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Why Don't Adrian Peterson And Chad Greenway Have A New Contract Yet?

This has been an odd off season, in so many ways.  We've dealt with a lockout, court hearings, a draft, a lifting of the lockout followed by reinstatement 24 hours later, a settlement, and  then a hectic free agency and a somewhat abbreviated training camp.

In years past, and by that I mean a typical off season, the Vikings would usually conduct business as normal.  As in, they'd look at the players they wanted to keep, and they kept them, by and large.  Going back to the then record contracts for Daunte Culpepper and Randy Moss, the Vikings front office has had a pretty good track record in re-signing players they identified as their core group, or guys they wanted to build around.

Adrian Peterson and Chad Greenway most definitely can be described as that, so what gives?

Word just hit the street a little bit ago that the Tians re-signed the second best running back in the league, Chris Johnson, to a6 year, $53.5 million, with $35 million guaranteed.  Were the Vikings waiting for the Titans to make the first move and set the bar?

No, I don't think they were.  The Vikings have never really been a team to let somebody else set the market, at least since Zygi Wilf has owned the team.  Wilf has opened up the wallet, and I would expect that if things were normal the same would be true.

But they're not normal.  And I don't mean in terms of the off-season.

Star-divide

I personally think the Vikings are waiting until they find out about a new stadium.  If the Arden Hills bill passes, I would expect to hear within a week that Greenway and Peterson have both signed long term deals to stay in Minnesota, with money that is at the top of what their positions pay out.

If the Arden Hills bill is not passed, I don't think Adrian Peterson and Chad Greenway will be back.

'But Ted,' you're saying, 'that's just frickin' stupid.  There's no way Wilf would allow such a PR disaster on the heels of losing the stadium fight.  He'll need those guys as the face of the franchise for the 2012 stadium bill."

My friends, there won't be a 2012 stadium bill.

I feel that if Wilf loses this Arden Hills battle, he will start preparing the team to sell.  In positioning a team, or any asset, for that matter, to sell, one of the things you need to do is streamline and cost cut to the gretest extent possible, so there is as little overhead debt for the proposed buyer.

Expensive extensions for Peterson and Greenway would qualify as overhead debt.

Everything about the Vikings, from here on out, is peripherally tied to the stadium bill.  If the bill gets passed, life will be golden.  If it doesn't, I expect Wilf to start shedding as much debt as he can, like those contract extensions.  A lot of the buildings he owns in New Jersey, around 25 or so, have been damaged by the flooding due to Hurricane Irene, and that's going to cost him some money as well. That has to be taken into consideration as well.

I know I'm beating a dead horse here, and I know we just want to talk football, but at this point, I don't think one (football) is mutually exclusive to the other (stadium bill) anymore.

The good thing about the Special Session of the Legislature getting called in September (hopefully) is that it if the bill gets passed, they can get Greenway and Peterson signed early enough into the season so that it won't matter, and if a bill fails, we know there probably won't be contract extensions, and the determination to keep those two will be made by the new ownership group.

That's why, in my opinion, Greenway and Peterson don't have contract extensions yet.

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Great point

And one I hadn’t really thought of. But I’ve heard that the Vikings weren’t the ones tapping the breaks on extending Peterson – it was Peterson himself who wanted to let CJ set the market for him.

Doesn’t mean this underlying stadium bill issue isn’t having an effect, and maybe the Vikes were fine with waiting as well. But there’s at least the possibility that they confronted Adrian about a deal and he stonewalled them until Johnson’s was done.

by TEXVIKE on Sep 1, 2011 2:25 PM CDT reply actions  

Also

Zygi should know that any prospective owner wants the best players locked up (see: Wilf purchasing Vikes and Randy Moss leaving because McCombs was too cheap).

FWIW – I believe Zygi when he says he’s not selling or moving the team. Did you see how many acres he gets to develop around the stadium, if and when they get a deal done? There’s a reason they’re willing to contribute so much money to it. In most instances I think you might be right, but this particular owner is different. It’s not just making money from fans in the stadium that influences the bottom line for the Wilfs, it’s the real estate development deals in conjunction with the stadium that make it so much more lucrative for them. They just might be willing to pay the price of waiting for a stadium because it keeps them in play.

