The special session for a Vikings stadium is off for now, thanks to a Legislature that opposes one. A lot of people in that Legislature are insisting that an increase in sales tax in Ramsey County can't happen without a public vote in a referendum, something the Vikings oppose.
Here's a suggestion. With all the talk about referendums, why not have the citizens of the state vote on whether to expand state-owned gambling to include racinos?
It is a cinch to pass, and you would not only raise enough money for the stadium, but there would be money left over to improve funds for schools, roads, etc.
Rep. Linda Runbeck, R-Circle Pines, chairs the House Property and Local Tax Division Committee in the Legislature. She is quoted as saying that there's a growing sense in the House that there's no emergency when it comes to getting a Vikings stadium bill done.
Apparently she must know somebody involved with the NFL who's telling her the Vikings can't move even though their lease expires in a few months.
Just being realistic, Ms. Runbeck and all of her genius partners in St. Paul, but if you were the Wilf family, would you rather own an NFL franchise in Los Angeles or in the Twin Cities? In L.A., the Lakers get more than twice as much for tickets and suites than the Timberwolves get here, and the area's Fortune 500 companies would fight for the right to buy suites and tickets for their customers.
A clear example of the discrepancy between the two markets is that the Lakers franchise is worth more than $1 billion while the Wolves are worth no more than $400 million.
So if I was Zygi Wilf and owned the Vikings, I would sit back, insist to other NFL owners that I couldn't get a stadium here and also couldn't even break even in the 30-year-old Metrodome, and move to Southern California, where overnight I would go from a team in the small-market Twin Cities to having one of the most valuable franchises in the league.