Minnesota Vikings Stadium: Metrodome Now "Only Workable Site"
"The governor spoke to Mr. Zygi Wilf this afternoon and told him that if we are going to get a stadium bill passed this year, it will have to be at the Metrodome site," the governor’s spokeswoman Katharine Tinucci said. She said the Wilfs will come to Minnesota on Wednesday to meet with Dayton.
Just last week, Dayton appeared to prefer building a new stadium on Minneapolis’ Linden Avenue and said that he lacked enough information to fully recommend any site.
I really, really don't think I like where this is headed.
It certainly didn't take very long to go from "not having enough information to fully recommend a site" to "Metrodome site or bust," did it?
So now, the governor has presented the Vikings with an ultimatum. . .either we're going to build on your least favorite site, the site that is going to cost you an extra $70 million between changes/improvements that will have to be made to TCF Bank Stadium to make it NFL-caliber in the interim and the income you're going to lose from playing in a stadium that holds 10,000 fewer people, or pound sand.
Quite frankly, for Zygi Wilf. . .and it pains me to say this. . .the "pounding sand" option is probably looking more and more favorable.
I can't help but think that this is not going to end favorably for our favorite football team. Discuss.
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Wha hoppen?
Man, it went from getting a stadium done this session to perhaps maybe in 2013. And now this. Why doesn’t the Gov. just come out and say, “Hit the road, Vikings, you’re not wanted here anymore.”? A more feckless bunch of politicos I’ve never heard of before in all me born days.
"Never approach a bull from the front, a horse from the rear, or a fool from any direction." - Old Cowboy proverb.
Fuck Fuck Fuck Fuck Fuck Fuck Shit Fuck.
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 9:40 PM CST reply actions 2 recs
Dayton lacked enough information to fully recommend any site?
What did he use that 148 page report on the Arden Hills project for, toilet paper?
"Never approach a bull from the front, a horse from the rear, or a fool from any direction." - Old Cowboy proverb.
Paper cranes probably. He seems like he'd be into origami.
Though I think that was more in regards to stadiums in Minneapolis since Arden Hills has been ruled unacceptable by the powers that be lost their public funding portion and couldn’t find a new one.
He's not going to fully recommend a site that can't pass.
I know people here want him to use the bully pulpit. But pounding the podium won’t change anything. No new taxes Republicans, any legislators who are listening to the state business interests, and those opposed to all public subsidies for a stadium won’t change because he yelled real loud.
In the end, this was coming.
There’s no way a referendum passes, the politicians are in bed with the casinos, and there’s no way Zygi was going to dole out the $800m for his palace in Arden Hills.
Everyone fails. The successful learn from their failures. I just wish we'd quit giving ourselves so many learning opportunities.
by WhiteSpeedReceiver on Jan 23, 2012 9:43 PM CST reply actions 4 recs
For a summary of what we've learned in the last 10 years on the stadium situation:
Red the comment from WhiteSpeedReceiver above.
White Horn Gold Pants
Ugh.
That is all.
"Courage is resistance to fear, mastery of fear, not absence of fear." -Mark Twain
I figgered Dayton was just playing games until Minneapolis decided what they wanted
Somehow, I think this is even more political than I imagined.
by liveforadrenaline on Jan 23, 2012 9:57 PM CST reply actions
Except...
…no one in the Minneapolis leadership besides Rybak and Johnson want this site. Business leaders and the majority of the city council prefer Linden or Farmer’s Market.
Nope
The reason Linden Ave is out is because they need 9 of 14 votes on the city council to sell the city’s land there. They don’t have them.
The Farmers Market is out because of complications with the site itself and unhappy neighbors, and a lack of Viking interest.
This is true...
…but doesn’t change the fact that the only true supporters for the Dome site are Rybak and Johnson. The others will probably go along if it gets the deal passed but it’s not the “West Downtown” vision shared (which in their minds would include Farmers Market too) that the majority of the council/business leaders seem to prefer.
Basically, I was just trying to point out that the evidence doesn’t support claiming the Dome as the consensus Minneapolis choice, rather, just the choice that can pass this session despite all it’s warts.
Man...
And I was so ready to dub the new digs “The Palace at Arden Hills….”
"At this point, what we got to lose, right? So we might as well throw caution to the wind and hit people in the face."
--Vikings DE Jared Allen
Why?
Because he wants to do what it takes to get a stadium deal done this year?
by amiller92 on Jan 23, 2012 10:12 PM CST up reply actions 2 recs
True, He can't pass what won't get the votes.
White Horn Gold Pants
by DM_Purp on Jan 23, 2012 10:39 PM CST up reply actions 2 recs
All options still on the table
Great news: all options are still on the table!
Fans just need to find their checkbooks and help Zygi out. For a small 1-time donation of $10,000 per seat, Wilf would have the money he wants to build a stadium wherever he wants, as profitably as he wants.
Stop begging for Wilfare. Bypass government by providing direct corporate welfare to the Vikings.
Tell you what
If and when a stadium does get built, don’t go to it for football games or any other events.
After all, would hate to see you contributing to “Wilfare.” (Ha ha it’s funny because instead of “welfare” we put the owners’ name in there instead.)
The state of Minnesota apparently has no problem spending their money on all sorts of dumb things. . .hence the reason they’re $6 billion in debt. Lord forbid they spend the money on something that might actually be beneficial.
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by Christopher Gates on Jan 23, 2012 10:14 PM CST up reply actions 2 recs
The Market Works
I am free to spend my own money to go to games. You are too. But you are not free to spend my money to subsidize your entertainment or Wilf’s private business.
What’s stopping you from writing a check to Wilf? You have a loyal following. Why not ask fans to pool their money to help increase Wilf’s share of the costs / decrease the corporate welfare demands?
In general, Minnesotans are Vikings fans, but not fans enough to be willing to subsidize the team. Yet, there are plenty of hardcore fans who probably would be willing to pony up some serious cash for PSLs and other forms of funding to create the “game day experience” they claim to want.
BTW, using stupid spending on other things to justify spending money on something this stupid is really stupid. We’d lose nearly half a billion dollars over 30 years if we met Wilf’s corporate welfare demands. That’s bad public policy.
by edkohler on Jan 23, 2012 10:24 PM CST up reply actions 1 recs
Except spending on a stadium isn't stupid
Then again, you do seem like the type that’s totally cool with not putting thousands of Minnesota’s construction workers back to work.
Oh, well. . .if the current government wants to be known as the group that a) shut down the government and b) allowed the Vikings to leave town, then they’re certainly going about it the right way. In the event that happens, we’ll have no problem helping to direct Minnesota voters to the folks most responsible for letting the Vikings leave, and doing everything we can to run them out of town on a rail.
After all, as you said. . .we have a sizable following. I’m guessing that would equate to a lot of volunteers.
Then in a few years when Minnesota is making futile efforts to get an expansion franchise (which isn’t happening) or attempts to lure another team to town, they can spend even more money to build the same stadium that they’re trying to get done now, and you’ll have something fresh to cry about. Seems that all you anti-stadium folks do is cry, quite frankly.
Politically, I consider myself to be a conservative, but really. . .this crap is embarrassing.
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"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
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by Christopher Gates on Jan 23, 2012 10:40 PM CST up reply actions 2 recs
They will eventually get another franchise
There s just no telling whether any of us will be alive or how much it will cost.
So true
Right now, isn’t the estimate that it will cost an additional $42 million each year that construction on a stadium is delayed?
Life being what it is, one dreams of revenge.
- Paul Gauguin
http://www.dailynorseman.com/
Avoid delays
Pool your money to close the financial gap between what Wilf is willing to pay and what Dayton can get the votes for.
For what?
A donation? Then the state just comes in and takes it’s share for the next 30 years? Yea, sounds fair…
by Cobra312004 on Jan 23, 2012 10:56 PM CST up reply actions
Correct
Fans should be donating rather than demanding forced donations from taxpayers. Green Bay fans did it. Show some pride in your team.
If that was possible
we probably would.
Build up your weaknesses until they become your strong points." --Knute Rockne
If you're not smart enough
To know the difference between the Green Bay Packers’ ownership situation and the situation of every other franchise in all of the Big Four North American sports leagues, then you really have no business coming in here and lecturing anybody on anything.
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"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
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by Christopher Gates on Jan 23, 2012 11:00 PM CST up reply actions 3 recs
common sense
Isn’t so common people that cry about welfare or wilfare are retards, the state I’m sure would want to hold high school and other events in the new diggs so the state needs to pay for a portion likewise if wilf pays for it all ( or ramsey co finds a way to fund their portion) the wilfs and the county should both be able to say Fuck Off to the state. I hate the fact that uneducated (or ill-informed) people come here to run their mouths before they think
Also if it was an option I would donate to the cause because I for one ENJOY watching the Vikings, WIN OR LOSE
by Lunchpail on Jan 24, 2012 12:28 AM CST via mobile up reply actions
Oh, I see...
So it’s that the Packers fans have so much pride in their team.
And I was thinking that it had something to do with the fact that the NFL won’t allow any other teams to “sell stock” (even the funny stock that Green Bay doles out), because they can’t have more than 20 owners.
The Packers fans are no more committed to their team than any other fan base. If the league allowed Wilf to sell “stock” I bet he could bypass the state’s contribution altogether.
Good point skol Girl
It would only take a few years for all these numbers to double!!
Build up your weaknesses until they become your strong points." --Knute Rockne
I don't want another franchise
I want this one. Sure they’ve pissed us off and disappointed us beyond belief, but this is our team damnit, and I want it to stay that way. If this this team moves the NFL is nothing more than crap on the sidewalk to me. If the Minnesota Vikings die, my fanhood dies.
