As others see it: Stadium deal works
The biggest win for Minnesota in the Vikings stadium deal is that it finally got done.
Minnesota will have a professional football team for the next 30 years playing in a first-class stadium. And as one legislator said, if you don't gamble in bars or go to a game, the new stadium will cost you nothing.
Whether you believe the jobs brought by the stadium will amount to significant economic development or not, one cannot ignore the impact of a construction project that will be one of the biggest in state history. ...
The final Vikings stadium bill came out to be even a little more than fans and taxpayers could have hoped for. ...
There was a local partner in the city of Minneapolis. There were no general tax increases. There is no general fund money being diverted from other programs and there is a roof on the stadium so it can be used for other events that will serve Minnesotans.
The legislators were able to get the team to up the ante by contributing $50 million more than they had planned. The Vikings are still certainly not a charitable organization and will get help from the NFL for its share. Naming rights will bring a hefty sum for the team as well. ..
If the Wilfs sell the team, the state gets anywhere from 10 percent to 25 percent of the selling price. The team will be locked in for 30 years, and it will be required to keep the team name, the team colors and team logos and trademarks.
Overall, Minnesotans are winners with this Vikings stadium deal.
The Free Press of Mankato