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Gaming Revenue Projections For Vikings Stadium Funding Continue To Fall

After the state of Minnesota originally projected that “adding electronic charitable games would generate" $35M in taxes for the Vikings stadium project by the end of this year, that projection was "downgraded" to $17M in November and then reduced to $1.7M last month, according to Doug Belden of the ST. PAUL PIONEER PRESS. The new games were “expected to be installed in 2,500 sites, but they were only in about 180 by last week.” Minnesota Gov. Mark Dayton yesterday said, "The panic alarms are premature.” He added that there is “time for the games to catch on,” and there also are “two backups -- a suite tax and sports-themed lottery game -- in the stadium legislation.” Dayton: "We'll work this out. It's not about pointing fingers. Everybody acted in good faith" (ST. PAUL PIONEER PRESS, 3/27). In St. Paul, Joe Soucheray writes it was “wildly optimistic" to think that electronic gaming could provide most of the state's $348M obligation to the Vikings' $975M stadium project. The public has been "thoroughly fleeced" by Vikings Owner Zygi Wilf and "crew, who know their rubes when they see them." Unlike the Pohlad family, which owns the Twins and "actually wrote checks, I'm not sure Wilf will ever have to touch his own wallet.” Wilf is supposed “to come up with" $427M, but the “friendly ‘wink, wink’ loan and the naming rights seem to take care of that.” Soucheray: “Somebody will have to point out to me where exactly in this process does Wilf write a check” (ST. PAUL PIONEER PRESS, 3/27).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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