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 10:53 PM CST up reply actions 1 recs
Strong opinion
Back it up with money. That’s the problem that needs to be solved. Tell Wilf to take out a $200 million loan that he could repay through PSLs or jacked up ticket prices.
You got some balls man.
You’re coming in here and basically kicking us while were down. Go to the Strib and bitch about raising taxes there.
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 11:02 PM CST up reply actions
Why should they?
Why would the NFL put another team in Minnesota? You know, the state that let 3 teams relocate (and spent the better part of 14 years slowly driving the Vikings away). Give it twenty years and it’ll be Packer/Bears territory and they won’t even lose the market. No, this is it for Minnesota and the NFL.
And you might want to check your completely fabricated math again….
We’d lose nearly half a billion dollars over 30 years if we met Wilf’s corporate welfare demands. That’s bad public policy.
The stadium is projected to generate over $700 million in tax revenue alone over the next 30 years. Throw in taxes on the Vikings payroll ($150 million/year and rising) and we’re getting pretty close to an even $1 billion that just won’t exist in the state’s coffers. Then we’ll all have something to complain about.
by Cobra312004 on Jan 23, 2012 10:53 PM CST up reply actions
Check your math
I ran the numbers over here:
http://www.thedeets.com/2011/11/27/it-costs-50-million-year-to-borrow-650-million-dollars-wilfare/
It’s a net loser if we meet Wilf’s corporate welfare demands. If the numbers made sense, the Vikings would have the votes. If it was even close, legislators would hold their nose and vote for it. But, Wilf is demanding more money than any NFL franchise in the history of the NFL. More than any sports team in the history of the United States. That’s not going to happen. Thus, the move toward more financially sane stadium locations.
I think your numbers are wrong
It seems to be assuming that no one is doing anything to pay down the debt. The Metrodome was paid off in about 10 years.
by Cobra312004 on Jan 23, 2012 11:23 PM CST up reply actions
Ed, I checked your personal site, but also ran numbers in a mortgage calculator.
I can’t figure where your numbers came from. I ran it through my mortgage calculator software and got less than half your numbers. At that price, the taxes generated by the mere existence of the Vikings in this state exceed the cost to put them in Arden Hills, nevermind the additional tax revenue from related economic activity, development and new property taxes.
Like everyone’s mortgage, the first payment is nearly all interest and little principal is paid.
Even then, a thirty year mortgage at 4%, would pay about $24 million in interest year one. It would decline each year thereafter.
by Lars in SLP on Jan 24, 2012 6:46 AM CST via mobile up reply actions
I can answer half of that
The “how much will it cost” will be “a hell of a lot more than it would cost for a stadium right now.”
http://www.profootballhof.com/history/release.aspx?release_id=1286
The last expansion team to come into the NFL, the Houston Texans, paid an expansion fee of $700 million. That was a decade ago. Seven years before that, the Carolina Panthers and Jacksonville Jaguars each paid $140 million. So, over the span of seven years, the expansion fee increased 500%.
If the NFL does expand again. . .and, with the way things are set up now, it’s just too perfect for it to be likely, the fees are going to be in the billions of dollars. Who in the blue hell is going to pay that? Especially with a sub-standard stadium and a state government that is unwilling to do anything to help out.
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by Christopher Gates on Jan 23, 2012 10:53 PM CST up reply actions
Good reason to write a check
If a team really wanted to be in the Twin Cities market, we wouldn’t have to pay to have them here. It’s a free market. If the NFL benefits from being here, they’re welcome to be here.
If it’s important enough to you, you’re welcome to pay their ransom.
And if you don't want your taxes
To potentially pay for a new Minnesota Vikings’ stadium, you’re always free to move.
See how that works both ways?
The difference being that I can guarantee that the Minnesota Vikings are far more beneficial to the state of Minnesota than you are.
SBNation Minnesota - For the greatest sports fans in the world.
The Daily Norseman - The greatest Vikings' site on the Internet!
"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
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by Christopher Gates on Jan 23, 2012 11:05 PM CST up reply actions 4 recs
good argument.
If you disagree with me…I think you should move.
Don’t you run this site? "I know you are, but what am I??Have I been following a tween’s blog?
Don’t cross Chrissy Gates, he will T.P. your house.
by vikingsvikingsvikings on Jan 24, 2012 4:49 PM CST up reply actions
No, they won't
Not unless another team relocates. If they won’t build a stadium now, it’s not going to get done.
If I was the NFL, I’d tell the VIkings get this done, or fuck off.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
I'm glad you wrote something
I wanted to say something to self important guy here but was having a difficult time coming up with the words. He makes some valid points and his site has some pretty pictures (decent looking site I must say) but his forward thinking is terrible. I disagree with amiller on his point that the state will get another franchise eventually. Why on earth would any franchise want to locate here after this, unless a new shiny stadium is already in place with a “for rent” sign in the window. Minnesota politics – it’s freakin worse than Iowas.
Build up your weaknesses until they become your strong points." --Knute Rockne
Step up, Fans
Get out your checkbooks. Things are getting serious. Now is the time to show that you care enough about the team and the game day experience to put your money where your mouth is.
Enjoy that unemployment rate ed.
Build up your weaknesses until they become your strong points." --Knute Rockne
Job losses
Yes, there would be a couple hundred full time jobs lost if the team left. But, borrowing $650,000,000 to save a couple hundred full time jobs is not good public policy.
A couple hundred full time jobs
That generate tens of millions in tax revenue.
by Cobra312004 on Jan 23, 2012 11:07 PM CST up reply actions
Never mind that the borrowing
S backed by the facility and matched to a dedicated revenue stream to pay it off.
You don’t know what you are talking about.
When you write a check for $10,000 to a school
I’ll write one to the Vikings. Until then, piss off.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
by Ted Glover on Jan 23, 2012 10:55 PM CST up reply actions 2 recs
I'd rather write mine to the millions of people sittin' around milkin' the system
They seem like a great investment.
White Horn Gold Pants
We already do that
It gets us people like edkohler.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
by Ted Glover on Jan 23, 2012 11:03 PM CST up reply actions 1 recs
Milking the system?
I have a job. I pay taxes. The work I do brings money into the State of Minnesota and creates jobs here. That’s milking the system?
by edkohler on Jan 23, 2012 11:06 PM CST up reply actions 1 recs
to Ed-
Dear Ed,
These guys are wankers when you disagree with anything stadium related. They spent months yammering about Arden Hills.(which never had a chance,Bemidji anyone??)-so keep up level headedness and stick with the facts and numbers and maybe we can get a stadium built.
by vikingsvikingsvikings on Jan 24, 2012 4:57 PM CST up reply actions
Sure
By your logic, if people don’t have children, they shouldn’t have to subsidize the schools they go to, right?
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"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
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by Christopher Gates on Jan 23, 2012 11:06 PM CST up reply actions
It's a valid point
Why should I invest my money into schools when I have no kids and the schools don’t generate any revenue?
by Cobra312004 on Jan 23, 2012 11:08 PM CST up reply actions
I don't have a problem with paying for schools.
Because as a society we all benefit from having public education.
But I do think it’s unfair that “Married People” and “People w/kids” get special tax breaks.
by chaosg on Jan 23, 2012 11:32 PM CST up reply actions 1 recs
Totally agree.
And home interest deductions (even though I have used it myself) is a crappy policy too.
Easy Crosseyes
Cobra’s not being serious. He’s refuting a point that Edkohler made above about “Vikings over schools?” Education is important, but investing in the Vikings isn’t just throwing $ away. It’s an investment in community and a portion of the economy a portion on jobs and keeping $ moving around in Minnesota.
White Horn Gold Pants
Maybe he wasn't being serious.
But the fact remains that many opponents of the stadium are selfish people who only want to pay a cent of taxes if it directly benefits them without giving a damn about anyone else who may benefit, or even need it outright.
The lack of foresight here is incredible...
You pay for schools because you have a direct interest in an educated youth. Where will the engineers, doctors, and professionals of the future come from without public schools?
All of that was sarcasm
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 9:39 AM CST up reply actions
By your logic
I don’t have kids in public schools. I shouldn’t have to pay the taxes for said schools, correct?
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Agreed
I don’t want to go to far off topic but realistically, there should be a tax receipt given to everyone at the end of the year and how much went to this and that. I’ve lived in a few different states in my life and there is an understood law of life. Subsidizing broken homes, subsidizing poor behavior, subsidizing children that are ignored by their “parents” and subsidizing multiple, yes multiple, out-of-wedlock children is a travesty. When someone who “can’t afford” basic things and keeps having children, something is wrong. There is something to gain by working 40-x hours per week multiplied by x amount of children. Why would people do it if there was no short term profit? Are there people that need it? yes. But the way the system works is that people can game the system to the max to make as much money through it. Do I care about people? Absolutely. Compassion isn’t giving money to a problem, and saying that it’ll work. Compassion is not adding up how many people we help over a lifetime, but rather the amount of people we help who no longer need help.
Moving on, anyone who says the Packers have it right would agree but every organization cannot due what the Packers do and that is but sell “seats” so someone can sit on a bleacher. There are “standards” in which NFL teams must adhere to when building a new stadium. Does the Metrodome need to be improved? Hell yes. Has legislation been delayed beyond belief? Hell, yes! Should we have expected something different? Probably not. Unfortunately, other politicians in other states will gladly put up more money for an NFL stadium. Is it fair? No. Should a company as profitable as the NFL get state funding to run their business? No. But this is reality, and the current laws aren’t preventing them from waging a bidding war into getting what they want. I don’t want to lose the Vikings and neither do a lot of businesses. How many sports bars, retail outlets, and other restaurants want the Vikes to leave? Hell, how many people in downtown who know the actual negative numbers of losing the Vikes actually want the Vikes to leave Minneapolis? Until the current laws change, which I believe they should, corporate welfare exists and we are forced to live with it (hopefully not to much longer).
