Archived Story

Stadium funding necessary

Published 11:09am Thursday, May 12, 2011

It would be easy to oppose the proposal to provide $300 million in bonding for a new Vikings stadium. After all, the state has a $5 billion budget deficit, and multi-millionaire owners should pay for their own stadium.

However, provided the debt service can be financed with a source of revenue other than the general fund, we join Rep. Bud Nornes in support of public bonding for a Vikings’ stadium.

We oppose using state income taxes to pay for the stadium. But if the funding should come from those who enjoy and benefit from the Vikings — taxes on Vikings memorabilia, hotel and parking fees, and a state lottery game have been mentioned as possibilities — public funding would be acceptable.

No question that a football stadium should be a low priority. And it would be ideal if owner Zigi Wilf would either agree to stay in the Metrodome or pay the entire stadium tab if the Legislature refuses to participate.

But the reality is, the Vikings’ lease with the Metrodome ends after the upcoming season. And if the Legislature doesn’t provide public funding, Wilf would likely sell the team to a group or individual that would move it. Public and private groups in Los Angeles, a much larger market without a professional football team, is already building a new stadium, and would love the Vikings to move there.

The Vikings are too important of an asset to lose. We have already built stadiums using public funds for the Gophers and Twins. We need to get a Vikings stadium built as well.

Editor's Picks

$53.8M referendum set for Perham school: Proposal would cover new high school, facility improvements

Voters in the Perham-Dent school district have a month-and-a-half to decide if they want to approve a $53.8 million project which would fund a new ... Read more

2 from FF involved in 3-car accident

Four people, including two from Fergus Falls, were involved in a three-car crash Monday. A Fort Ripley woman driving a red Dodge Stratus reportedly ran ... Read more

Capitol building restoration to run $30 million higher

The extensive renovation of the Minnesota Capitol is $30 million over budget, state officials revealed Friday. That number surprised members of the Capitol Preservation Board, ... Read more

Otter back after brain injury: Baseball player told return was unlikely

Most seniors stepping up to home plate at the start of their final season will have done so many times before. Not the Otters’ Steven ... Read more