Think of it this way – for most owners it’s “I need a new stadium to make $100 million, and if not then I’m losing money and I’m out.” For the Wilfs it’s “We need a stadium to fund the team and make some dough” (then to each other whisper – “And make an extra $150 million on the development deal outside the stadium!”) Would you be willing to not sell if you could make an extra $X millions?

by Dr. Wolfenstein on Sep 1, 2011 10:51 PM CDT up reply actions  

He said he wouldnt move the team.

He did say he would sell them to someone else however if there is no stadium.
He said that earlier this year.

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 2, 2011 1:40 PM CDT up reply actions  

Hammer to Nail for the TD

Wilf already said he wouldnt move the team, but he would sell them to someone else who would.
Why make it your headache when you can pass it to the next owner.
And I personally dont blame him.
This stadium is messing up alot of things for the Viks…

Rupert came into training camp talking about wanting an extension, saying he would play while they worked it out. I doubt he was wanting CJ to set any bar or anything ike that. I just dont think talks are actually happening.

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 1, 2011 2:28 PM CDT reply actions  

Hmm

If the state turns down the new offer he can also sell AD and chad to highest bidder

by skorepo on Sep 2, 2011 12:38 AM CDT up reply actions  

What are they cattle?

Ya, cause fans are going to come see the Minnesota Browns and will for sure want a stadium then….

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 2, 2011 1:40 PM CDT up reply actions  

True, however

Having Peterson not under contract probably reduces the value of this franchise. Seems like backwards logic to me.

by Cobra312004 on Sep 1, 2011 2:35 PM CDT reply actions  

Agreed,

If I were to buy an NFL team I’d rather get one with AP then without him. If a prospective buyer couldn’t afford the 120 or so salary cap, then there is no reason they should be looking at getting a team. Paying Peterson doesn’t change much a team still has too spend roughly 120 million each year.

What do you call an intelligent Packers Fan?

-An Oxymoron

VikingsForever.com - my blog

by VikingsForever on Sep 1, 2011 2:48 PM CDT up reply actions  

Buying an NFL team is a long-term investment.

AP has at the most, 8 good years left in him, and that’s being generous. No one is going to base their investment off of one player. Besides, teams have shown you don’t have to be productive on the field to make money. Unless you’re playing in the worst stadium in the league.

"I wanted to do it because it's fun, it's fun to do bad things and drive into a car."

by PurplePeopleEaters on Sep 1, 2011 3:01 PM CDT up reply actions  

This

and I guarantee you that there are going to be some players cut that Leslie will want to sign. Something’s going to get done very soon with one of these guys.

by Dr. Wolfenstein on Sep 1, 2011 10:53 PM CDT up reply actions  

Long term yes, but...

Peterson is one of the most marketable players in the league. Period. Short term, he will dramatically effect the marketability of the team.

Not to mention, Peterson is the kind of player that inspires lifelong fandom and you can’t put a price tag on that as long term investments go.

by Cobra312004 on Sep 1, 2011 8:35 PM CDT up reply actions  

People are going to buy a team no matter what

If it’s for sale all Peterson does is drive the price up. I think this is a big reason why this isn’t happening as well. No reason to spend a bunch of cash on a team that you aren’t going to keep. McCombs did the same thing to the Vikes before he sold it to Wilf.

If nothing else this convinces me that Wilf has just about had enough with Minnesota. I hope Minnesota is ready to lose their team because it looks like it’s about to happen.

I'm like the Dali Lama of kicking ass

by Grime on Sep 1, 2011 2:47 PM CDT reply actions  

red was pissed off.

the orig. group was with wilfs as silent parters . that front runner for owner didnt have all his ducks in a row so sale was postponed. as a result while the wilfs scrambled to become major owner red sent moss packing cause its my team and ill run it how i see fit. i dont see how him trading moss was cost effective moreso than being a crybaby "im taking my ball and going home " atitude.

by skol viking on Sep 1, 2011 3:24 PM CDT up reply actions  

Red McCombs

If you were talking about Ol’ Red I would completely agree with your point. He was all about buying low and selling high and maximizing his profit on the increased value of the franchise – with a minimum investment (think Tice as headcoach and OL coach who doubles as OC). But Zygi’s approach is different. He’s more into adding value and building for the long term. This doesn’t mean that he won’t sell the team if he doesn’t get a stadium deal, but I think this franchise is more valuable with AP as the face of it than it is without. I mean if they let him walk at the end of this year and the team finishes out of the playoffs again. It’s not going to help him get a better price for the team – and if he’s not going to keep the team – he’s not the one who will be saving money on reduced contracts next year. The new owner will.

by Siegfried59 on Sep 1, 2011 2:55 PM CDT reply actions  

I wonder where I have heard this before

I was griping about the front office not getting it done awhile back.

