Vikings owners Zygi and Mark Wilf want to make clear that regarding a new stadium, they will only share in revenue from the 10 Vikings games each season, plus any additional playoff games, NFL events and a Major League Soccer team, if they get one.
The Vikings will not own the stadium, and the operators of the stadium will earn all the revenue from all other events there.
"We are very excited that Vikings fans will finally be able to have a first-class gameday experience, which is so important in the NFL," Mark Wilf, the Vikings president, said in an e-mailed response to my questions. "There is a tremendous opportunity for a dynamic and programmable plaza, enhanced tailgating, a Vikings Hall of Fame, the NFL Experience and other amenities. The site is also at the convergence of two LRT lines and is the most cost-efficient stadium site, which is important to the public and to the Legislature."
He added that this will be a multipurpose stadium modeled after Lucas Oil Stadium in Indianapolis, which since opening in 2008 has already been home to a Final Four and a Super Bowl. It is also the regular home to other Indiana high school and college sports as well as many other community events.
Wilf added: "We also look forward to pursuing a Major League Soccer franchise for this market, if we are able to resolve the stadium issue this year." The Vikings have exclusive rights to bring an MLS team to the new stadium within five years of its opening, and the team could play there without paying additional rent.
"We feel like the agreement we have delivered to the Legislature meets the parameters and the direction we were given by legislative leaders," Wilf said. "This proposal uses no new taxes or general fund dollars, has the Vikings contribute more than 50 percent of the life-cycle costs of the project and will create a tremendous number of construction jobs and ongoing jobs in this community."
Furthermore, Wilf said: "We have delivered the most cost-efficient site and put the plan together that legislative leaders and the governor [Mark Dayton] told us was the only one that could pass this session. And, given that the Vikings lease at the Metrodome has expired, it is critical that this gets done this year.
"We feel good that we now have a package that we can take to the Capitol to discuss with the Legislature and the public. This agreement was a compromise for all three parties. The team is making a significant private contribution in a small- to medium-sized market -- the third-largest team/private contribution in NFL history. ... I don't think any of the three partners in this deal got everything they wanted."