Dayton encouraged by early report on Vikings owners' finances but...
September 5, 2013 — 10:22pm
Gov. Mark Dayton said he was encouraged by the early word that the Minnesota Vikings owners had the finances to pay for their portion of the new football stadium in Minneapolis but was not satisfied yet.
"Based on what (Minnesota Sports Facilities Authority) chair (Michele) Kelm-Helgen said yesterday that's certainly encouraging but I want to reserve my final comment until I see the final analysis," Dayton said on Thursday. The final report may come as early as next week.
Minnesota Vikings fans waiting this spring for the unveiling of the design for the new stadium
The Star Tribune reported today that Kelm-Helgen said that even if a civil judgment in New Jersey turns against Vikings owners Mark and Zygi Wilf the team still appears to have the capacity to pay its share. Last year, the state and the city of Minneapolis agreed to pay $498 million for a new football stadium and the Vikings and the NFL agreed to pay $477 million with the team responsible for $277 million of that.
Dayton began expressing serious concern about the Wilfs business wherewithal last month after a New Jersey civil court judge ruled the they had violated civil racketeering laws in connection with a real estate deal. The governor said he wanted an "absolute, airtight guarantee" that the team owners had the power to pay for their portion.
While Kelm-Helgen said she spoke to Mark Wilf about the next steps on Wednesday, Dayton and the Wilfs have not spoken at all even as the storm of attention surrounded the stadium deal, the governor said.
"I have not talked to Wilfs since all of this began," he said Thursday.
Minnesota Vikings owners Mark and Zygi Wilf have more than enough money to pay for their share of their team's new stadium, even if a New Jersey judge orders them to pay hefty punitive damages in a bitter real estate case, a top stadium official said Friday.