Zero2Cool
11 years ago

ESPN's Adam Schefter makes two important points in this video report on Minnesota Vikings owner Zygi Wilf, whose family is on the losing end of a 21-year legal fight with former partners in a real estate venture. Both points draw important distinctions between this case and the one involving current Cleveland Browns owner Jimmy Haslam. First, the case was based on civil rather than criminal law. Second, its duration means the NFL was fully aware of it when the Wilfs bought a controlling interest in the franchise in 2005.

Kevin Seifert  wrote:


UserPostedImage
Wade
  • Wade
  • Veteran Member
11 years ago
I venture there's not a billionaire in the world who hasn't been involved in major civil litigation more than once. It goes with the territory.

And, IMO, you don't make/keep billions without occasionally being "in the wrong" for such cases.

If the owners disciplined Wilf for his, the only team not disciplined would be the Packers. And (maybe) the Raiders, since their current ownership is relatively new to a good chunk of its wealth.
And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)
Pack93z
11 years ago

Like I mentioned in the shout the other day, the relatively quiet training camp for the Vikes might get a bit more noisy with this coming to light.

It may or may not negatively affect the team on the field... but it certainly will not help them either.

Distractions.

The NFL doesn’t plan to take action in the wake of the civil fraud verdict against Vikings owners Zygi and Mark Wilf. But Minnesota governor Mark Dayton apparently will.

According to KSTP-TV, Dayton is “deeply concerned” about a New Jersey judge’s findings of fraud committed by the Wilfs in a business transaction. The 21-year-old lawsuit arose from allegedly inaccurate financial accounting in connection with a partnership that built and maintained an apartment complex in New Jersey.

In the wake of the ruling, Dayton has urged a final review of the Vikings stadium deal to ensure that there was no fraud or other inappropriate business dealings.

“I would urge the [Stadium Authority] to have its legal counsel assure them and the people of Minnesota that all the representations made by the team and its owners are truthful and accurate,” Dayton said.

PFTalk  wrote:


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
Florio begging for clicks again.

Dayton is concerned, and honestly it's not unwarranted. But there's not a whole lot he can do about it. Vikings have already commented saying that their funds for the deal will be 100% guaranteed. Thus, no need to worry. I don't blame Dayton and others to be diligent on this, but this is hardly a blip. Unless something comes to light that NO ONE knows about, this will be all but forgotten by the 2nd week of the season.
UserPostedImage
Thanks to TheViking88 for the sig!!
Formo
11 years ago

Like I mentioned in the shout the other day, the relatively quiet training camp for the Vikes might get a bit more noisy with this coming to light.

It may or may not negatively affect the team on the field... but it certainly will not help them either.

Distractions.

Originally Posted by: Pack93z 



In my estimation, that this is the ONLY non-football related news coming out of TC for the Vikings is a great sign. I don't think this'll affect the team on-field in any way. I agree that it doesn't help.. but that's the nature of the beast.
UserPostedImage
Thanks to TheViking88 for the sig!!
Pack93z
11 years ago
Still more muted drama for the Vikings.. again, probably has no effect on field this season.. if ever. But.....  

Vikings stadium faces final, unexpected hurdle 

Posted by Mike Florio on August 12, 2013, 11:39 PM EDT

Last week’s civil verdict against Vikings owners Zygi and Mark Wilf initially attracted attention because it flowed from a 21-year-old lawsuit. Ultimately, it could make it harder for the Vikings to escape their 31-year-old home.

Given that the litigation arose from allegedly inappropriate business practices committed by the Wilfs in an unrelated context, Governor Mark Dayton has urged the Metropolitan Sports Facilities Authority to make one final review of the stadium deal, to ensure that no chicanery occurred in the negotiations. And that’s precisely what the MSFA’s board is doing.

“Everybody is on high alert that this is going to be looked at under a fine microscope,” member Duane Benson said, via the Minneapolis Star Tribune. “The governor is not going to, nor are we going to, treat this lightly. A lot of legislators will be watching this very closely, as well we should.”

Technically, the stadium deal isn’t finalized. If a fine-toothed comb reveals issues or potential misrepresentations or other evidence of underhanded business practices, the agreement could potentially implode.

If actual or apparent proof of misconduct appears, it would indeed be proper to ask questions and to resolve any issues that arise. It would be improper, however, for the powers-that-be to use an unrelated lawsuit as cover to squeeze the Wilfs into reconfiguring a bargain about which some politicians may be having remorse.


"The oranges are dry; the apples are mealy; and the papayas... I don't know what's going on with the papayas!"
wpr
  • wpr
  • Preferred Member
11 years ago
That would be funny in a sick and twisted sort of way if they stadium deal comes tumbling down. Personally I don't like the idea of another downtown stadium but I don't get a voice int he matter. My vote is for the unused land in St Paul. It will have to be cleaned up first and the infrastructure built I can't see anyone else using the land for a major project anytime soon.
UserPostedImage
Formo
11 years ago
Florio reaching for clicks again.
UserPostedImage
Thanks to TheViking88 for the sig!!
wpr
  • wpr
  • Preferred Member
11 years ago

Florio reaching for clicks again.

Originally Posted by: Formo 



maybe so but doesn't make it untrue.
UserPostedImage
Formo
11 years ago

maybe so but doesn't make it untrue.