The NFL needs to ease its standards in which owners build their stadium. I’m not saying that we need bleachers to cut costs, but REAL business/customer friendly. A rehashing of the current dome would be unfortunate. More space is needed to move around rather than cramming people in small hallways and even smaller bathrooms. Could you imagine the Vikings popularity if it was a recreation of the Met but built with the acoustics of the Stadium in Seattle? If there are some to blame for this fiasco, its the NFL procedure and the state. At the same time, why do the Gophers get their own stadium? If multiple teams were playing at the Vikings stadium, this would’ve already been done.
Unrelated, to offset costs, a real salary cap per position+ performance needs to be implemented. This will never happen unless every team can’t sell out their seats or if you’re Green Bay, a place on a bleacher.
Last question. How do ticket prices stay the same or drop? (without actually getting a real boycott of the Vikings) In a case that would actually happen, you’ll probably never see an NFL team come back to that city. Speaking of which, I’m willing to bet that if the Vikings move, there never will be a time to get another NFL team back here.
There are jobs bills and stadium boondoggles
Claiming that anti-corporate welfare for NFL franchise folks are anti-job creation is a really weak argument. There are people of the far right where that may fit, but there are plenty of people on the left who see a role for government job creation through health care, education, or justifiable construction projects.
For example, Dayton has proposed a $775 million bonding bill that aims to put people back to work while upgrading the state’s infrastructure:
http://minnesota.cbslocal.com/2012/01/17/dayton-unveils-bonding-bill/
Education may not be as sexy as subsidizing your entertainment, but it creates jobs with a side effect of educated Minnesotans. Bridge repair is boring, as crossing bridges should be.
And 10,000 construction jobs is what, not working?
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Taking a wasteland and turning into something
that is profitable isn’t the dumbest idea I’ve ever heard of. The fact that Dayton and the Legislature aren’t willing toi spend money to make money and look at the long term investment and economic development that the Arden Hills site could bring is ridiculous.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Wouldn't the federal government assist on that?
I don’t see why not (if I understand it correctly)
Build up your weaknesses until they become your strong points." --Knute Rockne
On the clean up of the land, yes
As I understand it, they’d pick up most of the tab.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Converting wasteland
Good point. The land is worth cleaning up.
But, the land would be more profitable if it was reclaimed then used in a way that generates property taxes. Wilf’s plan would have the public own the stadium. Why? No property taxes.
If normal local businesses and home owners developed that land, it would contribute more to the tax base.
'Normal' local businesses and housing developers
don’t have $400,000,000 burning a hole in their pocket to start the ball rolling. Wilf does.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Not 10,000 Jobs. 673 Jobs
There may be quite a few people who work on the job site for a few days, but the money would be enough to employ the equivalent of 673 full time construction workers over 3 years. I’ve explained that here:
That’s a lot of jobs, but there are more efficient ways to create that many jobs, and with better side effects (educated kids, healthier people, safer bridges, etc.).
You're going to have to use a source without the bias.
If you’re going to get me to believe shit coming from you.
True that.
Also, if there’s roads and polluted eye-sore government property just sitting there waiting to get cleaned up, why not do that all at once. And before Ed brings in his point about preferring the Arden Hills location for other development opportunities. It’s not like the state couldn’t negotiate who owns what and what is property taxable and what is not.
White Horn Gold Pants
What the deuce is he thinking?
Let’s invest $775 million into construction projects on things that generate little to no revenue for the state! Perfect! And this company over here that generates hundreds of billions of dollars? Screw those guys!
by Cobra312004 on Jan 23, 2012 11:00 PM CST up reply actions
Hundreds of billions of dollars?
The Vikings generate around $21 million/yr in revenue for the state today. They’re asking for ~$50 million/yr in subsidies. See the problem?
With a new stadium, that revenue is projexted to be almost $30 mil/yr
multiply that by 30 years, which is the length of the lease they said they would sign, and that’s over $900,000,000. Subtract $650,000,000, and that’s still a profit to the state we like to call in the accounting world a shitload of money.
So what’s the problem?
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
The Vikings themselves...
…. only claim to generate $20,000,000 per year with a new stadium. Where’s the $30MM figure from?
Possibly
From the events that would be held there on the other 355 days of the year that the Vikings weren’t using it?
I don’t know. . .I’m just spitballing here.
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by Christopher Gates on Jan 23, 2012 11:17 PM CST up reply actions 2 recs
That sounds right.
It would HAVE to be a dome in this case.
Build up your weaknesses until they become your strong points." --Knute Rockne
or retractable (anyway assessable 24/7)
Build up your weaknesses until they become your strong points." --Knute Rockne
DING! Chris wins a big shiny internets toy
People forget in this discussion that the Vikings won’t be the only group using the stadium. Now, it’s not going to be like when the Gophers/Twins all shared the Dome, but the idea is that you get a new stadium and boom, you get the SuperBowl, FinalFours, etc(see JerryWorld sightings). Oh and before anyone throws out that JerryJones paid for his stadium on his own. Yes, Jerry is like a $2.5+Billionaire, Wilf net worth isn’t anywhere close to that. One of the lower for NFL owners.
White Horn Gold Pants
I believe that's their current revenue
From what I’ve read at least. They estimate an additional $6 million or more with a new stadium.
by Cobra312004 on Jan 23, 2012 11:22 PM CST up reply actions
Here's the funny one ed (I'm not trying to be rude)
Ed Kohler
November 29th, 2011 at 9:46 am
@Rat, I’ve decided to block you from commenting. It’s just too much to deal with someone who’ll allude that I’ve "created an entirely new set of facts" without pointing out an example of how I changed facts. That’s just rude.
In my opinion, you haven’t contributed anything of value to this conversation.
From your own site
Funny that.
Build up your weaknesses until they become your strong points." --Knute Rockne
by abba7 on Jan 23, 2012 11:14 PM CST up reply actions 1 recs
The problem
I don’t believe the debt would take as long to pay off as your estimates. The Dome was paid off in about 10 years.
by Cobra312004 on Jan 23, 2012 11:17 PM CST up reply actions
I don't think that's right
Plus, the Dome had 2 professional teams and a D1 Univ playing their games there. That’s a big difference. But again, a new state of the art facility in the Cities would bring in some large attractions. For the size, the Colt’s stadium is about the only thing remotely in the midwest that I can think of. But we have how many years consecutive sellouts so if you add a few large events, you’re talking about knocking that down quicker than the 40 years Ed’s talkin’ about. The SuperBowl alone is somewhere in the ballpark of like $100M+. That’s not to mention the attention and advertising for the state/Cities.
White Horn Gold Pants
Super Bowl
More in the $300-$500 million in pure economic impact. Though I don’t think that takes into account tourism generated after the fact (since the Super Bowl itself is kind of like a big commercial for the host city). Not sure what that translates to in tax numbers, but it’s a lot.
And yes, having three teams playing in the dome helped pay it off quicker, I’m sure. But you can check the data yourself. The luxury taxes Minneapolis put into effect to cover the public portion of the Dome were in effect for about 10 years, at which point it was paid off and the tax was discontinued.
by Cobra312004 on Jan 24, 2012 12:24 AM CST up reply actions
Just to be clear, I completely agree with you
I brought up $100M+ because when the lockout shit was going on, that’s what the City of Indianapolis was freaking out about that they would be “out” that $ if the season was cancelled. I’m sure those #s weren’t based on economic activity. Indy has already had a B1G Championship game even though the best location would have still been Soldier field. Think about it. A B1G championship game in a dome??? None of the schools play in a dome. Minnesota could walk right into that, especially if they had a retractable dome.
White Horn Gold Pants
I would like to add:
Good luck getting anyone to go to your state. I’m from Iowa and I’m done with Minnesota altogether if the Vikings leave. (sarcasm font: one) I’ll bet having the SuperBowl, Final Four, B1G Championship, and other major events really turns that stadium into a money pit (sarcasm font: off). Seriously, you complain about not wanting “your” money wasted on the Vikings, but to have the choice of where you spend it. I get it. There’s plenty of things I would like the government to stop wasting my money on. If I were on control, there would be ZERO government assistance. Before you bash me about claiming Wilfare for the stadium and whatnot, I would point out the benefits the state receives: job creation, taxes from those incomes, state attraction, a year-round facility for large events like I listed above.
White Horn Gold Pants
Interesting points
But, the numbers don’t add up. If they did, the Vikings would have the votes. Or, why wouldn’t Wilf just finance the stadium privately, own it, and reap all the benefits? Because it doesn’t add up.
Because if he did build the stadium
And reap all the benefits, you’d find a way to complain about that, too. So what difference would it make?
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by Christopher Gates on Jan 23, 2012 11:14 PM CST up reply actions
If he did that
The state just walks away with hundreds of millions in tax revenue for free. Why is that a better option?
by Cobra312004 on Jan 23, 2012 11:27 PM CST up reply actions
That's pretty much...
…. how all the other businesses play the game. You can call it “free money” or you can call it taxes.