If Indy can find a way to sign Peyton to a new deal a couple of days after the new year began then the Vikings could have signed these two. And most likely it would have lowered their cap hits for this year allowing the Vikings to be more active in free agency if they wanted.

They have to get Chad done by Sept 20th or else they have to wait until the off season.

by MarkSP18 on Sep 1, 2011 2:56 PM CDT reply actions  

Really can't fault

Zygi for cutting his losses. He was 100% better than McCombs, but how long can you try and tread water knowing you’ll never get ahead?

Sad that politics and BS will be the downfall of this team if the bill isn’t passed.

by Black Metallic on Sep 1, 2011 3:10 PM CDT reply actions  

"Hasta la vista, baby."

For those still blind to the writing on the wall:

…and now, the end is here and so they face the final curtain.
My friends, I’ll make it clear: there’s little doubt this team is hurtin’.
There’ll be no more encore, and soon those Vikings hit the highway.
When voters nix the tax, then who needs Greenway?

An available NFL franchise is worth a big chunk of change. Which team will become the “only one without a 2012 lease”? That’s right. Hint: The Vikings won’t become homeless.

Do they have to spell it out in letters a thousand feet high for some people to read between the lines? You have two billionaires out in LA who lack just one thing, and it is not money, votes, or stadium sites. There are only 32 of these things on the entire planet, and 31 of them will have a home. When demand exceeds supply, the price to the seller goes up, whether you have All Day or not to work it out.

If you don’t want some nice man enhancing the real estate values of Ramsey county, kindly step aside. This auction won’t end when the penny-pinchers decline to make a bid.

by Elgar on Sep 1, 2011 3:13 PM CDT reply actions  

Damnit Elgar!

You and your cryptic prophesies of doom… I truly hope you’re wrong and we get to laugh at you as the guy on the sidewalk wearing the “World is going to end tomorrow” placard. If not, then you may go down as a modern day Nostradamus, although you may be too intelligible for that.

by Jshore on Sep 1, 2011 3:49 PM CDT up reply actions  

LOS VIKINGOS !!!

warcraft, you are my guitar hero !!!

by danny lloyd on Sep 1, 2011 4:02 PM CDT up reply actions  

I read that Johnson's deal is 53.5 mil, 4 years, with 30 mil guaranteed.

Which I guess would have us looking to sign AP at 65 mil for 5 years with 35-40 guaranteed..?

by Jshore on Sep 1, 2011 3:27 PM CDT reply actions  

For the record,

I don’t think AP and Greenway’s contract status mean diddly-squat to any prospective buyers. The LA group wants an NFL franchise to generate mountains of cash for many years to come… current contract numbers will be spun/rationalized regardless what they are or which franchise is ultimately purchased.

by Jshore on Sep 1, 2011 3:33 PM CDT reply actions  

Half to say

This is my thoughts as well…Ziggy has 49% of the other share holders to make a buck for as well as his 51% ownership…and not spending money now that it looks like there will be no stadium is the smart move…he may also start thinking along the lines of making trades of players as well for picks and lower cost for the team.
I am not from Minnesota but have only ever been a Viking fan for over 40 years…and They are the Minnesota Vikings…so am not sure what team I will get behind now….very sad day indeed.

by vikefan1969 on Sep 1, 2011 3:36 PM CDT reply actions  

LA

How many fans do you think are going to attend Vikings games in the Mausoleum for the next 3-4 years while they’re waiting for a new stadium – with a crummy team? Have you seen the attendance numbers for the Raiders and Rams their last seasons? I still think the most likely franchise to move to LA is the Chargers.

by Siegfried59 on Sep 1, 2011 3:57 PM CDT reply actions  

The Chargers are the 1st in line.

But that doesn’t mean the Vikes won’t move. I think Ziggy might, 50-50, take one last shot at a stadium in 2012. But I wouldn’t rate it as better than even money, and he will court buyers after this season. And he won’t care if one of them says “move the franchise” or not.

