Avaya-Earthquakes Deal Worth $20M Renovated Citrus Bowl Open For Business Mavericks Installing High-Tech Camera System Facility Notes Mets Will Move In Citi Field Fences Bucks, UWM Meet About Future Of Panther Arena No Practice HQ Imminent For Mavs Mayor-Elect To Re-Work DC United Stadium Deal Univ. of Hawaii Proposes Naming-Rights Sales Sources: Krafts Planning Boston Soccer Stadium
SBD/Issue 2/Facilities & Venues
Vikings Hope To Take Page From Colts' Book On Stadium Financing
Published September 15, 2008
|Vikings Hoping To Use Hospitality Taxes To
Help Finance New Stadium In Minneapolis
OUTSIDE OPINION: Colts Owner Jim Irsay said of the Vikings' stadium need, "The key is, it is urgent. They simply can't remain in this facility. It's not possible." Irsay said that the Colts "ultimately were able to generate support for their new stadium because of local and state leaders' ability to recognize the importance of the team's presence as well as the new stadium, which, with a retractable roof, can host a number of major events." Irsay added, "You have to understand. If you're a mayor or governor of a city or state, you don't do this because, 'Oh, I like the Wilfs. Or I just like football.' That's not what it's about. The public-private partnership is about a win-win situation." Irsay added, "The Wilfs can't put $600[M] into a stadium. That's never going to happen. You'd never make it back in five lifetimes" (ST. PAUL PIONEER PRESS, 9/15).