Vikings want to divert lottery money to new stadium

A rare piece of good news has emerged in Minnesota regarding the Vikings.

The team-branded scratch-off lottery game reportedly “cleared” $12 million in its first year of existence.

A statement issued Wednesday by the team is a bit unclear as to whether the program generated $12 million in sales or whether the program generated $12 million in profit.  Though I’m no financial expert, it’s a fairly significant distinction.

Making it even more significant is the fact that the Vikings would like to use the money generated by the lottery program to help fund a new stadium.  With the public contribution expected to be in the range of $40 million to $60 million per year, a $12 million chunk from the Vikings lottery game could account for a healthy chunk of the target amount.

“Certainly it’s not going to pay for the whole financing, but it could be part of the puzzle,” Vikings V.P. of new stadium finagling Steve LaCroix recently told the Minneapolis Star-Tribune.

An even bigger part of the puzzle is the looming construction of a new stadium in Los Angeles, and the reality that the Vikings likely would be moving there if a new stadium isn’t built in Minnesota soon.

33 responses to “Vikings want to divert lottery money to new stadium

  1. Of course the big assumption here is that sales will continue at the $12 mill clip over the life of the loan.

    At a $60 mill per year public “contribution” then the state need only come up with $48 million a year.

    I wonder how the poll numbers look?

  2. I know months ago there was talk of allowing slot machines into the horse tracks to help cover the cost of the stadium. The state’s in budget trouble so they’ll have to figure out a way to get the money without increasing taxes and adding slot machines to places with gambling on horse races, poker, and blackjack seems like a good idea.

  3. $40 million to $60 million per year??

    18 Million to fix the roof sounds good.
    Coat of paint, some new beer dispensers,
    good to go.

    I hope the rest of the owners are not as tone deaf as these folks. Folks are scraping, all over. There is no money for anything, fed and states are just hammered with debt.

    All this in the context of the CBA mess?

    Unreal.
    To the folks in Minnesotsa, don’t let your distaste for the ownership distract you here. I would be inclined to want to tell em to piss up a rope, but the sob will move the team.
    Stay on him, stay on your pols, they do respond to floods of emails, calls.
    They really do.
    If they know you are genuinely angry, they will act.

    The league can’t really do anything, except yell and beg over the phone, pray the owners forget to take their stupid pills.

    Goodell, as we know, has his hands seriously full right now, does not need another big beef.

    So pester the people in a position to cut these pracks down to size.
    Remind them that Mr Kraft built his own place.
    Deep Blue Massachusetts offered nada.
    He did it anyway.

    Mr Kraft is of course, a hero of mine.
    Good luck with the fight.

  4. Why do you keep saying in every Chargers post that they’re moving to LA, and in every Vikings post that the Vikings are moving to LA?

    Are they both moving or are you being paid to subtly support the viability of the LA stadium project or what?

  5. This is a tough climate for millionaires to be asking tax payers to fund yet another stadium – the timing could not be worse, and price tag has never been higher.

    This Los Angeles move has always been used as a “pay up or else” threat that power brokers continue to use to put pressure on the middle class.

    Just remember however … Los Angeles does not have a stalwart track record for supporting professional football teams. The weather is nice – meaning there’s lots of alternative activities for the laid-back population to indulge in – plus their economy is also in the toilet.

    The Rams failed in L.A. and moved to Missouri. The Raiders failed in L.A. and moved back to Oakland. The Vikings in L.A.?? Once the newness rubbed off, it would be the same thing.

    As Charlie Daniels used to sing … the L.A. street aren’t paved with gold.

  6. macaracoon says:
    “Why do you keep saying in every Chargers post that they’re moving to LA, and in every Vikings post that the Vikings are moving to LA?

    Are they both moving or are you being paid to subtly support the viability of the LA stadium project or what?”

    The NFL would like 2 teams in L.A. – 1 nfc and 1 afc. So yes, they might both move.

  7. I have an idea.

    PUT IT ON A STATEWIDE REFERENDUM.

    If the folks in Minn want to have bad schools and an even worse infrastructure as a tradeoff to keeping a mediocre dysfunctional NFL franchise in the State then God love em.

  8. This isn’t really new money. Its just taking money from the lottery pot by putting a vikings brand on it.

    The reality is, the Vikings aren’t the only possible team that could go to LA. San Diego is probably a better choice and they need a new stadium too. The NFL is using the LA situation to get multiple teams around the NFL new stadiums.

    If the Vikings want a new stadium, build one. I’m sick of these billionaires begging for money from the tax payers. Its disgusting.

    And the local media is completely biased about the new stadium because they want some luxury press boxes and if the vikings leave many of them would probably loose their jobs too.

  9. It was $12 million in sales over six months. If there were a long-term Vikings lottery and people knew the money would go to a stadium, it would generate quite a bit of revenue. The only people who pay for it would be people who want a stadium, so it seems like a no-brainer to me. Of course, the idiot governor is against it.

  10. Why can’t more teams just renovate like Kansas City did this year. I went to a game there this year and the place looks amazing for a fraction of the price. I say leave the roof off and use the team’s contribution to renovate.