And if the NFL leaves, it’s not coming back.

by Shawn Gillogly on Sep 1, 2011 4:08 PM CDT up reply actions  

Fine by me.

If my beloved Vikings leave I will no longer watch the NFL. Just like the North Stars left and I no longer watch or care about the NHL.

by ThorFinsky on Sep 2, 2011 12:45 AM CDT up reply actions  

Not many. As you note, the NFL has a long history of failure in that market. It’s not an NFL town.

by jianfu on Sep 1, 2011 4:30 PM CDT up reply actions  

the state should just buy the team and put all the profits back into the stadium and roads, etc.

and after that, we have a publicly owned revenue generating mechanism for the state.

warcraft, you are my guitar hero !!!

by danny lloyd on Sep 1, 2011 4:09 PM CDT reply actions  

The NFL wont allow that.

The Packers are grandfathered in, but no NFL team can be owned by a state.

by chaosg on Sep 1, 2011 4:16 PM CDT up reply actions  

just because that’s the NFL’s rules, doesn’t make it the law of the land. They don’t have “monopoly” status like MLB

by Chris3 on Sep 1, 2011 4:24 PM CDT up reply actions  

Soooo

now we should be willing to pay for a new stadium for a private business because of what a natural disaster did to his other properties? I don’t like that train of thought…especially since he has insurance. Besides, most of you should realize that a stadium doesn’t bring in enough money to really be profitable, unless you have 3 or 4 professional sports teams using it. If it were bound to produce excess cash, Ziggy would jump at the team. So far, the only thing that he wants is the development rights for the land (that the state would own) around the facility, the power to dictate how the facility (that he doesn’t want to own) will be used, and the cash for the naming rights. Sorry, but if you want all the profits, you can pay for the entire costs.

by Chris3 on Sep 1, 2011 4:27 PM CDT reply actions  

No

You should just be prepared to get used to the word LA Vikings.

by Elgar on Sep 1, 2011 4:31 PM CDT up reply actions  

See

I disagree. Nothing in the Wilf’s track record of how they run the team suggests any real interest in moving. I think this head in the sand crap. We’re Vikings fans – gotta be paranoid about something.

by Dr. Wolfenstein on Sep 1, 2011 10:56 PM CDT up reply actions  

Again
Nothing in the Wilf’s track record of how they run the team suggests any real interest in moving.

by Dr. Wolfenstein on Sep 2, 2011 11:13 AM CDT up reply actions  

other then his own words

Hes been quoted as saying if there is no stadium he would let the team go. What else is he to do? Play in the backyard?

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 2, 2011 1:42 PM CDT up reply actions  

The help them pack..

Because if someone doesnt get their heads out of their ass and get this stadium done…Minn, the state, the people, will lose a metric shit ton of money.

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 1, 2011 4:46 PM CDT up reply actions  

That's so not what I said

That I almost don’t want to respond.

But I will.

Here’s the deal…everything has a cause and effect. As a businessman, Wilf will have to invest capital in some buildings, at least short term, to repair them and get them back to an operational level. Insurance companies being what they are in terms of looking for any way possible NOT to cover you when you need them to honor their policy, I’m sure some of his costs will be out of pocket…I don’t think there’s any way that insurance pays off 100% of all of his damage. If it does, I want that insurance company.

So, if there’s no new stadium deal, there’s no new revenue streams coming in, and the loss of potential revenue from that, along with what he has to deal with in his other businesses, could potentially put him in a short term cash crunch.

Serious question, and I’m not trying to come across as a dick here, but are you intentionally being this ignorant on the stadium issue?

"I'm crazy? Cyril, you're the one who killed a perfectly good hooker!"--Sterling Archer

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by Ted Glover on Sep 1, 2011 4:58 PM CDT up reply actions  

ignorant, no

devil’s advocate, yes. I would expect that any land developer would have their investment fully insured…especially in places where hurricanes occasionally happen. I would also expect that the prudent businessman knows how to carry a large enough insurance policy so that his investors don’t lose money. Bear in mind, his investors in New Jersey are only on the hook for the physical building. No possessions, loss of life, etc. That would be easy to insure.