Most businesses don't generate that kind of revenue for the state
Nor do they provide a facility as an asset for the state.
by Cobra312004 on Jan 24, 2012 12:14 AM CST up reply actions
Like Chris was saying elsewhere
There’s 355 other days of the year that the local marketing/development can put to good use. What else is the Dome used for these days, monster truck ralleys….and….?
White Horn Gold Pants
Volume
It can still generate more in 8 days than most businesses do in 5 years.
by Cobra312004 on Jan 24, 2012 12:20 AM CST up reply actions
To Ed
This is a response to your “Why wouldn’t Wilf spend the $$$ and reap all the benefits himself?” Well, that’s a very good question. Short answer: “LA”. Wilf has stated numerous times that he has no intentions on moving the Vikings. He didn’t say anything about selling so far that I’ve heard anyways. He has competition. You mentioned “free market” earlier. That’s where the free market is at. The city/state/community can benefit from keeping the Vikings here. You’re right, if the politicians feel that it’s not worth it and the Vikings walk, then it is what it is. When it comes down to it, Wilf isn’t going to lose any sleep. He’s a good businessman first. It appears that the #s are close enough to where this is NOT a situation where the city/state would be throwing money down a huge well. I don’t think any of use are saying the city/state should throw all this money away and will never see it again. If there needs to be some negotiating on how some of the concessions/tickets/parking/other streams of revenue are distributed then fine, have that discussion. Tweak the proposals. Work WITH the Vikings. The problem is that the politicians are just now getting into negotiating and the Vikings have been legit, from what I can see, this whole time. That doesn’t work in the real world. They are going to walk and those people should be voted out not necessarily for letting them go(again, if the “deets” are doomed and it would really put the people of Minnesota at risk, then fine, decline the proposals), but if there WAS time for negotiating and those steps aren’t taken we’ll find out about it.
I can’t help but think there is one reason we haven’t seen more movement in the negotiations and that is because a majority of the politicians are playing “the game” and not doing what is in the best interests of its people. Again, if the #s are close, you pull the trigger. I think its that simple. From what I’ve read and looked at, the state should get its $ back + the continual economic movement/ job creation/ pride in a local franchise for many Minnesotans(not all, but many)
White Horn Gold Pants
to clarify one part:
a majority of the politicians are playing "the game"
Can we agree that many of the votes(people) out there are relatively stupid? Ok, not that I’ve got that pointed out. It’s pretty easy for some running for Governor to say about incumbent Dayton: “Would you rather have a Governor with some fiscal responsibility or would you rather have a Governor that signed off on a bill costing the state $650M when the state has a deficit and job creation is needed. Education is needed. This Governor just handed $650M over to a billionaire”
That person running for Governor would have a lot of points that would gain a lot of votes because most people wouldn’t understand nor care to research the details of that decision. They would be too turned on by all the buzzwords he’s throwing out there.
White Horn Gold Pants
If I could channel my inner 'Butch and Fabian' from Pulp Fiction
Fabian: Who’s paragraph is this, Bootch?
Butch: It’s not a paragraph, baby, it’s a post.
Fabian: Who’s post is it, Bootch?
Butch: It’s Ed’s.
Fabian: Who is Ed?
Butch: Ed’s dead, baby. Ed’s dead.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
by Ted Glover on Jan 24, 2012 12:51 AM CST up reply actions 1 recs
You know...
…I don’t think he’s even going to read it.
Because if he did you'd bitch about something something environment
I’m sure.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
think about
The children Won’t somebody think about the children!!!!!!
Seriously if I had a kid and he turned out like eddy boy… I’d send him to China…(not really but )
by Lunchpail on Jan 24, 2012 12:46 AM CST via mobile up reply actions
Actually, it does
What numbers are you making up in your head? Because I’m looking at facts:
Check out the Metrodome’s budget numbers. When the Twins/Gophers/Vikings all used the dome, the Vikings brought in less than half of the revenue. Now that they are by themselves, they still only bring in less than 75% of the revenue for the MSFC.
Also, check out this article outlining more facts.
The total in direct contributions from the Vikings games to Minnesota is about $21.5 million.
If the state paid $650 million for a new stadium in Arden Hills, it would take 31 years to recoup that money, at a rate of $21.5 million per year.
That doesn’t include all of the direct economic activity that the Vikings generate in hotel, restaurant and shopping dollars.
So, the next time you want to jump on a Vikings fansite and spew a bunch of ignorant drivel, why not take the time to do a little actual research first, eh?
Ponder. Peterson. Percy. Purple Perfection.
by CCNorsemen on Jan 23, 2012 11:22 PM CST up reply actions 1 recs
I'm curious
What you think the interest rates are for the states portion? It seems like you’re using a much higher than realistic rate.
by Cobra312004 on Jan 24, 2012 12:26 AM CST up reply actions
welfare huh?
So, I’m a farmer and I get millions of dollars in subsidy’s each year to run my farm, I guess according to you all farmers are on welfare.
I actually am a business owner in MN, I get money from the government every year. My wife and I are very fortunate and make very very good money. Just because I get money from the government every year(I’m not talking tax returns) and I don’t have a contract or do work for the government I’m considered to be on welfare according to you.
The government will give anyone money for free if you know how to get it. Granted I would like to see my tax dollars spent on sports, education, medicine, farm/ranches, and entertainment venues instead of paying some idiot six figures to run our state and our country.
by diehardbronco2 on Jan 24, 2012 12:34 AM CST via iPhone app up reply actions
Ummm...what?
Unfortunately, you, along with a remarkable number of Minnesotans don’t understand the issue. You call it subsidizing private business and sit back with a smug smile thinking, “that’ll show ’em.” Truthfully, ed, you’re sorely mistaken. The Wilf’s will use this stadium for 8 games a season (with a poential for 2 more if the chips fall right); what do you suppose the stadium will be used for the rest of the year? And, even better, who do you think will control the decisions as to what it’s used for AND who will reap the benefit? Simple answer: NOT Zygi Wilf. He will probably get some money for parking and concessions depending on how the final deal is worked out; but, the truth of the matter is that in order for it to be considered anything other than a shared deal between the stat and the Wilfs would be a huge mistake. Sooooooo… To make a long story short, since you want Wilf to pay for the whole thing, your belief is that the Wilfs should “subsidize” the state of Minnesota, rather than share the expense of a shared stadium.This whole specious argument that this is Wilfare (hahhaha…sooooo funnny) is simply ridiculous.
When the Vikings are gone
don’t fucking bitch about your taxes going up to make up for the lost revenue the team brought in to the state. Because if you think the state politicians are going to actually cut shit from the budget, or increase taxes to make up for that $20-25 million in tax revenue a year that the Vikings are bringing in, well then you’re as obtuse as your post.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
by Ted Glover on Jan 23, 2012 10:51 PM CST up reply actions 2 recs
Pretty much, yes
The state of Minnesota is going to raise taxes regardless. If they’re not getting them from people that are working to build a Vikings’ stadium or from players playing football games in Minnesota, they’re going to get it from somewhere.
And then, the big bad Minnesota Vikings’ boogeyman isn’t going to be there for people like Ed to point the finger at. Lord only knows what he’ll whine about then.
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by Christopher Gates on Jan 23, 2012 10:55 PM CST up reply actions
The losses would be nowhere near that.
For the net losses in tax revenues to be as high as you suggest, every single dollar that’s currently spent on the Vikings would have to be spent outside the State of Minnesota. In reality, the vast majority of that money would be spend on other taxable things in the state. Perhaps going out to eat a bit more often, attending other sporting events, hunting, vacations, etc.
So, while there would be a loss, let’s try to be a bit more realistic about projections.
I saw your numbers
Your presumptions about where that money will go seem way off base.
by Cobra312004 on Jan 23, 2012 11:56 PM CST up reply actions
22%
For instance: 22% of season ticket holders are from out of state. You said that you estimate that an equal number of Minnesotans travel to other states and generate revenue for those teams.
This is a large leap. Besides the fact that 22% is near the top (if not THE top) of the league in out of state season ticket holders, Minnesota is in a unique position geographically. There are no professional football teams west of the Vikings for about 1,000 miles, which makes their user base substantially larger, geographically speaking, than almost any other team. Indeed, Iowa, North Dakota and South Dakota are largely dominated by Vikings fans. And all of those fans coming in do not have a local team that Minnesotans can reciprocate with.
Furthermore, Nielsen estimates that over 50% of televisions in Minnesota are tuned into Vikings games every Sunday. That’s one of the highest percentages in the country. If we were to extrapolate that to the general population, it would mean that Minnesota has one of the most homogeneous sports populations in the country. Which means that the revenue leaving the state to support other teams is likely far less than what we bring in from out of state.
There is probably a small number of fans that generate revenue by traveling and following the team around the country. In fact, I’ve met a few of them. But Vikings fans do not have a reputation for traveling well (like many teams do) and I can’t believe it’s a substantial number. Most of the fans at away games are transplants with roots in Minnesota.
by Cobra312004 on Jan 24, 2012 12:12 AM CST up reply actions
I don't get how it's hard to understand
That the “extra costs” will just be part of the Vikes contribution.
Also, this isn’t their last choice. They said it was workable, unlike the Farmers Market. And I don’t think they’ve commented on Shakopee.
Oh, btw
This sounds like maybe the governor saying they can’t win a fight with the Catholc church over Linden Ave.
So if the difference matters to you, save some blame for them.
On further review
The city council too. It seems one issue is whether they have the votes to sell the city land.
by amiller92 on Jan 23, 2012 10:30 PM CST up reply actions 1 recs
To be optimistic
Maybe they will come out of tomorrow with a single, agreed plan.
The whole Minnesota government can kiss the fattest part of my ass.
