The Minnesota Vikings have reportedly struck a preliminary agreement with Minneapolis city and state officials on a new stadium to be built at or near a site of the team's current building, the Metrodome.
The Minneapolis Star Tribune reported a number of anonymous sources told the paper the city would cover about $330,000 in construction and operating costs over the next 30 years. The state, meanwhile, would pay $398 million and the Vikings would chip in $427 million.
An announcement on the $975 million stadium is expected next week, according to the paper.
The team's lease recently expired, pushing the issue to the front-burner of state officials' agendas.
Officials indicate the parking lot next to the Metrodome may be large enough to house the new stadium, taking care of the locale issue.
"We've gone from the Vikings playing at TCF (on the U of M campus) for three years, to maybe two years to maybe no time," Minneapolis Mayor R.T. Rybak said of a new analysis of the site, according to kaaltv.com.
The Minneapolis Star Tribune reported a number of anonymous sources told the paper the city would cover about $330,000 in construction and operating costs over the next 30 years. The state, meanwhile, would pay $398 million and the Vikings would chip in $427 million.
An announcement on the $975 million stadium is expected next week, according to the paper.
The team's lease recently expired, pushing the issue to the front-burner of state officials' agendas.
Officials indicate the parking lot next to the Metrodome may be large enough to house the new stadium, taking care of the locale issue.
"We've gone from the Vikings playing at TCF (on the U of M campus) for three years, to maybe two years to maybe no time," Minneapolis Mayor R.T. Rybak said of a new analysis of the site, according to kaaltv.com.
