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Continued: Vikings stadium rests on his shoulders

  • Article by: RICHARD MERYHEW , Star Tribune
  • Last update: May 10, 2013 - 4:55 PM
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It’s why he worked 15-hour days for weeks preparing Mortenson’s sales pitch to the Vikings and Minnesota Sports Facilities Authority, which made the hire. And it’s why Mortenson’s fee was so competitive — $12.5 million, or about 1.7 percent of the construction cost in an industry where the norm is 2 to 3 percent. The firm could earn as much as $15 million if it finishes the work early, but also agreed to take a $5 million per NFL game hit if the stadium isn’t finished on time.

“He was determined,” said his wife, Betsy Wood. “It’s the biggest project Mortenson has done. It’s the biggest project in the state of Minnesota. He wanted it for his kids, he wanted it for his legacy. And he wanted it for the state of Minnesota. They all did.”

Richard Meryhew • 612-673-4425

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  • Mortenson Construction’s John Wood has called the shots for dozens of sports venues nationwide.

  • “In many ways, it’s the project I’ve spent my 37-year career prepping to do,” John Wood said.

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  • John Wood

    Position: Senior vice president, Mortenson Construction

    Age: 59

    Family: Wife, Betsy; three grown sons and one daughter

    Education: Salford Technical College. Xaverian College, Manchester, England.

    Mentor: M.A. Mortenson Jr.: “An incredible leader and teacher.”

    Favorite sports team: Manchester United soccer team

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