Bunch of lazy P’sOS
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
It's not their money
You’re free to spend your own money on things you find valuable. What’s stopping you?
Stop demanding that the government spend other people’s money to subsidize your private entertainment and an NFL franchise’s private business.
by edkohler on Jan 23, 2012 11:16 PM CST up reply actions 1 recs
And I'm free to not put up with your bullshit anymore
Adios.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
by Ted Glover on Jan 23, 2012 11:20 PM CST up reply actions 10 recs
LOL
Got Agenda?
"Believe in the system. For it shall bring light when there is dark, food when there is hunger, and shots when there are passes. This is the divine process." Yeo 4:18
by NorthernStar on Jan 23, 2012 11:22 PM CST up reply actions
If I had the money I'd help pay for it, but I don't
So I let my elected officials make my decisions. After all thats what they’re there for right? They need to take action and do something that they’ve had 15 years to do. So my statement remains. They are lazy pieces of shit.
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 11:27 PM CST up reply actions
Yes, because the state isn't involved in subsidizing other forms of entertainment or private business
by Cobra312004 on Jan 23, 2012 11:53 PM CST up reply actions
You say that like its a bad thing
I’d rather have the government investing in private business more than their give-aways and lessons of laziness(handouts that produce NOTHING). The teaching of our public to sit around and not contribute to society and get PAID for it. Say what you want, but investing into something that has a scheduled plan of repayment isn’t ever a bad thing. What is the state worried about? The Vikings going bankrupt? HA. Its the NFL. Maybe we should request our government invest more in real estate? Automobiles? How has that worked out?
White Horn Gold Pants
Mandatory drug testing
Build up your weaknesses until they become your strong points." --Knute Rockne
So let me get this straight...
Arden Hills or bust? I thought people were fans of the MINNESOTA Vikings? Who cares where they play, as long as they stay in MN, right?
"If a kid calls his grandma "Mommy" and his mama "Pam", he's going to jail!"---Chris Rock
by TSAX on Jan 23, 2012 10:53 PM CST via mobile reply actions 3 recs
we're all just nervous because if its Metrodom site or bust, then i don't think we're going to like the Vikings' response.
White Horn Gold Pants
They already said thy can make it work
There is no reason to expect that to change.
Didn't someone
offer to sell the Metrodome for $1 at one point? Seem to remember something about that.
Build up your weaknesses until they become your strong points." --Knute Rockne
Even though the Vikings would be the anchor tenant at a new stadium...
They wouldn’t own it, they would lease it. So, wouldn’t building the stadium be as much of a subsidy to the organization that actually owns and operates the facility?
For the Metrodome, that’s the Metropolitan Sports Facilities Commission. The MSFC runs 290-300 events a year at the Metrodome and, according to Governor Dayton, a new “people’s stadium” would be used in the same manner as the Metrodome is currently used.
Although there is no question that the Vikings would reap improved revenue from a new stadium, the team represents a remarkably small number of the events that would be hosted at the facility every year. If so many non-Vikings events are being held in a new stadium, then it would seem that building a new stadium is as much a subsidy in those other events as it is of the Vikings.
Life being what it is, one dreams of revenge.
- Paul Gauguin
http://www.dailynorseman.com/
But the children SG...
"Believe in the system. For it shall bring light when there is dark, food when there is hunger, and shots when there are passes. This is the divine process." Yeo 4:18
by NorthernStar on Jan 23, 2012 11:10 PM CST up reply actions
LOL Children, hmmm....
How about the high school sports championships that currently take place at the Dome and would take place at the Dome’s replacement?
Life being what it is, one dreams of revenge.
- Paul Gauguin
http://www.dailynorseman.com/
They can play outside!
When I was young we played outside, in the snow, uphill both ways! And we loved it! Damn kids!
by Cobra312004 on Jan 23, 2012 11:52 PM CST up reply actions
Get off my lawn!!
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Will you stop making sense already?
None of that matters because WILFARE and such.
Ed wants a deal just like the current deal with the Metrodome. . .with most of the money that the Vikings bring in going to the state rather than the team, just like it has for the last 30 years. Anything else is, apparently, unacceptable.
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The Daily Norseman - The greatest Vikings' site on the Internet!
"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
Follow @DailyNorsemanSB
Follow @SBNMinnesota
by Christopher Gates on Jan 23, 2012 11:11 PM CST up reply actions
BUT THE CHILDREN CHRIS!!!!!!!
"Believe in the system. For it shall bring light when there is dark, food when there is hunger, and shots when there are passes. This is the divine process." Yeo 4:18
by NorthernStar on Jan 23, 2012 11:14 PM CST up reply actions
Yes, the children!
http://www.youtube.com/watch?v=Qh2sWSVRrmo
SBNation Minnesota - For the greatest sports fans in the world.
The Daily Norseman - The greatest Vikings' site on the Internet!
"Don't do anything by half. If you love someone, love them with all your soul. When you go to work, work your ass off. When you hate someone, hate them until it hurts." - Henry Rollins
Follow @DailyNorsemanSB
Follow @SBNMinnesota
by Christopher Gates on Jan 23, 2012 11:16 PM CST up reply actions
Children?
You mean these children? Sure, seems like a sound investment…
by Cobra312004 on Jan 23, 2012 11:40 PM CST up reply actions 1 recs
Martin Jr. King?
Shit dude. What the hell happened to kids?
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 11:42 PM CST up reply actions
The internet happened
It allowed idiots to find each other and feel validated instead of working hard to better themselves.
by Cobra312004 on Jan 23, 2012 11:47 PM CST up reply actions
It wouldn't suprise me
If she turned out to be a Packer fan.
Everybody is entitled to their own opinion, it's just that your's is stupid.
www.vikescity.info
by HolySchnikes on Jan 23, 2012 11:48 PM CST up reply actions 1 recs
I hope not
I don’t want my team competing with any team that attracts people like that. For my mental health I imagine she’s never heard of sports… or outside…
by Cobra312004 on Jan 23, 2012 11:51 PM CST up reply actions
Dude, I almost threw up watching that
I must admit though, definitely gave my laptop a “diet coke shower” when she started slamming oreos in her mouth.
White Horn Gold Pants
Everyone needs to chill out
Dayton isn’t saying, “Metrodome site or move the team.” He’s saying, if you want to get a bill through the legislative session right now, then it has to be the Metrodome site. The issues with the other sites are well documented:
Arden Hills: Voter referendum kills this proposal, and the legislature isn’t going to vote to overturn it. It sucks, but the Vikes and the fans need to move on. This proposal can’t work politically.
Linden Ave: there’s a fight with the Basilica and local businesses, and there hasn’t been a site feasability study or any legwork done yet. It’s a longshot and backup plan.
Shakopee: The racino idea has some legal issues that Dayton says could take years to work through the litigation. Without that, the funding ideas don’t work. This plan is years out, and there’s no gaurantee even after waiting that long.
Metrodome Site: only issue is with TCF Stadium and revenue loss for the Vikings. And those don’t sound like deal-breaking issues, as far as the legislature is concerned. There’s very little that has to be done here.
So, give Wilf a chance to work out a deal with Minneapolis. All this stuff about Arden Hills being “ideal” and then being interested in Linden Ave. is all a political/chess move to make it look like the Vikings are accepting the short end of the stick by “accepting less” than what they wanted. For all we know, Wilf may have wanted a new stadium at the Metrodome site all along. But, the Vikings are still in Minnesota and still working out possible stadium solutions, until they aren’t. And we have heard no indications from the Vikings that they aren’t. So, as the children say, “Chill your tits.”
Ponder. Peterson. Percy. Purple Perfection.
by CCNorsemen on Jan 23, 2012 11:10 PM CST reply actions 2 recs
Correction...
the legislature isn’t going to vote to overturn it. It sucks, but the Vikes and the fans need to move on. This proposal doesn’t pad the politicians pockets…
There, fixed that one for you.
by Cobra312004 on Jan 23, 2012 11:34 PM CST up reply actions
OH christ not ed kohler
I have been going at it with this blow hard for the past 3 months on all of the pioneer/star tribe blogs regaurding the stadium.. This guy is all about “MY” money, and dont tax me.. and there are other things that will create jobs.. and now this douche has the balls to come to a pro viking blog and talk shit… what a chode…. My stance is still the same Ed.. there are no amount of jobs that will get passed by the state that will even come close to putting as big as a dent in the unemployment level that this one project will do… I have a great idea, lets keep on paying our taxes for local arts. and a light rail that I have never used. however I think the light rail, coud be useful, there for I dont bitch about taxing “MY” money.. Lets not think about the thousands of minnesotans that would be put back to work, and able to support thier families once again,… on second thought .. fuc k that,, I wont want the to tax poor me, to try to help other out…
Interesting point though
That Ed makes. Honestly, if I wasn’t getting taxed for a bunch of shit that I could care less about, I would actually have the $ to hand over to keep the Vikings in Minnesota. I would just prefer my government not spend money on people that aren’t willing to contribute.
White Horn Gold Pants
From a report requested by Congress...
… and provided to them by the Congressional Research Service. People firmly in the Wilf camp might not like it, but here it is:
Proponents argue that these stadiums’ economic benefits justify the subsidies.
Economic analysis suggests this is not the case. One study found that a new stadium
had no discernible impact on economic development in 27 of 30 metropolitan areas,
and had a negative impact in the other three areas. The reasons for this can be
illustrated with the Baltimore football stadium proposal. Economic benefits were
overstated by 236%, primarily because the reduced spending on other activities that
enables people to attend stadium events was not netted against stadium spending.
