Pack93z
  • Pack93z
  • Select Member Topic Starter
11 years ago
I am sure that this is just a misunderstanding.. lol.

The owners of the Minnesota Vikings were ordered to pay nearly $85 million in damages to former business partners they defrauded with "evil motive", and will face a criminal investigation into their actions, which a judge declared violated racketeering laws. There's a chance this ruling could hold up plans for a new Vikings stadium.

Zygi Wilf, the majority owner of the team, and his brother Mark and cousin Leonard were found liable for fraud, breach of contract, and breach of fiduciary duty, for their roles in scamming former partners out of the profits of a New Jersey apartment complex. The Wilfs withheld revenues and charged unauthorized fees and interest payments for decades. "Organized crime-type activities," the judge called them, finding they violated the state's RICO act.

"Zygi and his father decided...that the Reichmanns had gotten too good a deal," Superior Court Judge Deanne Wilson declared. "And so they were just simply not going to honor it."

Yesterday, the judge ruled on damages. The Wilfs must pay a whopping $84.5 million, including $36.8 million in punitive damages. Under New Jersey law, the case will now be sent to the county prosecutor and state attorney general for a criminal investigation.

More... 

DeadSpin  wrote:


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Pack93z
  • Pack93z
  • Select Member Topic Starter
11 years ago
One of the judges statements:


"I do not believe I have seen one single financial statement that is true and accurate."


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Pack93z
  • Pack93z
  • Select Member Topic Starter
11 years ago
More... I kinda feel for the true purple Viking fans.. they seem to get the shaft over and over.

Even if the Wilfs are good for it, it's bad news for a stadium deal that went sour almost immediately. Minnesota promised taxpayers wouldn't feel the brunt of the state's contributions because they would come from the proceeds of electronic gambling machines, which were projected to haul in $35 million over the first year. They earned the state $0, and some politicians are demanding an investigation .



Here is a segment of that article on the would be investigation...


A state senator and ardent critic of the public financing plan for the new Vikings stadium wants Minnesota lawmakers to investigate failed revenue projections for the project.

The state's $348 million piece of the $975 million stadium project in downtown Minneapolis was to be driven by increased tax revenue from the new, electronic forms of pull-tabs and bingo. Current projections show the electronic games will bring in $1.7 million by the end of 2013 -- just 5 percent of the original estimates.

Sen. Sean Nienow, R-Cambridge, wrote a letter to Sen. Dick Cohen, DFL-St. Paul, the chairman of the Senate Finance Committee, asking for hearings on the matter.

"I was skeptical from the beginning on Governor Dayton's estimates of money that would be generated from electronic pull-tabs. Now we're seeing his estimates are completely off, not even remotely close," Nienow wrote.

The stadium financing package was passed last year with bipartisan support. Republicans were in control of both the House and the Senate at the time, and DFL Gov. Mark Dayton signed it into law.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Cheesey
11 years ago
This in from "Cheesey News".........

"The Wilfs, in an attempt to end the conflict with their ex-business partners, agreed to give complete ownership of the Minnesota Vikings to the ex-partners.
The ex-partners said "NO WAY!!!! We want something of VALUE!"
[grin1]

