The Minnesota Vikings have reached a preliminary agreement with Minneapolis and the state of Minnesota on a new stadium, according to a report in the Minneapolis Star Tribune.

The report, citing multiple sources who spoke Friday on condition of anonymity, said the sides agreed on the division of costs for a $975 million stadium on a site at or near the Metrodome, the Vikings' home since 1982.

Sources told the Star Tribune the city would pay $150 million in construction costs and roughly $180 million in operating costs over the next 30 years, while the state would pay $398 million and the Vikings would pay $427 million.

The sources said other details, including cost overruns, still had to be ironed out, but that an announcement was expected next week.

Driving in and out of the dome site is absolutely horrible. I WANT ARDEN HILLS.

Originally Posted by: gbguy20 

Nice to know that Minnesota politicos remain just as big morons as politicians everywhere.

Originally Posted by: Wade 

Bigger, actually. But, please delve into your opinion on such. =)

Originally Posted by: Formo 

Over half a billion of public funds, plus an annual subsidy of another 6 million or so.

Bumpety-bumpety-bumpety...that's the sound of more Minnesota roads than ever not getting fixed.

Originally Posted by: Wade 

Yeah. But to be fair, they haven't outlined WHERE exactly that money is coming from.. I'm hearing A LOT that the public money will either come from a new TC based casino, run by the White Earth tribe on a non-reservation land that will net the state 50% of it's income or from electronic pull tabs. There's also talks about the public sharing in the stadium naming rights, the increased value of the team and Wilf’s surrounding real estate development. Which, according to a St. Paul business consultant, would net the public $2 billion (returning the public money and then some)

Anyway they slice it, there are going to be people pissed off. I agree with you, though, in that the MN politics are morons.

Originally Posted by: Formo