And no account was taken of losses incurred by foregoing more productive
investments. The state’s $177 million stadium investment is estimated to create 1,394
jobs at a cost of $127,000 per job. The cost per job generated by the state’s Sunny
Day Fund economic development program is estimated to be $6,250.
The Baltimore stadium is a terrible example
They were trying to attract a team.
I want to hear about the economic impact of losing a team. They have to have several of them floating around from the last two teams we lost…
by Cobra312004 on Jan 23, 2012 11:29 PM CST up reply actions
I dunno...
…. 27 out of 30 new stadiums having “no discernible impact on economic development” isn’t just a Baltimore matter. And negative impacts with three new stadiums is a pretty scary prospect considering the economic outlook facing the entire nation.
It wasn't discernible because the teams were still there
The impact wasn’t discernible because the team got a new stadium and was able to remain competitive so the economy remained steady. I want to know what happens to a city when a team leaves. How big of a gash is caused and how long does it take to recover?
by Cobra312004 on Jan 23, 2012 11:37 PM CST up reply actions
One of the points of the study...
… is that economic gain is better achieved thru means other than stadium building. Creating jobs is good, is a stadium the best means of achieving that? MNDOT has a projected $50 billion dollar funding shortfall over the next 20 years. Putting money there will help create jobs too.
But roads don't generate revenue
So all that job money is coming from state tax revenue and generating nothing but a small return on the income tax of the employees.
by Cobra312004 on Jan 23, 2012 11:49 PM CST up reply actions
If MNDOT gets...
…. their way, the roads will generate revenue. They want “mileage-based user fees” to cover the $50,000,000,000 shortfall.
Is that number 50 bajillion?
Build up your weaknesses until they become your strong points." --Knute Rockne
Both coasts have ample NFL coverage
One might argue that the 4 NFC North teams cover a vast area (with less major college coverage). I think these facts are important to to not only Minny but to the entire Midwest identity. Am I stretching it enough for you Vrooman??
Build up your weaknesses until they become your strong points." --Knute Rockne
You know, I really tire with all this anti-stadium bullshit
You conveniently leave out the construction jobs that were generated for the duration of the stadium being built. You conveniently leave out the amount of tax revenue generated by the team on a yearly basis. You conveniently leave out the fact that with a retractable roof, the stadium will generate revenue for the state on a near daily basis and attract things weill bring economic boosts to the city in the form of a Super Bowl, Final Four, etc.
The ‘no discernible impact on economic development’ looks at the city pre and post stadium being built. What would be the economic impact on the team leaving? Where will that $20 million(and I’ll go with your number for the sake of this argument) a year in tax revenue be made up?
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
Hey...
… it ain’t my study. I didn’t conveniently leave out anything. Those are words from a congressional study. If you think they didn’t look at constructions jobs and tax revenue that’s your prerogative, but that’s pretty unlikely. Look at the mess that Indianapolis is in already with their new stadium. If that doesn’t give you pause….
First off
The public funding for Lucas Oil stadium was 86% of the total cost, not 59%. So that’s hardly a comparable situation.
by Cobra312004 on Jan 23, 2012 11:44 PM CST up reply actions
60/40 is a more...
… favorable split for sure. Although we don’t know what the final numbers are, it definitely won’t be 85/15. Thankfully.
The Colts spent more on Manning's last contract
Than on their part of that stadium. I love the Vikings, but I couldn’t support that kind of crap.
by Cobra312004 on Jan 23, 2012 11:57 PM CST up reply actions
I couldn't either
Is there ANYone out there saying Minnesota should accept the same deal Indy accepted to get the Colts’ stadium? NO. That state/city accepted the dumbest deal ever. There’s no comparison. Again, if there needs to be negotiations to sort out the different revenue streams then so be it, but if the Vikings get concessions, parking, naming rights, etc then Minnesota is stupid. There needs to be a plan on how everyone gets paid back.
White Horn Gold Pants
Why are my tax dollars going to these bogus studies!?! RAWR!!!
Ed should pay for these studies himself!!!!!11
"Believe in the system. For it shall bring light when there is dark, food when there is hunger, and shots when there are passes. This is the divine process." Yeo 4:18
by NorthernStar on Jan 23, 2012 11:45 PM CST up reply actions 2 recs
Sorry...
But the economics simply don’t work out. You create a few-thousand construction jobs for a few years. The only tax revenue that can be counted as “generated” by the team is that of the player’s salaries. Any taxes created from game-day spending (tickets, parking, merchandise, etc.) is referred to as substitute spending, and it has been proven time and time again that when a franchise leaves town people simply spend their money on other forms of entertainment that also bring in tax revenue.
You cite a final four and a Super Bowl, but those have also been shown time and time again to not have anywhere near the impact they’re trumped up to. This is, of course, assuming you could even get a Super Bowl. New York City could barely get one because of the weather; do you really think Minneapolis stands a chance? And the Final Four is obviously out if we build a roofless stadium.
The $20 million in player’s salary tax revenue would not be made up; but we wouldn’t be spending upwards of $30 million in loans for stadium costs. Statiums to do not make sense economically, period. If you’d like to make an argument from entertainment value or heritage, go right ahead. Economically, you simply can’t.
Now I’m sure you’ll want to bash me as an anti-stadium Vikings hater, but that simply isn’t the case. I love the Vikings – I’ve been a fan since I understood what football was and was a season-ticket holder when I lived in MN. I just don’t equate loving the Vikings with getting on my knees for an out-of-state owner who is loosely threatening to move MY TEAM unless we all chip in hundreds of millions of dollars for a stadium that would benefit said owner more than anyone else. Its extortion, and its BS.
But
new restaurants and hotels and such that are likely to pop up can’t really be considered substitute spending- they are new entities providing new tax monies. And also because all of us that flock in from out of state aren’t coming to Minnesota if the Vikes are gone, that isn’t substitute spending either. I’ll spend my money watching the Barnstormers here in Iowa or something. I might actually have to root for the freakin’ Chiefs if they leave. And, as you allude to, the pride of just having a NFL team means more than money (to some) anyway ($16 buck a year extra someone wrote on here- I don’t know about that.). But (I’m sorry to say) many of your points are valid.
Build up your weaknesses until they become your strong points." --Knute Rockne
True...
You are correct in that we would lose some out-of-state revenue. I would argue that that would not come close to the $10 million (roughly) per-year difference in stadium loan costs and revenue.
I just wish people would argue from the perspective of pride, heritage, and entertainment value as opposed to economics. I want the Vikings to stay, but pretending that they are a huge economic boost to the state, especially that they are a boost if we have to spend upwards of $30 million per year to keep them in town, is dishonest. And moreso – its just another way for an out-of-state owner to get the best deal possible. In 2006 he offered $600 million to build a complex similar to the Arden Hills site. He is fleecing the public, plain and simple.
By the way – thanks for discussing this in a logical, polite way. Most people here are incapable of that.
That's exactly it.
Quit touting a new stadium as a slam-dunk winner for the tax payer, because it isn’t. If you want a stadium subsidised by the public even at a net loss, that is a legitimate viewpoint that is shared by many. But to say that Wilf is doing the public a favor by taking public money is just disingenuous.
This sounds great
Until you look at the market perspective. Wilf is totally in the right to threaten to move the team without public support, because the demand for the team far outweighs the supply of teams. You don’t have to like it, but that’s capitalism baby. If MN won’t publicly finance a team, someone else in the great U.S. of A. will.
As for the economics, MN will make it’s money back. It will just take 30 years to do it. So, your point is well taken, as a return on investment, stadium building isn’t a very efficient way to make a good return. BUT, if you think that a return on an investment is the only thing that should guide how public money is spent, then you’re either ignorant, or hold extreme views. Have you heard of a public roads? How about public schools? Or the police force? None of those things earn one iota of a return, yet, our tax dollars are well spent on them.
So, while the economics aren’t necessarily a slam dunk, they’re certainly better than a lot of other things we spend tax dollars on. And while sure, people will just spend their entertainment dollars on other stuff if the Vikings leave, MN will lose some tax revenue. But they will also lose one very important thing: a commodity that is in super-high demand throughout the country. This can attract businesses and people to MN and the Twin Cities. With one less cultural icon in MN, there will be a loss, both monetarily, and culturally. And THAT, is worth saving and worth spending public money on.
Ponder. Peterson. Percy. Purple Perfection.
by CCNorsemen on Jan 24, 2012 12:09 PM CST up reply actions 2 recs
Hnm
Cost up front….but what about, what said jobs create in tax revenue…say the day find build’s a damn diner for said cost 6250 per each worker…resulting in a measly 50000 in taxes back….and it cost 127000 per stadium construction worker resulting in over 20 million….you have to work out the whole problem for an answer..instead of initial value…oh X is more valuable than Y… But in the equation Y is Y^2… Squared…you dumb xxxx
by Night_Hawker5000 on Jan 24, 2012 12:37 AM CST via mobile up reply actions
well, I guess this is the end of the Minnesota Vikings
I don’t see them taking the deal of building a stadium on the Metrodome site and quite frankly, I wouldn’t blame Ziggy for not taking it either. The Vikings did everything they possibly could with arden hills. This is a huge shame. :(
by mattnmics on Jan 23, 2012 11:53 PM CST reply actions 1 recs
You don't see it
Even though they already said they can make it work?
This is a good thing...
What all the “sky-is-falling” posters on here don’t realize is that if a stadium deal passes the legislature, Goodell will not allow a relocation, period. Letting the Vikings leave (with a stadium deal to keep them in place) while St. Louis, Oakland, San Diego, and Jacksonville all still want new stadiums is simply bad business. That’s not what the NFL is about.