Fan Shout
Zero2Cool (3h) : The winners page that is
Zero2Cool (3h) : I was not hoping for that. It messes up the page lol
beast (4h) : Thank you, and I was really opening we were going to get 4 or more tied for the top 3.
beast (4h) : Thank you, and I was really opening we were going to get 4 or more tied for the top 3.
beast (4h) : Thank you, and I was really opening we were going to get 4 or more tied for the top 3
Zero2Cool (4h) : congrats beast on 2024 !
Zero2Cool (4h) : congrats porky on winning 2023 pick'em! (oops sorry)
Zero2Cool (5h) : Packers have $60M+ of 2025 cap space on paper TODAY.
Mucky Tundra (15h) : Missed FG into a Lions TD; that'll do pig, that'll do
Mucky Tundra (15h) : That might be it for the Vikings
Mucky Tundra (16h) : Oh so the refs do know what intentional grounding is
Mucky Tundra (16h) : what the hell was that Goff?! Not much pressure and he just air mails it to Harrison
Mucky Tundra (16h) : They really need to to get rid of the auto first down for illegal contact
Martha Careful (16h) : watching the Vikings and Lions it's understandable why they swept the Packers. So much better product
Mucky Tundra (17h) : Even when GB got pressure he was throwing darts; vs no pressure on that last pass he just air mails an open guy
Zero2Cool (17h) : didn't have guys in his face ... pressure makes difference
Mucky Tundra (17h) : Where was this Darnold vs GB?
Mucky Tundra (17h) : BALL DON'T LIE
Mucky Tundra (17h) : how was that not a safety? Goff throws it at an offensive lineman
Mucky Tundra (18h) : Zero, I thought that was a given! ;)
Mucky Tundra (18h) : Zero I looked through earlier and noticed the same thing. Bonkers year. I just wonder if beast put any money on games
Zero2Cool (18h) : I'm hoping for BLOODBATH. Pummel one another.
Zero2Cool (18h) : 8 people in pick'em would have won any year with their total lol
Mucky Tundra (18h) : I'm rooting for the Lions to lose.
Mucky Tundra (18h) : God help me but I'm rooting for the Vikings to...Vikings to...Christ I can't say it
Zero2Cool (19h) : 4 td for Rodgers
Zero2Cool (19h) : Chiefs got shutout
Zero2Cool (19h) : Rodgers passes for 3rd TD. might be last game of an amazing career
Mucky Tundra (20h) : "The best laid plans of mice and men often go awry."
Zero2Cool (20h) : Owner ... love it
Zero2Cool (20h) : Mayo was the guy they groomed for HC and one of the reasons they let Bill go.
Mucky Tundra (21h) : Pats have the #4 pick, lots of cap space and Maye at QB; should fetch some attention
Mucky Tundra (21h) : Well that didn't take long; Jerod Mayo out as Patriots HC
Zero2Cool (21h) : I would expect it to be higher in favor of Eagles
Mucky Tundra (21h) : Thst line seems...generous
Zero2Cool (21h) : Eagles -3.5 over Packers in Wildcard Round
Mucky Tundra (22h) : Did it though? Pokes beat the Commanders on the road with Cooper Rush previously
Zero2Cool (5-Jan) : That gives them their best chance
Mucky Tundra (5-Jan) : Cowboys starting Trey Lance at QB vs Commanders; GB vs Philly in the Wild Card incoming!
Mucky Tundra (4-Jan) : Stinks for Lloyd. Hoping he comes back strong for next year
Zero2Cool (3-Jan) : Packers placed Marshawn Lloyd on reserve non-football illness list
Zero2Cool (3-Jan) : Luke Getsy been helping Packers defense. He's former OC Bears/Raiders and our old QB coach
beast (2-Jan) : Thanks dfosterf, I'm still kicking myself for last week, as I forgot to change to pick Vikings and Lions... after putting in a holding spot.
Zero2Cool (2-Jan) : First alternate: Elgton Jenkins Other alternates: Jordan Love, Kenny Clark, Keisean Nixon, Tucker Kraft, Josh Myers, Jaire Alexander
Zero2Cool (2-Jan) : Pro Bowl still a thing? Guess Packers have three. Jacobs, Gary, McKinney.
dfosterf (2-Jan) : It's a mine field with all the players sitting, etc
dfosterf (2-Jan) : There was quite a bit of "chalk" matchups this year it seemed, but not this week coming up
Zero2Cool (2-Jan) : Or we got better and by we I mean everyone except me
Zero2Cool (2-Jan) : We have about six that by percent would have won nearly any season. I guess 2024 was predictable 🤷
Zero2Cool (2-Jan) : You can check previous seasons. I quick did it and don't think anyone hit 70% before
Please sign in to use Fan Shout
2024 Packers Schedule
Friday, Sep 6 @ 7:15 PM
Eagles
Sunday, Sep 15 @ 12:00 PM
COLTS
Sunday, Sep 22 @ 12:00 PM
Titans
Sunday, Sep 29 @ 12:00 PM
VIKINGS
Sunday, Oct 6 @ 3:25 PM
Rams
Sunday, Oct 13 @ 12:00 PM
CARDINALS
Sunday, Oct 20 @ 12:00 PM
TEXANS
Sunday, Oct 27 @ 12:00 PM
Jaguars
Sunday, Nov 3 @ 3:25 PM
LIONS
Sunday, Nov 17 @ 12:00 PM
Bears
Sunday, Nov 24 @ 3:25 PM
49ERS
Thursday, Nov 28 @ 7:20 PM
DOLPHINS
Thursday, Dec 5 @ 7:15 PM
Lions
Sunday, Dec 15 @ 7:20 PM
Seahawks
Monday, Dec 23 @ 7:15 PM
SAINTS
Sunday, Dec 29 @ 3:25 PM
Vikings
Sunday, Jan 5 @ 12:00 PM
BEARS
Recent Topics
1h / Green Bay Packers Talk / go.pack.go.

1h / Green Bay Packers Talk / go.pack.go.

4h / Green Bay Packers Talk / beast

4h / Fantasy Sports Talk / Zero2Cool

4h / Fantasy Sports Talk / Zero2Cool

5h / Green Bay Packers Talk / Zero2Cool

6h / Featured Content / Zero2Cool

6h / Green Bay Packers Talk / bboystyle

19h / Green Bay Packers Talk / Zero2Cool

20h / Green Bay Packers Talk / Zero2Cool

23h / Green Bay Packers Talk / buckeyepackfan

3-Jan / Green Bay Packers Talk / bboystyle

3-Jan / Around The NFL / Zero2Cool

2-Jan / GameDay Threads / Zero2Cool

2-Jan / Green Bay Packers Talk / Martha Careful

Headlines
Copyright © 2006 - 2025 PackersHome.com™. All Rights Reserved.