Concerning “new” revenue streams for a new stadium…the proposed stadium has a capacity of 65,000 people. I expect the 7500 club seats to be included in that 65,000 overall capacity.
http://prod.static.vikings.clubs.nfl.com/assets/docs/arden-hills-solution-051011.pdf

The Metrodome currently seats 64,111 according to the Vikings own website. http://www.vikings.com/stadium/metrodome.html

A difference of roughly 900 more seats in the proposed stadium.

Tell me how much “new” revenue would be raised? Even if the tickets of those 900 seats cost $200 a piece, that would be $180,000 of “new” revenue per game for 8 games. Roughly $1.44 million/yr. I don’t know any (decent) businessman that would invest over $400 million to make less than $1.5 million/yr. That’s a payback of roughly 277 years. So, how is he getting paid back? The problem with the Metrodome is that Wilf can’t develop any near by land and make bundles off of it. The Metrodome is also owned by the Sports Authority who have the naming rights. In other words, Wilf and his investors don’t profit from the naming rights. They don’t have control over how the stadium is used, but why should they, if they don’t own it?

I guess I get my panties in a bunch when someone wants the state or counties to chip in for the cost but not get any of the profits. The Vikings have stated that they will share UP TO 18% of the profit from the sale of the team, this while asking Ramsey County and the State of Minnesota to pay 6/7 of the cost of what the team is currently worth. It just doesn’t make financial sense for Ramsey County or for the State of Minnesota. The jobs numbers look good for re-election purposes, but that’s all. What is the net number of permanent jobs added? That is, how many people will they hire to run the new stadium and how many people will be fired that worked at the Metrodome. I expect the difference to be less than 100. I also expect the State’s and County’s cuts of those income taxes combined won’t cover the County’s maintenance contribution ($1 million annually).

by Chris3 on Sep 2, 2011 1:25 PM CDT up reply actions  

and how much more sales tax money will this proposed stadium raise over the existing one? I’m guessing not enough to cover the County’s and State’s expenses.

by Chris3 on Sep 2, 2011 1:30 PM CDT up reply actions  

you should look over the stadium proposal

More then just the Vikings would benefit from this stadium.
Would they benefit the most, oh hell ya, its their stadium, they should. However, its not like the dome with limited use.

I dont know if I should warn Erin Rodgers he has a dead cat on his upper lip or just let it hang there till Jared Allen rips it off on 10/23?

by LeeleeX on Sep 2, 2011 1:44 PM CDT up reply actions  

Wow, you really slant things against a new stadium.

The state will own any new stadium and get annual lease payments from the Vikings for 25-30 years, will also own the developing rights to the vast majority of the site, and get annual tax revenue from the Vikings players and employees. I’ll agree that the economics don’t project to automatic profits for the state but at worst they’re not going to fall very short of breaking even and will likely make profit from either the stadium or the development of a waste site into a commercial district. A new stadium is a partnership between Wilf and the state and if the plan is executed well enough than both should make profits in the long run.

by CanadianViking on Sep 1, 2011 6:50 PM CDT up reply actions  

I have never heard

what the lease payment will be. I haven’t read it in any of their own literature. I would suspect that the Vikings are pointing to their $400 million proposal (and all operating expenses, etc.) of the mix as their lease payment.

by Chris3 on Sep 2, 2011 1:44 PM CDT up reply actions  

This is the problem I have with your stadium comments. You make assumptions and presume you're correct without facts.

I don’t have any problem with you being against a new stadium because you think it’s a bad deal economically. I just see you posting a lot of your own ideas and opinions against the stadium without basing much of them in fact. Here, you just suspect that the Vikings annual lease payment is part of their 407 million contribution without providing any information to back it up. If this were true the Vikings actual contribution would be almost nothing(guessing lease would be around 15 million per for 30 years). Pretty sure a deal like that would never even be discussed so I suspect that your suspicion is wrong once again : )

Also, above you respond to Ted’s comment by questioning where the extra revenue will come from in a new stadium that only increases in capacity by 900 seats. Above that you mention 7,500 club seats and partially answer your own question. Those club seats are going to be more than $200 a pop and many of the new luxury box areas will be corporately owned and sponsored. Expensive box seating and club areas are the cash cow area of new stadiums and are virtually non-existent at the old metrodome. Another large revenue stream the new Stadium will offer is the 20,000 car parking lot. Do you think it’ll just be free to park at the stadium and tailgate? I’d guess parking could range anywhere from $15-$45 depending on the vehicle type. For simplicities sake let’s go with $20 per spot for $400,000 in revenue per game. Assuming sellouts and a full parking lot that’s 4,000,000 in new revenue per non-playoff year.

