Ramsey County wins Vikings stadium bid war

Categories: Vikings

ramseystadium1.jpg
minnesotavikings.com
The Vikings' new schloss will sit on the laqrgest Superfund site in the country.
If the Vikings stay in Minnesota, they're going to do it in Arden Hills. Ramsey County won the bidding war against Minneapolis to help finance the construction of the team's new stadium on what they call the site of the largest Superfund site in the country.

The retractable-roof stadium they want to build will cost $884 million, not including an additional $173 million to cover infrastructure, parking and environmental costs. The Vikings promise to pay $407 million of the project's total $1.057 billion cost.

Right now, here's how the team and county propose to work the rest of the deal: Ramsey County would cover $350 million, or 33 percent of the project's total costs, through a 0.5% sales tax increase. The state would cover $300 million, or 28 percent of total project costs, through a pro-sports memorabilia tax, sales tax on direct satellite services and a dedicated sports-themed lottery.

stadium overhead.JPG
minnesotavikings.com
An overhead view of the proposed stadium site.
The announcement comes a day after Minneapolis unveiled a plan to keep the Vikings on the Metrodome site in a retooled stadium, and the same day that a new state-wide poll showed massive public opposition to taxpayers having to foot any part of the stadium's construction costs.


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Jditlevson88
Jditlevson88

Let me get this straight. Were building a brand new stadium in the middle of nowhere that will only be used 8 times a year for more money than fixing up the metrodome site? How does this make sense?

Michelle Bachmann
Michelle Bachmann

For $600 million dollars couldn't the state buy the Vikings and fix the Metrodome? The Vikings still make money playing at the Dome. If the public owned the Vikings then we could make the profit off the Vikings every year. We would make sure they never left and lower our tax burden. I wouldn't have a problem using my tax dollars to pay for something I would profit off of. I don't see why we are giving a subsidy to a billionaire like Ziggy.

Mn taxpayer
Mn taxpayer

The renovation of the Dome could include a new Casino - Hotel complex to lure more conventions. Vegas style casino that will generate enough revenue to pay off the development.

vitajex
vitajex

At least the tax is only on pro sport memorabilia. That means I won't have to pay more for bats that are officially licensed by the Richfield Sticky Wickets cricket team.

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