Originally Posted by: wpr 



Stretching or leaving out details of the truth does not equal untruth, no. But doesn't make it truth, either.
UserPostedImage
Thanks to TheViking88 for the sig!!
Fan Shout
Zero2Cool (6h) : He probably plays DB.
Zero2Cool (6h) : I don't even know who that Don is
packerfanoutwest (6h) : What position does Lemon play ?
dfosterf (7h) : I read this am that Don Lemon quit x, so there's that
Zero2Cool (13-Nov) : Seems some are flocking to BlueSky and leaving Tweeter. I wonder if BlueSky allows embeded lists
beast (12-Nov) : He's a review guy
Zero2Cool (12-Nov) : Jordy Nelson is still in the NFL.
Zero2Cool (11-Nov) : Ok, will do.
wpr (11-Nov) : Kevin, donate it to a local food pantry or whatever she wants to do with it. Thanks
wpr (11-Nov) : Kevin,
Zero2Cool (11-Nov) : Wayne, got your girl scout order.
dfosterf (11-Nov) : I believe Zero was being sarcastic
dfosterf (11-Nov) : Due to that rookie kicker Jake Bates that Zero said "he didn't want anyway". 58 yarder to tie the game, 52 yarder to win it. In fairness,
Mucky Tundra (11-Nov) : Lions escape with a win
Mucky Tundra (11-Nov) : and now Goff looking better
Mucky Tundra (11-Nov) : Goff with ANOTHER INT
Mucky Tundra (11-Nov) : and now Stroud throwing INTs
Mucky Tundra (11-Nov) : Goff having an ATROCIOUS game
wpr (11-Nov) : Happy birthday Corps. Ever faithful. Thanks dfosterf.
Mucky Tundra (10-Nov) : stiff armed by Baker Mayfield for about 5-7 yards and still managed to get a pass off
Mucky Tundra (10-Nov) : Nick Bosa
wpr (8-Nov) : Jets are Packers (L)East
Zero2Cool (8-Nov) : Jets released K Riley Patterson and signed K Anders Carlson to the practice squad.
wpr (8-Nov) : Thanks guys
Mucky Tundra (7-Nov) : Happy Birthday wpr!
Zero2Cool (7-Nov) : Anders Carlson ... released by 49ers
dfosterf (7-Nov) : Happy Birthday!😊😊😊
wpr (7-Nov) : Thanks Kevin.
Zero2Cool (7-Nov) : Happy Birthday, Wayne! 🎉🎂🥳
beast (7-Nov) : Edge Rushers is the same... it's not the 4-3 vs 3-4 change, it's the Hafley's version of the 4-3... as all 32 teams are actually 4-2
Zero2Cool (6-Nov) : OLB to DE and player requests trade. Yet folks say they are same.
beast (5-Nov) : In other news, the Green Bay Packers have signed Zero2Cool to update their website 😋 jk
beast (5-Nov) : Might just re-sign the kicker we got
beast (5-Nov) : Are there any kickers worth drafting next year?
Zero2Cool (5-Nov) : Preston Smith for Malik Willis
Mucky Tundra (5-Nov) : Getting a 7th rounder from the Stillers
Zero2Cool (5-Nov) : At least we get 7th round pick now!! HELLO NEW KICKER
Mucky Tundra (5-Nov) : Steelers getting a premier lockdown corner!
Zero2Cool (5-Nov) : Packers are trading edge rusher Preston Smith to the Pittsburgh Steelers, per sources.
Mucky Tundra (5-Nov) : Preston Smith traded to the Steelers!!!!
Zero2Cool (5-Nov) : CB Marshon Lattimore to Commanders
Zero2Cool (5-Nov) : Bears are sending RB Khalil Herbert to the Bengals, per sources.
Zero2Cool (5-Nov) : ZaDarius Smith continues his "north" tour.
Zero2Cool (5-Nov) : Let the Chiefs trade a 5th for him
Zero2Cool (5-Nov) : Nearing 30, large contract, nope.
Martha Careful (5-Nov) : any interest in Marshon Lattimore?
Zero2Cool (4-Nov) : What does NFL do if they're over cap?
Mucky Tundra (4-Nov) : They've been able to constantly push it out through extensions, void years etc but they're in the hole by 72 million next year I believe
hardrocker950 (4-Nov) : Seems the Saints are always in cap hell
Mucky Tundra (4-Nov) : Saints HC job is not an envious one; gonna be in cap hell for 3 years
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 @ 12:00 PM
Vikings
Saturday, Jan 4 @ 11:00 PM
BEARS
Recent Topics
11m / Green Bay Packers Talk / Mucky Tundra

23h / Around The NFL / Mucky Tundra

13-Nov / Green Bay Packers Talk / beast

12-Nov / Featured Content / Zero2Cool

11-Nov / Green Bay Packers Talk / beast

11-Nov / Green Bay Packers Talk / bboystyle

9-Nov / Green Bay Packers Talk / joepacker

8-Nov / Green Bay Packers Talk / buckeyepackfan

6-Nov / Green Bay Packers Talk / Zero2Cool

6-Nov / Green Bay Packers Talk / Zero2Cool

5-Nov / Green Bay Packers Talk / Mucky Tundra

5-Nov / Green Bay Packers Talk / Zero2Cool

5-Nov / Featured Content / Zero2Cool

5-Nov / GameDay Threads / Cheesey

5-Nov / Green Bay Packers Talk / Martha Careful

Headlines
Copyright © 2006 - 2024 PackersHome.com™. All Rights Reserved.