Again, I don’t have a problem with you being against the stadium as I obviously have no say in the thing because I live in another country. I do have a problem with you ignoring facts and just making up stuff that supports your opinion. Bring some facts to your argument and you might get more thoughtful responses around here.

by CanadianViking on Sep 2, 2011 2:48 PM CDT up reply actions  

I agree with the parking…that somehow had slipped my mind…I suppose because every where else in the free world, the parking garages are not owned by the team…therefore the team doesn’t get the revenue from them. And in this case, I doubt the Vikings would get the revenue from it, because it will either be owned by the State or by private ventures as part of the land development deal.

Concerning the Lease Payments, currently, there is no lease payment agreement in the bill. That is, there is currently no dollar amount attached to a lease that the Vikings would have to pay for the new stadium. So, yeah, at this point, it is premature to say they won’t pay anything additional. Though, it is also premature to say they will pay anything for a lease. If a dollar amount were attached to the lease, perhaps that would sway the economic rational. However, the annual rent the Vikings pay on the Metrodome is around $4 million. http://sports.espn.go.com/nfl/news/story?id=4672247. That may or may not increase with a new stadium, but it shows that the State will not be paying off their portion of the stadium with these funds.

The tricky thing concerning the my assumptions, is that the pro stadium language is pretty vague. when discussing the capacity of the new stadium, they don’t outright state that the 7500 stadium club seats will or won’t be included in the overall number of 65,000. I have to make an assumption. If those 7500 seats are sold at , say, $250 a piece (as you used $200 as a minimum figure), they will bring in $15 million/season. Ok, that does help close the amount they get from revenue sharing by about half. However, if those seats are included in the 65,000 capacity, then there is quite a bit of overlap. They would not be gaining an additional $15 million in revenue, but rather the $250 from the new seats (900, roughly) and then the other 6600 seats would raise (in new revenue) only the difference between $250 and what they currently go for (cheapest seats at $57). So, 900 seats at $250/seat and 6600 seats that would be increased (net of $193) would add about $11.99 million in new revenue. Of course, there is an assumption that the all the 6600 seats that would be converted would be from the lowest price bracket to the highest price bracket. This may not be the case. So, the $11.99 million figure is the maximum amount of new dollars that the Vikings could raise from the 7500 stadium club seats if they were included in the 65,000 capacity figure.

The Vikings (and the pro stadium proponents also pretty vague on the costs of the Metrodome. They say that it cost $55 Million to build, and brought in over $300 million in tax revenues to the State. What they fail to mention is the cost of 3 additional roofs and several remodels and who paid what for each one. They also forget to mention that the Twins/Gophers/Timberwolves/ North Stars also called the Metrodome home, which would mean that the $300 million in revenue from the dome is not only because of the Vikings. This is a big point. Because stadium proponents fail to mention this, they imply that the new stadium would give the state the same benefit/cost ratio (roughly 5.5 times as much profit as cost). It would be interesting to see what the total cost of the Metrodome has been over its long life and who paid what. Add to that who contributed how much to the profit bin, then a real cost analysis can be had. It is ironic that you chastise me for my assumptions, and then you back up your position by supposing the price per club seat tickets/price of parking/stadium and parking lots filled to capacity/and that a deal that would allow the Vikes to pay around $15 mil/year for 30 yrs would never be discussed. So yeah, we both assume, even though neither of us have straight forward facts. Neither one of us have straight forward facts simply because they are not readily available and whatever info is available concerning costs and benefits is pretty vague.

I do find it amusing that in the Vikings’ literature, they suggest that the rest of the North Division makes more money because of their stadiums, yet the only team with a new stadium is the Lions. Both the Packers and the Bears have refurbished their stadiums, which are older than the Metrodome.

I do want to point out that I think the Arden Hills site is the best site for them. I also think that building a new stadium is not a bad thing. Having the taxpayers pay for it is what I am against.

by Chris3 on Sep 6, 2011 10:44 AM CDT up reply actions  

Hot Potato

Anyone who might be wondering why the right of the taxpayers to vote has become the issue de jour, regardless of what the charter of Ramsey County might say, needs to mix their metaphors a tad and realize that, in this Blame Game as well, whoever is holding the potato when the music stops will get all the bad press.