  11. I love the Patriots, but I was 100% behind our legislature for not wanting to fund Gillette Stadium (not that Kraft asked for funding, IIRC). They loaned him money for the infrastructure around the stadium, which is what they’d do for any large development project. But taxpayer funding for a stadium should be a non-issue. I’d rather follow the team long-distance than see my property taxes go up to keep them.

  12. Check the Star Tribune. Looks like the Vikes found a location for the stadium. It’s the site of an old armory, an area the Gov’t has wanted redeveloped for years. And it is between three main highways so they wouldn’t need to build any new infrastructure (roads, offramps, metro stations etc.) I think this is good news on the stadium front.
    As a Vikings fan who lives in L.A., I can say people will support teams (see the Lakers, Dodgers and Angels) but the big thing no one seems to mention is this new stadium won’t be built until 2015. Where is any new L.A. team gonna play until then? And don’t say Colisseum or Al Davis’ corpse will roll over in its grave

  13. They will figure out some way to build a new stadium. Nobody in state government or in the private sector wants to admit that they can’t compete with the Packers. Relocating elsewhere would be exactly that.

  14. Huge Vikings fan here! Today I asked them for a refund for my $52 for the Bears debacle last year instead of having them credit my account. No big deal, it was just $52, but I didn’t want it sitting in that account, because there is no way I’m purchasing season tickets again until at the earliest May with all of the scenerios surrounding the NFL and the Vikings right now. Anyways, they said they would not refund the $52, unless I cancelled my account. I’m pretty sure the fast track to LA has already started. I was thinking no way they really end up moving, but now I’m probably more on the 50/50 and rising. Seems like they aren’t even trying to keep current ticket holders interested.

  15. The Vikings have a multi billionaire owner. Let him pay for his OWN house. Giving the lottery money to schools and teaching our kids and giving them the best opportunities is much more important than billionaires paying millionaires. Bridges fell down in the area. How about refitting the infrastructure instead of being held hostage by greedy billionaires?

  16. stellarperformance says:
    Feb 11, 2011 11:59 AM
    They will figure out some way to build a new stadium. Nobody in state government or in the private sector wants to admit that they can’t compete with the Packers. Relocating elsewhere would be exactly that.
    ————————————————–

    What a chumbolone. This has nothing to do with the stupid Packers. Virtually every stadium issue comes down to the final moments where it is do or die. Get a clue dude. I don’t think anyone in the state government gives a jack about how they are compared to Packer fans.

  17. clintonportisheadd says:
    Feb 11, 2011 11:22 AM
    I have an idea.

    PUT IT ON A STATEWIDE REFERENDUM.

    If the folks in Minn want to have bad schools and an even worse infrastructure as a tradeoff to keeping a mediocre dysfunctional NFL franchise in the State then God love em.

    ————————————————–
    Another brilliant observation. You started out okay and then went to the “dysfuncctional franchise” card. While we may not have the Super Bowl win to brag on, as a life long fan I love the entertainment this team brings on a yearly basis. I will say that I do agree that owners should have to pony up for the bill. Hopefully that happens.

  18. “Cleared” implies profit. Net, not gross.

    “I cleared $50,000 last year” would refer to take-home pay.

    Then again, it’s still not entirely clear from this article what the $12M means since the use of a colloquil term leaves the door open for interpretation.

    Hell, it’s Vikings-related so the author most likely meant “lost” when he said “cleared.’

  19. It brings up many ideas for scratch off tickets. There could be a farve ticket: match 3 retirements or unretirement, match three interceptions.
    A Peterson ticket: Match 3 fumbles.
    A Williams wall ticket: match 3 starcaps.
    A party boat ticket: match 3 hookers/strippers.
    The possibilties are endless.

  20. Dear shadowman1433,

    Just a few flaws in your scratch ticket ideas…

    Since AP cut his fumbles from 20 in his first three years to just 1 last year, maybe we could do a big grand prize, jackpot promo, just ONE card and you could be our newest millionaire!

    It’s called the LOVE boat scandal, not the party boat scandal. And next time, use the term “escort”. It’s way more classy.

    Here’s a hint. Maybe lock yourself in a freezer and try to freshen up your ideas a bit.

    SKOL

  21. juanhughjazz says “I’m still hoping they move to LA”

    Uh . . . why, exactly?

    Are you a Vikings fan that lives here? I guess maybe I could see that, although as a Vikings fan that lives here I would hate to see that happen; the Vikings belong in Minnesota.

    Perhaps you are a fan of some other team and live in Minnesota . . . not sure exactly why the Vikings moving to Los Angeles would be of benefit to you, unless you’re working on the premise that “your” team will be on local TV more often. It doesn’t work that way, trust me.

    I’ll rule out that you’re just anti-NFL in general, because then you wouldn’t be on this board.

    Do you just not like the Wylf’s? If so, hoping that they will go away and take their team with them seems to be the essence of nosectomy in the name of facial spite.

    Explain, please. I’m perplexed.

