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.