Whatever politicians say about their amazing leadership skills during their campaigns, they know when to whip out that desk sign that says “Servant of the People.” No one wants to be voted out of office because the Vikings left Minnesota (just like Erik the Red once did, so many years ago). Ah, no. Who led the exodus? It was the people’s choice!

I’ll tell you how many fans are going to attend Vikings home games weekly for the next three years in LA: 93,607, the capacity of a building that was just renovated by USC in 2010.

I also live within walking distance of the A. G. Spanos Building, and I also tell you right now that Dean is not going to sell the Chargers to LA at a loss. Things in California are not cheap. Some are missing the point that both competing stadium ownership teams in LA want to control the NFL franchise to assure the team can’t leave their big investment high and dry.

The NFL is a non-profit 501c(6) entity. The owners under this private entity set the rules on how the league works. If you don’t like it, you’ll just have to set up your own league. It’s a free country. How many billion and how many TV contracts have you got so far?

by Elgar on Sep 1, 2011 4:30 PM CDT reply actions  

and that's the catch

Wilf is after land development and naming rights….he goes to LA and he get’s neither. Also, the LA fans will only show up until Tinsletown decides it isn’t the cool thing to do anymore. Roughly after 5 yrs with no super bowls.

Considering they lost 2 franchises, I don’t think it will really be profitable to move there.

by Chris3 on Sep 2, 2011 1:33 PM CDT up reply actions  

It's possible with the cap situation

They are waiting for final cuts to see if there is anyone worth picking up. If they already re-signed Greenway and Peterson they wouldn’t be able to structure the deals in a way that would make extra room. If they wait and nobody worthwhile is on the market they can sign Greenway and Peterson and take more of the cap hit this season rather than in the future.

by Simply_Greatness on Sep 1, 2011 4:57 PM CDT reply actions  

Elgar nailed it

When Mark Dayton ran for office he was soooo Pro Vikings, as this gets closer, now it’s, let’s let the people vote. Knowing damn well, his political career is over should the Vikes leave. Wilf is really doing everything to make it work.
I am an optimist by fault, I think the deal wil get done. Vikes stay!
As for AP, I think from what I have read is he wants to test free Agency, we wil be forced to trade if a deal cannot be struck. No way Vikings let their best asset in a decade if nit more leave without picks!
Skol

by PURPLEPUSSYEATER on Sep 1, 2011 5:00 PM CDT via mobile reply actions  

I agree, Elgar nailed the political side of it….though I wouldn’t put this at Dayton’s door step alone. He doesn’t have the political power to pass ANYTHING through a republican controlled state senate and a republican controlled state house. That became evident after he conceded the state shut down.

by Chris3 on Sep 2, 2011 1:35 PM CDT up reply actions  

Something to keep in mind

It is likely going to get very ugly and heated between the government and the Vikings. When a billion dollars are on the line..you damn well better be ready to fight tooth and nail for every penny. I’m guessing you’ll hear more “Vikings courting suitors” and “State demands Vikings raise their share” type of verbiage being bandied about. It’s all part of the dance called big market negotiation. The two sides will fight and kick and insult and in the end a deal will get done…or it wont. Either way tensions ARE going to escalate.

by Jepp The Viking on Sep 1, 2011 5:08 PM CDT reply actions  

Furthermore

I highly doubt AP and Chad’s deals are anything remotely linked to the stadium debate. Ziggy could sign each player to insane salaries, and in the event of a sale, be off the hook for that payment the day he transfers ownership. I absolutely promise you someone would buy the Vikes even if Chad and AP had ridiculously stupid deals.

by Jepp The Viking on Sep 1, 2011 5:11 PM CDT reply actions  

and that’s what happened when the Chicago Tribune sold the Cubs.

by Chris3 on Sep 2, 2011 1:36 PM CDT up reply actions  

I half agree with you Ted.

The stadium situation may be holding up Greenway’s deal because of the reasons you noted but I view AD’s situation totally differently for two reasons.

1)AD has had absolutely no reason to even begin discussing an extension until Chris Johnson set the floor for his next deal. By doing an extension earlier than CJ Peterson would have only managed to get less money for himself and would possibly have ended up as the second highest paid RB in the league.

