Business execs team up to shape stadium choice

  • Article by: DAVID PHELPS , Star Tribune
  • Updated: May 17, 2011 - 9:58 AM

Jac Sperling, who helped bring the Wild to St. Paul, will lobby for the group.

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tobyg32May. 16, 11 9:53 PM

I wish you could talk some sense into all of the Non- supporters, they think the Vikings are a drain, but they don't realize how much money the team puts back into the Minnesota economy, also taxes they have to pay. The list goes on and on. The Minnesota Vikings also do a tremendous amount of volunteer work for this community. We wanted them to come here in 1961, so don't try and drive them out now! They have waited there turn, and it has been a LONG WAIT while they watched the Twins and Gophers get new state of the art facilities. And they supported them the whole way along... PLEASE lets get this done Minnesotans.

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birchtreeMay. 16, 1110:06 PM

Business execs, including Wilf, are always complaining about government interference in their affairs. But they are the first ones in line with their hands out for government money when they want to expand or move. Let the free market work - without government charity.

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justthetruthMay. 16, 1110:49 PM

It would be nice if these business execs would figure out a way to hire more people or provide funds to help retrain those rejected by this economy rather than support a fellow millionaire.

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paulpalin12May. 16, 1111:08 PM

If the Vikings and the business community are so interconnected, then let the 20 Fortune 500 companies in the Twin Cities pony up $5 million each. Then the other companies can also pony up, each according to their ability to pay. With all that dough, the Wilfs should be able to build a Taj Mahal similar to the Jerry Jones' "Palace in Dallas".

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rfasthorseMay. 16, 1111:08 PM

When these "top execs" pay for the stadium, they can decide where and when it's built. Quit hiring consultants and write a check to Ziggy that, like the tax payer, doesn't get you something in return. It's $1 billion dollars! For a game! Minneapolis isn't your personal Monopoly board where you can tear things down at a whim. Minneapolis, and Ramsey County, belong to the citizens.

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Rhino_TMay. 16, 1111:16 PM

The Vikings have already made their choice... Arden Hills. Don't these people read the paper, watch TV or listen to the radio news? Seems to me efforts are being made to make the Arden Hills look bad with inflated roadwork numbers and efforts are being made to make the Minneapolis proposal look better than it is. I noticed the value of the 20-acre Metrodome site is given no value in the Minneapolis proposal as a project cost or as a public contribution. I think it should add $50 million to the project's cost and $50 million to the public's contribution. The Arden Hills proposal only takes credit for a $15 million land value transfer when the Metrodome property is sold. $30 million in Bloomington stadium land sale proceeds went to paying off the Metrodome debt and adding to the stadium commission's cash reserves. I believe at least $40 million will eventually transfer to the Arden Hills stadium's sports authority. Those changes will go a long way towards equaling the real cost of the two stadium proposals.

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Tinye67May. 16, 1111:22 PM

The logic many of you spew in your posts highlights why you're not an exec at one of these companies.

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aladdinsaneMay. 16, 1111:44 PM

@Tinye67. Ok, let these execs, who have contributed a grand total of $200,000-$250,000 of their outsized coffers, quantify the value of the Vikings to their operations. How many would-be hires do they think they'd lose if the state had only the Twins, Wild, Timberwolves and UMN Division I football, basketball and hockey teams to entertain them.

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halfabubbleMay. 17, 1112:10 AM

Devil is in the details... how do you like these details: http://www.co.ramsey.mn.us/NR/rdonlyres/1333C8CA-3ABE-4A94-AB50-A6795634DBAA/23595/TermSheet51011.pdf Check out Page 7, under V. Stadium Operations :All revenues (net of generally applicable taxes, fees, etc.) derived from the operations of the Stadium and parking facilities including signage, naming rights, etc. shall belong to the Team. AND... The County shall contribute $1.5 million annually to offset annual operating expenses associated with the operation of the Stadium (indexed to inflation). Who are the idiots who agreed to this? If Ramsey County was a business, the CEO should get fired.

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nitewindMay. 17, 11 5:34 AM

"How about a surtax on corporate profits to fund it?" said Arthur Rolnick.."-------I like that idea. You want a tax? There's your tax.

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