The Minnesota Vikings and Wells Fargo have reached a preliminary agreement to resolve a conflict surrounding a development near the team’s new stadium. Vikings vice president of stadium development Lester Bagley says the agreement was reached on Saturday night. It establishes parameters for roof signage on a new Wells Fargo tower close to the new Vikings stadium in downtown Minneapolis. The Vikings were concerned that the proposed signing violated city ordinances and would deter other companies from pursuing naming rights deals for the new stadium.
The Minnesota Vikings and the Minnesota Sports Facilities Authority completed a portion of the terms that could lead to the team’s new stadium. The most important part of the two documents for fans is the Stadium Builder’s License. There has been strong opposition to the use of them, but they have become a part of professional sports.
The 2016 opening of the new Vikings stadium could be in jeopardy. The team unexpectedly broke off negotiations with the Minnesota Sports Facilities Authority (MSFA).
The Vikings stadium final leases were scheduled for votes this Friday at the Minnesota Sports Facilities Commission. But now those votes are on hold until an investigation into the Wilf family’s finances can be completed.
The Minnesota Vikings say a lawsuit against their ownership group will in no way affect the team’s finances or plans for a new stadium. Vikings vice president of public affairs Lester Bagley says a 21-year legal fight between Zygi, Mark and Leonard Wilf and their partners in an apartment complex in New Jersey is “a private business matter.”
The Minnesota Vikings are working out final details with the University of Minnesota to play two NFL seasons at TCF Bank Stadium. The Vikings need a temporary home while they build a new $1 billion stadium in downtown Minneapolis.
A leading House Democrat proposed Monday afternoon to add the state sales tax to team jerseys and other pro sports merchandise to help cover the state’s share of the new Vikings stadium.
Minneapolis-based Mortenson Construction is well-known nationally for its sports facilities. It built Target Field and TCF Bank Stadium. Mortenson won the bid with both an aggressive construction schedule, and a hometown discount.
The Minnesota Vikings will be hosting a game at London’s Wembley Stadium next year.
Lobbyists for the Minnesota Vikings are reporting $115,000 in expenses this year through May, when the Legislature approved a $975 million stadium.
Now that the Minnesota Vikings will get their new stadium, the worrying can begin over a gambling expansion designed to pay the state’s share of the $975 million project.
After the Minnesota House approved a revised stadium bill on a 41-30 vote following several hours of negotiations, the Minnesota Senate passed the bill Thursday afternoon by a 36-30 margin.
The Minnesota Vikings’ pursuit of a $975 million stadium went to the floor of the state Senate on Thursday and even opponents predicted it would clear its final hurdle.
A reworked Minnesota Vikings stadium bill that passed the state House early Thursday has the team paying $477 million, significantly more than the owners previously said they would contribute.
The Minnesota Senate voted in favor of the new stadium –- 38 to 28 — just before midnight after debating for 11 hours on Tuesday.