Vikings: New Metrodome stadium has hidden costs
- Blog Post by:
- January 10, 2012 - 11:44 AM
The Minnesota Vikings said Tuesday that building a new stadium at the Metrodome, when including the costs of playing three seasons at the University of Minnesota during construction, would add $67 million to the project’s cost.
In a letter to Minneapolis city officials, Vikings president Mark Wilf said that any price tag for building a new stadium at the team’s longtime Metrodome home in downtown Minneapolis needs to include the costs of playing elsewhere for three seasons.City officials, who prefer a new stadium at the Metrodome location, have estimated the price tag at $895 million.
But Wilf said that the university’s TCF Bank Stadium’s “limitations” would cost the team $12.3 million in revenue annually. He also said TCF Bank Stadium needs an estimated $11 million in upgrades to host National Football League games, and added that another $19 million is needed to acquire and build additional parking.
“The $67 million in costs identified above brings the total costs to build at the Metrodome site to $962 million,” wrote Wilf. The team, he added, was also concerned “about the significant disruptions to our football team, our fans and our sponsors and partners.”
John Stiles, a spokesman for Minneapolis Mayor R.T. Rybak, said Tuesday that the city understood the team's concerns. "They've raised legitimate concerns and we're taking them into consideration," said Stiles.
The Vikings' letter: Rybak Johnson Letter 1-9-12
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