The Minnesota Vikings, the city of Minneapolis and Gov. Mark Dayton have unveiled a stadium deal that they plan to bring before the Minnesota Legislature. Dayton appeared with Vikings owner Zygi Wilf and Minneapolis mayor R.T. Rybak to announce the deal, which will look to build a new stadium next to the current Metrodome site.
According to the plan documents, the plan will call for a $975 million fixed-roof stadium, with more than half of the costs coming from the Vikings themselves. The city of Minneapolis will provide $150 million in upfront costs through the redirection of existing convention center taxes. The state will provide $398 million through the expansion of electronic pull-tabs.
The agreement is still subject to approval by the Legislature and the Minneapolis City Council, which is far from assured. Dayton lauded the people responsible for getting the deal done, including Republican Reps. Morrie Lanning and Julie Rosen.
Dayton argued that construction of a new stadium will bring thousands of new jobs, while creating many permanent jobs once the stadium is finished. Dayton also argued that the plan will not take any funds from the state's coffers.
"Not a single tax dollar from the state's general fund will be used for this project," Dayton said.