Lastly look up the the number one sporting experience from all aspects in the U.S. and guess what it is….wait for it.

    A game at the Mecca of the NFL Lambeau Field. Embrace the Suck Minnesota!

  33. themeccalambeaufield says: Jun 23, 2014 12:05 PM

    “You must not watch the playoffs……where losing or getting trampled under foot is expected……”

    Don’t be so hard on your queens. I assume you are talking about the one playoff game the Vikings were embarrassed by the Packers in the playoffs on national tv that were sandwiched between your last place finishes.

  34. slugbaitspace says: Jun 23, 2014 12:41 PM

    After four long weeks, my kitchen renovation will finally be completed tomorrow.

    I was able to use my new $500 sink for the first time last night. I love it.

    A $1000 sink would probably be an extravagance that wouldn’t make my new kitchen experience any more enjoyable. It would just give me bragging rights with friends who don’t even care.

    Enjoy your sink, Vikings.

  35. coachkilla6 says: Jun 23, 2014 4:25 PM

    If they paid a dollar for it, they paid a dollar too much.

    #shrinetofailure

  36. truecoat says: Jun 23, 2014 7:17 PM

    It’s really interesting to see time and time again that people have no idea how this stadium is funded. The e-pull tab idea didn’t work so they added another cig tax and closed a corporate tax loophole. It isn’t coming out of the general fund so unless you are a smoker you probably aren’t paying a dime.

    And as far as Wilf fleecing taxpayers? Not sure how that happens when you invested $600 million on a team and another half a billion in a stadium. The NFL makes a lot of money but that’s a huge outlay of cache to fleece the taxpa…cig smokers.

  37. sonofad says: Jun 23, 2014 7:49 PM

    Reinforcing the seats to support their morbidly obese fanbase is going to be expensive.

  38. swedishfish14 says: Jun 23, 2014 9:53 PM

    Wilf has not given all the above additional money. Most of it is only based on if costs go overbudget. The Suites will generate up to $100k each per year.
    That $2 million they are bragging about will be paid off very quickly. And the scoreboard expansion will easily be covered by the increase in ad fees.
    So, don’t pat the owners on the back, yet. These enhancements payback handsomely.

  39. ivanpavlov0000 says: Jun 23, 2014 11:05 PM

    $498 in corporate welfare, paid by the citizens of Minnesota to the NFL.

    Hope the schools don’t need any supplies.

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!