Not so sure about that
The NFL will let them leave eventually. Those other franchises are hurting, but the VIkes have been dicked around forever and the league won’t require infinite patience.
Misimplied
You imply that the NFL will let them leave eventually… without a new stadium. If the state/city of Minneapolis agree to funding a Metrodome overhaul, Goodell will not let the team leave.
You also assume they're leaving if something doesn't pass this session.
Don’t think that is the case.
There really couldn't be a worse time to have this hit zero hour.
The average uninformed person knows absolutely nothing but the propaganda about the issue. “Corporate Welfare” “No economic benefit” ect. Just continuous spouting of lies and propaganda.
The whole “cut spending” craze has made people blind to any positive that come from spending in the first place. It’s an incredibly selfish mindset that’s taken over all of politics about how each cent of someone’s tax dollar should go to something that directly effects them positively. That’s not how it works. People are in for a rude awakening if they don’t get with the program and do it now.
It sucks, but I think I'll still be a Vikings fan whether they're in LA or wherever?
This is different than the North Stars leaving. This has been dragged on for a decade by a shitty government that doesn’t want to deal with spending the money. They could’ve done it in better times but no, the Goofers had to have their own little stadium (and eliminate the “cheap” parking for the UofM).
You’d think the hippie liberals would want to clean up the Superfund site and make something useful of it. Wilf tried to get something done that would work. Now, again, Dayton shits on everyone.
Ugh, it is just lame. Pretty sad.
"We want to keep beating them...to break their pride and break their season...is a huge thing for us." - David Legwand
well this makes me hope
the long count is right and it all ends on winter solstice .
I like how people
Are jumping on the “No welfare for billionaires” thing again already. There isn’t even a finance plan yet, or at least it’s not available to the public. Yes, it will contain some “public” money but that doesn’t automatically mean its coming straight from peoples property taxes. It might come from some completely voluntary source, like e-pull tabs or a Racino, or something. We just don’t know yet.
didnt they figure
If they did the tax thing it’d be like 16 dollars a person or something… I’d gladly pay that to keep this team and its economical benefits here, after they played their “home” game in Detroit I read that the twin cities lost over a million dollars, on ONE WEEKEND think what we the state loses over from the time they leave till we get a new franchise IF we get a new franchise
by Lunchpail on Jan 24, 2012 2:55 AM CST via mobile up reply actions
Complete lack of leadership
So after months of negotiations we’re back to the Metrodome site because the Rector thinks it might harm the Basilica? I don’t want anything bad to happen to that church, but why the he’ll were we even talking about it then? Every sight has it’s flaws, but our governor just caves to every interest group – except the Vikings. My worst fears have Bern realized which is what I expected out of Dayton and Mondale in the first place.
Enjoy LA Vikings!!!
(not sure I saw this in any post but the state of MN is currently running a surplus of about $800M – not a deficit).
by Torstein on Jan 24, 2012 6:11 AM CST via mobile reply actions
It seems the real problem
Is the city council, which needs 9 votes to sell the city land and has too many stadium-opponent liberals to do that.
as much as i love the vikes
i kinda hope they move after this, the Wilfs have been amazingly patient thru all the bs up at the capitol, then watch the state squirm when there isnt the money that used to be
if i were zygi
i would say to the governor one of 2 things will happen. either its built in arden hills or i am leaving for LA, your move
by Dan_20 on Jan 24, 2012 7:10 AM CST reply actions 1 recs
I made my nephew a Viking fan when he was 3,
he has been a very faithful fan through the good times, and the terrible. he IS NOW 25, AND has now told me that since we are 3-13, can he pick his own team to root for, and I told him yes he can.
WELL, YA KNOW, THIS DAYTON SCREWBALL, I PROMISE YOU THIS, I AM JUST 1 PERSON, BUT IF YOU DO NOT BUILD A STADIUM IN A PLACE THAT IS NOT THE DOME, I WILL FIND A NEW TEAM TO ROOT FOR. YOU ARE A TOTAL FRICKIN LOSER
Surely Zygi is aware of what he needs to make dome site work.
It’s about the numbers. The numbers don’t work well for the Vikes under the current structure at the dome.
Clearly, any new facility there would have to provide sufficient revenue to the team or they would walk. If a new facility can provide sufficient revenues to the Vikings, they will take the deal.
While I believe the Ramsey County plan is superior to downtown, and would receive the greatest monetary contribution from the team, it is not the only workable formula.
I’m gonna trust Zygi to crunch the numbers and negotiate any anciliary benefits he needs to make it work— if at all possible.
by Lars in SLP on Jan 24, 2012 7:37 AM CST via mobile reply actions
But you're asking the Vikings to throw in another $70 million
AND play at TCF for three years, which woiuld require some upgrades. And the Gophers haven’t said yes to to the Vikes playing there, nor have they said yes to the upgrades, by the way.
I just don’t see a ‘get there from here’ unless somebody does a complete 180.
"Go hard. I mean, like relentless. I want a bunch of coaches that coach like their hair’s on fire, and I want a football team that goes for four to six seconds (per play) with relentless effort." OSU Coach Urban Meyer.
The TCF losses and upgrades
Are included in the $70 mil.
And that amount will be included in the team contribution, reducing it’s cash investment.
I don’t think getting the U to sign off will be a problem. They know where their funding comes from.
The deal with TCF is just a matter of finishing touches
That is what I read a bit back the Vikings had been in talks with TCF and had the structure of a deal in place if it became necessary.
Apparently it will be necessary.
I hate the idea of the stadium being at the Dome site I cannot imagine that they will be able to create a fan day experience with parking sufficient for tailgating, but I am willing to wait and see what the Wilfs come up with…..I trust that they will keep our desire for a great game day experience in the forefront of their plans. It is after all in their best interest.
If they and the state of Minnesota screw us on this I will be very pissed!!!
"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
Follow @justanothervike
by just another viking on Jan 24, 2012 8:34 AM CST up reply actions
But...
… one of the main reasons for Arden Hills was that fact that the team gets revenue from the stadium parking, and they also get the option to purchase surround land for development. These are not options at the Metrodome site. This is why the Vikings have not opened up on what their contribution will be towards any other site. To basically tell Wilf that it’s the Metrodome or nothing is utter rubbish! Dayton should be ashamed that he wasted money by asking all ‘viable’ sites provide detailed plans, when it obvious that there was no other option on the table other than the Metrodome. If the Vikings leave then all the anti stadium boo boys will claim that the team deserted Minnesota, that they left even though the state offered a new stadium, the truth of the matter will really be that Dayton simply dropped the ball and showed the Vikings that they were not seen as a worthwhile investment. Good luck trying to tempt another franchise to come to Minnesota…
by blowfishes on Jan 24, 2012 9:30 AM CST via mobile up reply actions
Actually, that's not true
The Strib owns 25 acres near the Metrodome and wants to sell.
Why...
Why should we be forced to drop to our knees and give Wilf the best deal possible? This stadium is about his profits, plain and simple. We are the ones going to foot over 2/3 of the bill – why should he have such a say in where it is?
by DMacAD on Jan 24, 2012 10:32 AM CST up reply actions 1 recs
Perspective from Michigan
This is my first post on DN, though I read it religiously. I just wanted to add something to the benefit of the Vikings staying in MN.
I live in Michigan’s Upper Penninsula, and have been a vikings fan since the Randy Moss and Chris Carter era. I was a wide reciever in 7th grade football at the time, and loved that pair of recievers, and stuck with the Vikings ever since. Every year I come to MN for at least 1 game, if not more. My in-laws are bears fans, so its typically that game. Usually our group is anywhere from 8-20 people depending on who can come. We all stay there for usually 3 nights in a local hotel. We eat out 2-3 times per day. We shop at Mall of America. We drink and enjoy the nightlife. And we always buy some vikings apparel. We are one group that comes for the Vikings games, and look at the shot in the arm that is given to the local economy. I even had hopes of moving to MN, but without a team I really have less interest, as odd as that may sound.
I cannot see how anyone would feel that the Vikings leaving would be beneficial. I hope to see a deal made for the benefit of the state, let alone to keep the vikings there. I see it as the Governor just doesnt want it to look like he created a deficit while in office, rather than looking at the future well being of the state. No matter how you twist it, the long term is better with the vikings in Minnesota.
Thanks for the input.
Same deal here except out of Iowa. There are A LOT of Vikings fans here!
Build up your weaknesses until they become your strong points." --Knute Rockne
Not here, unfortunately I live among Packerfans.
And not to offend anybody, I have never met a worse group of fans. My in-laws being bears fans agree. I can hold a conversation with a bears or lions fan this year without hearing a condescending voice about the best team ever.
yup yup
Cedar Rapids here, i cant believe this crock… Dayton is so full of it.
"Th_r_'s n_ h_p_ f_r _ssh_l_ f_ckw_ts."
Can I buy a vowel...?? +1, Kluwe.
by rj-b on Jan 24, 2012 8:55 AM CST via Android app up reply actions
I don't see how it's Dayton's fault
He’s not the one standing in the way of the other sites.
It would be great if he could bend everyone to his will (whatever that is), but that’s not realistic.
It seems that
Dayton is not using any political tactics to make this happen, which I feel shows his lack of support for the team. He needs to make up his mind on if he feels the vikings should have a deal soon or not and act on it. That is why he is an elected official. He is concerned about his political support rather than what he feels is in the best interest of the State. Thats just my opinion.