2)AD’s being extended would be more attractive to a new owner than it would be detrimental to a sale. The reason being is that he’s a superstar franchise player that is one of the 10 most marketable players in the league. A team with Adrian locked up is only going to fetch a higher price if Wilf decides to sell. Greenway is a good player but he doesn’t bring that kind of marketability or name recognition so his contract would be an albatross on a sale of the team.

by CanadianViking on Sep 1, 2011 6:58 PM CDT reply actions  

I havent heard anyone talk about what the players want

Neither guy is complaining about the lack of a deal It could be just that the guys want to wait till the stadium deal works itself out. The Dome is a crapy place to play and it could be that both guys want to know that their home is gonna improve.

The value of the team will be dependent on the players on the team and their facilities and very little else.
All of the teams will be within a few million dollars so each other in salary, so keeping AD and Chad will be important to the new owner.
I think the reason for the delay has more to do with the players rather than the Vikings FO

"Democracy is a device that ensures we shall be governed no better than we deserve."
George Bernard Shaw

"In those days the best painkiller was ice; it wasn't addictive and it was particularly effective if you poured some whiskey over it."
George Burns

by just another viking on Sep 1, 2011 9:12 PM CDT reply actions  

ooorrrrrr

maybe they weren’t waiting soo much on the stadium, as much as the lock out, CBA and short offseason training periods. It would do no good to possibly have to sit out practices/preseason for a contract negotiation…particularly when you have a new coach and new playbook.

by Chris3 on Sep 2, 2011 1:39 PM CDT up reply actions  

I disagree here...

Peterson already has the $$ with endorsements.
He’ll get paid and rewarded for his loyalty and being a true professional. He may want to be in the Hall of Fame and the Titan holdout fiasco has only boosted Adrian’s chances.

Another reason is the cap space and limitations for the 2011 year. A stronger team than a one man Titan show has Adrian putting the team ahead of his personal financial gain. This only means more fan support for him in the best possible way.

The stadium is all fluff with Adrian’s situation. Now that is a ‘reach’

by VikesFanSince1967 on Sep 1, 2011 10:15 PM CDT reply actions  

On the plus side

Christian Ponder is surprisingly fast, so if AP leaves I think we’ll be OK!

by Dr. Wolfenstein on Sep 1, 2011 10:58 PM CDT reply actions  

(please note humor is intended)

by Dr. Wolfenstein on Sep 1, 2011 10:58 PM CDT up reply actions  

It's also worth noting

that AP’s career will be nearly over by the time a new stadium is constructed anyway. I don’t think he cares about a new stadium, at least from a personal standpoint, although I’m sure he’d love future Vikings to experience it. The guy’s probably gonna play the rest of his effective career in the Metrodome.

by Zach_Bodenner on Sep 2, 2011 12:02 AM CDT reply actions  

Staduim deal or no Staduim deal

Love me some Vikes and have for over 43 years,got bit when I was 7,but you guys got me beat by a mile.I was hoping just watch Vikes play this year,but you guys leap frog and into a unknown Season,hell first game this year aint played,and we moving,aint signing A.D. AND MOVING.
I will take a package what ya smoking or drinking or whatever makes ya see that far into the future,but your wasting that Talent far seeing.Your seeing Viking Future,hell give me the numbers lotto next year in 4 installments,and ill buy the Vikes.

Being a Vike fan has taught me you can never will a Team win,never bet with your heart and put the Vikes to win,anytime they get close to a S.B. ,they take you this close >< and leave you hanging with what if.
Karma,no just unlucky be a Vike fan,Ill put the Purple on,moan,groan all Season long,and if they have a good year ill wait that last second,when I think maybe again,but no alas another year wishing hoping.
Being a Vike fan is hard4 times S.B. never won 1,always wishing and there is always 1 G.B. fan on your block that is an asshole.I am lucky my G.B. fan happens to be a decent person,otherwise I would be doing 20 to life.

My point here is,we have this year,enjoy and let what will be happen,we have the Vikes this year,and what happens next year happens.If this is my last year as a Vikes fan then so be it,let me enjoy it,watch it unfold.
Ill worry about,what if,next year after all ,anything can happen.

by speedlod on Sep 2, 2011 12:19 AM CDT reply actions  

hahahaha

greenway gets contract think your belief just got shot with both barrels

by skol viking on Sep 5, 2011 5:58 PM CDT reply actions  

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