The stadium issue is getting very old I know. However, unless I have lost my mind completely didn't the White Earth Band offer to build a Casino on the Arden Hills site as well. In reading through the news article this sounds like the same proposal as the last one they made. If the state is going to accept this as a viable method to pay for the Stadium then I say move the Viking to the site they prefer and are willing to put up the most money to acquire. The White Earth Band is offering 50% of 300 million annual profits (150 Million a year) plus the state will take in and extra 10 million in new taxes. There is 160 million of the states estimated share of 340 million. Nearly half from one funding source.
As I see the financing for Arden Hills site Vikings would pay 425 mil, the NFL would contribute 200 mil, the state of minnesota would contribute 340 mil,and the city of Minneapolis would contribute 300 mil. The simple math Vikes 425m + NFL 200m=625 + Mn State 340=965+ Mpls 300=1.265 billion. Money is there lets get the job done and put people in Minnesota back to work and lock the Minnesota Vikings in the state until the next Millennium. This would be a MULTI USE STADIUM, concerts, and other events could be held there. Not to mention Ziggy has indicated on more than one occasion he would like to bring MLS Soccer to Minnesota and provide even more revenue to pay for the stadium. MLS average attendance is 12 -16000 per game and the average ticket price is 22.67. That is a minimum income of nearly 4 Million in just ticket sales. When you factor in the hotels, and other venues that will benefit. These figures are based on 2007 ticket sales.
Let's get this done already. People need work and the Vikes need a home.
Until next time....
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