  22. I may be wrong with this, but several years ago, just after the Wilf family bought the Vikings, there was a big to-do in Anoka county. This was to go through, without a referendum, meaning that the Vikings had a site, money, and all the means to build a state of the art facility that included a large shopping complex, medical facilities, and would be the “new” winter park, all done, without a vote. Anoka county was ready to do this, and all the Vikings had to do, was NOT talk to anyone else about building a new stadium. As per the Vikings, they started talking to someone else (City of Minneapolis, if I am correct), and Anoka Cty told them to pound sand. If my facts are correct here, how on earth could I feel sorry for poor rich Mr. Wilf, when he HAD his new complex, in the palm of his hand?

    BTW…I am a Vikings fan, and have been since I can remember. Even i am tired of hearing about this. Mr. Wilf….time to put up, or shut up.

  23. “NoHomeTeam says:
    Feb 11, 2011 6:16 PM
    juanhughjazz says “I’m still hoping they move to LA”

    Uh . . . why, exactly?

    Are you a Vikings fan that lives here? I guess maybe I could see that, although as a Vikings fan that lives here I would hate to see that happen; the Vikings belong in Minnesota.”

    How can you possibly be a fan of the Vikings that lives in LA and you don’t want them to come? Have you even seen the stadium they’re trying to build there?

    It’s badass.

    The state of Minnesota has been showing their ass on this issue for long enough now, and if they still can’t get it figured out then they deserve to lose the team.

  24. txhc says: Feb 12, 2011 5:09 AM “How can you possibly be a fan of the Vikings that lives in LA and you don’t want them to come? Have you even seen the stadium they’re trying to build there? It’s badass. The state of Minnesota has been showing their ass on this issue for long enough now, and if they still can’t get it figured out then they deserve to lose the team”

    It’s like this, txhc: I grew up in that area, and so I have a pretty good feel for what that team means to people in Minnesota and the Dakotas. It’s a popular pastime on this board to slam the fans of any given team as not being “real” fans or “not supporting” their own team, and Vikings fans get their share, but losing the team would be a deeply damaging blow to the psyche of the region.

    That’s why I don’t want the team to move to L.A. Don’t get me wrong — I want a team here — but I don’t want it at the expense of the people up there who not only love that team, but feel that it’s part of their cultural identity.

    This makes me something of a hypocrite, I suppose, in that I’m perfectly willing to welcome a team from some place I don’t have any historical or emotional ties. Ideally, I’d like the Rams back, despite (or perhaps even because of) the grief that would cause to St. Louis Rams fans. I’d be fine with the Jaguars or even the Bills — any team with a stadium issue — as long as ownership went the Art Model route and created a completely new identity for the Los Angeles team.

    And nobody deserves to lose their team.

  25. Look, I’m a Cowboys fan from the D/FW area so I don’t really have a dog in this fight. It’s just frustrating for me, somebody who has seen this issue play out first hand and who is watching the “consequences” or whatever they’re scared of in Minnesota on a daily basis. It’s ridiculous.

    Take a look at this.

    People are worried about their property taxes, or their income taxes, or whatever going up and it doesn’t have to be the case. That’s not what we did here, and you literally don’t even notice the stadium taxes that are helping to pay for Cowboys Stadium. Arlington (a city of about 380,000) is the only city that is helping pay for that $1.2 billion dollar stadium. Dallas/Ft. Worth or any other place around here don’t spend an extra dime on taxes or anything else like that. And like I said, you don’t even notice the effects of their added taxes when you go to Arlington! If we can figure it out down here, you would think the twin cities area up there could come up with a way to at the very least renovate the Metrodome if they want to keep the team so bad. If they can’t then I’m sorry, but this is the big leagues. LA has their stuff in line and is basically ready to go. Minnesota needs to step up to the plate and figure it out.

  26. If the Vikings and the Chargers move to LA, isn’t the rule that Minnesota and San Diego keep the team colors and logos (ala the Cleveland Browns?).

    So the NFL would need to put together new colors and team names for the LA teams, things that reflect our LA culture. Names like:

    Lohans
    Spectors
    Rehabs
    Gridlocks
    Thetans
    Fluffers
    Orange Curtain (City of Industry team)
    Silicone Floaters
    Golden Kush (Rx)

  27. You know, the vikes have given me some entertainment through the years. But they were all cheap laughs, so you’d think the cost would have to be pretty low to get my vote.

  28. jimmylions says: “If the Vikings and the Chargers move to LA, isn’t the rule that Minnesota and San Diego keep the team colors and logos (a la the Cleveland Browns?). So the NFL would need to put together new colors and team names for the LA teams, things that reflect our LA culture. Names like: Lohans — Spectors — Rehabs — Gridlocks — Thetans –Fluffers — Orange Curtain (City of Industry team) — Silicone Floaters — Golden Kush (Rx)”

    I was all prepared to be outraged that somebody from outside Southern California was mocking us, but the Orange Curtain reference clearly identifies you as one of us. Nicely done.

    I actually kind of like the L.A. Spectors . . .

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