Chris beat me by 5 minutes
I had to do a type and run lastnight so never saw this till now. Going to take down the post I put up, but including what I wrote which is about the same plus a few thoughts of my own.
“So, it’s seem’s that what is old, is, or will be, maybe, new again. According to several sources, including yahoo, and a few snipets on the web, and via Gov. Daytons spokes person, the only way that a bill will be passed this year is that the stadium be built on the Dome site. So, for all this talk about saving money, the state is going to be willing to spend the extra money for TCF Stadium upgrades? For being hood winked into this, I don’t think the Vikings should be forced with a gun to the head to pay for a site that everyone, even the Gov., said was not ideal. What happened Gov.?
Of course, the spokes person was quoted as to saying it still wasn’t Daytons favorite site. Of course, by saying this, Dayton can take the easy way out instead of growing a pair and standing up and doing something like he said he was going too. Also, from what I’ve read, the Basilica were talking to legals heads as far as what they could do to stop a Vikings stadium from being built. So much for Daytons Sports mecca area, or whatever the actual term was.
Currently, there has been no word from Bagley regarding the Vikings reaction. I’m hoping and praying tht Wilf won’t flip the bird and say adios. Of course, there is good chance, about 99%, that the Vikings contribution will be signifacntly reduced with this outcome. What will that mean, who knows. The state idiots have been adament about having a new Dome in place of the old one, but if the Vikings decrease the contribution amount, that will signifacntly hamper a roof being put on.
Also, what does that mean about what many have been clambering about as far as parking and tailgating and other recreation before games? Now that the Vikings are being forced to rebuild on the Dome site, and given the fact that the Vikings will undoubtedly offer less, and that they have been forced into an area that many, including them, did not want to be, the State may have no choice but to allow an open air stadium. Perhaps, maybe this is what Wilf was hoping for to gain such a thing? Eh, probably not, but hell, wishful thinking? So, then next 24 hours are going to be
Hold on folks, we’re gonna be in for some chop!
"
Gentlemen! You can't fight in here, this is a war room!
They need 9 city council votes to sell the city land on Linden Ave
And there aren’t 9 available. Farmers Market has other issues, and only Minneapolis can offer local funding without new taxes.
That leaves the dome site as the only thing that can happen this year. Which shouldn’t really surprise anyone.
After November, maybe there will be fewer “tax pledge” legislators, but who knows, and who knows if the change is big enough to make a difference.
The Wilfs have a decision to make: take the dome site now, give it more time, or pack up and leave.
At least we are moving toward resolution, I guess.
by amiller92 on Jan 24, 2012 9:16 AM CST up reply actions 1 recs
All I keep hoping is
He is patient, does a one year lease like the Twins. Ove said that before I know, but hoping and praying right now.
Gentlemen! You can't fight in here, this is a war room!
by VikesFaninNM on Jan 24, 2012 9:45 AM CST up reply actions
I'd much rather
They work out a deal for the Dome site that’s acceptable to the Vikes and get this thing done this year.
Fear-Mongering 101
The reactionary, fear-mongering BS on here is amazing. This is a good thing! If the city/state pass a deal through the legislature (and this is the only deal that has a chance to pass), there is absolutely no way Goodell lets the Vikings skip town. Best-case scenario? Zygi realizes the only option is to play at the Metrodome site and sells to someone capable of running an NFL franchise.
by DMacAD on Jan 24, 2012 9:19 AM CST reply actions 1 recs
The Vikings staying in Minnesota is a very good thing
But Minnesota throwing a fuck-ton of money at a site that won’t generate as much money or create as many jobs than another, and topping it off by making us play in TCF Bank, which seats around 13,000 less people than the dome and doesn’t sell beer AND will need very expensive heating coils put underneath it, is a shit sandwich.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 9:33 AM CST up reply actions
Doesn't matter where...
Stadiums don’t make money. I’ve outlined why above, but you simply cannot make an economic argument for spending public money on a stadium. So it really doesn’t matter where.
You are completely ignorant it seems,
there’s no point in continuing this.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 9:46 AM CST up reply actions
That's funny...
I have a Masters in economics, and have actually written peer-reviewed papers on this issue. There are hundreds of pages of research on the topic – a simple Google search (I suggest Google Scholar) will provide you with plenty of information as to why public investment in sports facilities do not pay off. You are the ignorant one, it seems.
I don't need a degree, nor do I care that you have one, to know that stadiums can make money
Look further up please, and you’ll see the numbers.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 9:54 AM CST up reply actions
You're obviously not ignorant
Our own Arif Hassan wrote a very nice article and did a good deal of research on the economic impact that stadiums have on communities and states. Wish I could find that. There are feasibility studies which reach opposing conclusions.
Build up your weaknesses until they become your strong points." --Knute Rockne
After much searching
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 10:01 AM CST up reply actions
Cool cowbell! Thanks!
Build up your weaknesses until they become your strong points." --Knute Rockne
Arif Hasan ...
… also said “made a case for the stadium even if it turns out to be an economic loser.” Legit POV, but it doesn’t mean that a stadium is an economic winner.
Very true
Not every stadium has made money, but the Arden Hills site would have.*
- Based on research done by members of this site.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 10:11 AM CST up reply actions
It's kind of a windy article
which is why I didn’t read it closely the first time – a good idea would to be to write point-counterpoint articles in regards to this (which would take a little time to do it well). I’ll predict (very boldly) that the counterpoint (con) article would get heckled the most lol. – It’s hard to blame us. We love this team and talk with our hearts a lot – but I think there are a good deal of intangible pluses are being left out of the discussions.
Build up your weaknesses until they become your strong points." --Knute Rockne
I did read the Fan Post....
… and after reading it responded in a different thread with this:
You do suggest that economic benefits are more notable when building a stadium downtown rather than a suburban locale. That said, the Metrodome was supposed to revitalize the neighborhood too, but that certainly isn’t the case.
What really catches my eye is the quoted tax figures: $508MM tax revenue from all four major sports team over fifty years on $215MM public expenditure. Assuming those figures to be unbiased and accurate, that’s a return of $5.9MM/year from all four major sports teams.
Any time you need to find a fanpoist that was fantastic,
click the “most popular of all time” link after you go to the fanposts menu. If it was highly rec’d, it’ll be on there.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 10:09 AM CST up reply actions
Hmmm
That post supports the assertion that it would not be a wise economic move, the exact, “obviously ignorant” point I’ve been trying to make. It concludes by saying the only argument is one from entertainment value and heritage/pride considerations. Did you even read it?
I did, in fact. A long time ago.
The Metrodome cost $68 million, which is $161 million today. Both of those have been paid back and then some.
Like I said above, not all stadium pay off, but the Arden Hills site (with a shit ton of parking, more box seats, and more overall seating) would have. Not including the money generated by creating jobs building it, repairing roads, and building additional infrastructure around the stadium.
If we can't laugh at ourselves, Packer fans will call us crybabies and we will be forced to kick their tooth in. I really don't want to go to jail (again).
by Alittlemore_cowbell on Jan 24, 2012 10:17 AM CST up reply actions
Simply cleaning up the site is big too
as has been previously mentioned in this thread.
Build up your weaknesses until they become your strong points." --Knute Rockne
"there is absolutely no way Goodell lets the Vikings skip town."
Hope you don’t actually believe that. Betting the entirety of the Viking’s future on things like that saying, “Oh, they probably won’t move anyway.” is what got us so deep in the shit in the first place.
Misquoted...
The comment was, if a stadium deal is passed through the legislature, there is no way Goodell lets the Vikings skip town. And I challenge you to argue that point. You think he would let Zygi move if we had a deal for a stadium and Oakland, San Diego, Jacksonville, and St. Louis did not? In one of the most loyal/consistent TV markets in the NFL? That would be terrible business, and that is not what the NFL is about.
your full of crap
thats what they said about the lakers & north stars and what happened THEY LEFT!!!!!!! your logic doesnt hold water. the owners already have told the politicians here build it or else. feb 15 is the deadline and the vikings, sad to say, are GONE!!!!!!!!!
DmacAD
goodell and the owners are tired of supplementing this team every year with cash to pay its bills. why do you think this team is dead last in revenues. spend some money on a good stadium and not like they did on the metrodump. they didnt evern put air conditions or bathrooms on the suite for christ sakes. this state always like dumping money into things that DONT work and this WOULD work
The opinion of the guy in charge of building the HHH Metrodome
Some highlights:
Actually, he’s OK with it. “It has become worn and near-obsolete,” said the former executive director of the Metropolitan Sports Facilities Commission, which owns the Metrodome. But that’s because the Vikings, in comparison, are now pushing a new stadium that “is a super-opulent football Taj Mahal” that, he said, is “overpriced.”
…
The Vikings, he said, “have been allowed to co-opt the Legislature, governor and public by grabbing the initiative to dictate process, stadium design concept and cost, and the cost share that the public will contribute.” He blames the state’s politicians and public for allowing the team to convince people that the Vikings’ $425 million contribution is “generous.”
…
Poss also is frustrated with what he calls the Vikings’ implied threat to move without a new publicly funded stadium. “My generation, 30 years ago, would have told them, ’Don’t let the door hit you’ in the rear end,” he said.
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Does Poss have any final advice as the Legislature considers a Vikings subsidy package? Build the stadium somewhere in Minneapolis, he said, and “tell the Vikings what they’re going to pay, not ask them what they’re willing to pay.”
Full article here:
http://www.startribune.com/politics/statelocal/134965848.html
Thankfully
That guy is not in charge of negotiations.
Very possible that his Ruy Lopez opening might backfire!
Build up your weaknesses until they become your strong points." --Knute Rockne

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