Thread: Los Angeles Vikings?

"daftparrot" wrote:

"Garland" wrote:

"NodakPaul" wrote:

"UffDaVikes" wrote:

Then why the speculation that ties him to LA and Ed Roski Jr?
If Wilf isn't going to sell, then he sure as hell isn't moving them to a city that has a real estate developer that is already planning his own stadium and retail complex.

If you would come here and post that he is in another city poking around the real estate market and looking to purchase land, then you would have some credibility, but to post random speculation about a topic we already hashed out here a few months back it becomes hard to buy into.

+1

Thus why I think its more of a post to promte his blog than an actual thread.

you said that already.
i would have posted the text of the article but the rules specifically say to post a link.
i got permission from webby.
give it a rest.

as to the "random speculation", do some google research and see what you come up with.
again, i'm not claiming that this is GOING to happen, just that it's within the realm of possibility, and if it DOES happen, we'll all be kicking ourselves for not getting a stadium deal done.
just like the supersonics fans are now.

Do any of your sources have the total cost projections of the entire renovation of that area?

I understand they have the following numbers tentatively penciled in:

Stadium- $616,500,000.00
Retractable roof-$200,700,000
Parking- $58,000,000
Right-of-way$ 8,992,000
Inflation- $69,000,000

However, if you look at this picture



you will see that there is alot more going on in there than what is in the numbers, and Wilf has proposed spending about 260,000,000 of his money towards it, but has yet to defing how the rest would be raised.And those numbers do not include any numbers for utility service for the non stadium buildings in the above picture nor any of the costs of facilitating the rail lines. Do you know any of the cost projections for what they will ask the stste or the local government to provide for the remainder of that development?

Estimated cost is just under a billion dollars from what i understand... wilf has pledged approximately 260 million of that.

apparently he's going to ask for public funding for the remaining 750 million or so-- as to the extra costs you mention, i would assume that they're included in the 990 million.

the whole thing is up in the air at this point though.
the numbers were originally prepared in '07 and my understanding is that the stadium will not be discussed in the '08 legislative session.
basically it's back to the drawing board, but i'd assume the numbers will stay approximately the same as long as wilf doesn't give up on the downtown site

"UffDaVikes" wrote:

Do any of your sources have the total cost projections of the entire renovation of that area?

I understand they have the following numbers tentatively penciled in:

Stadium- $616,500,000.00
Retractable roof-$200,700,000
Parking- $58,000,000
Right-of-way$ 8,992,000
Inflation- $69,000,000

However, if you look at this picture



you will see that there is alot more going on in there than what is in the numbers, and Wilf has proposed spending about 260,000,000 of his money towards it, but has yet to defing how the rest would be raised.And those numbers do not include any numbers for utility service for the non stadium buildings in the above picture nor any of the costs of facilitating the rail lines. Do you know any of the cost projections for what they will ask the stste or the local government to provide for the remainder of that development?

You are right on with your numbers, those are approximately the same that I have seen.
These are some of my assumptions and educated guesses:

1) Wilf's first number was $260 million.
This is not a final number, but rather a starting spot for negotiations.
I honestly expect the final number to be closer to $500+ million.

2) The utilities for the stadium, which includes the two towers connected to it, are included in the stadium estimate.
The non-stadium buildings will be developed separately.
This is actually what I believe Wilf is banking on - the right to develop the additional properties in the immediate are.
It is, after all, the way he became rich.
I don't think it is fair to include any utility work for those buildings in with the stadium bill because they won't be built with the stadium.
Public money for utilities for those buildings should be treated the exact same way as public money for utilities for any other new building construction in Minneapolis.

3) I think the Zygi is also leaning on the NFL to reinstate some kind of G3 fund again.
Between that and Wilf's money, I would expect between half and 3/4 of the total investment to be covered.
I believe he will ask the state/local community for the rest.

I have a very good feeling that the Vikings will remain in Minneapolis for the remainder of my lifetime. They obviously need a new stadium ... and will likely get some sort of deal eventually.
They always come up in conversations, but it seems some other teams are on the "moving" block also. I don't hear San Diego often around here, but they are well known to be possibly moving at some point. I think that a few other teams have been rumored quite a few times as well (St. Louis and I think even Jacksonviile have been been mentioned before).

"midgensa" wrote:

I have a very good feeling that the Vikings will remain in Minneapolis for the remainder of my lifetime. They obviously need a new stadium ... and will likely get some sort of deal eventually.
They always come up in conversations, but it seems some other teams are on the "moving" block also. I don't hear San Diego often around here, but they are well known to be possibly moving at some point. I think that a few other teams have been rumored quite a few times as well (St. Louis and I think even Jacksonviile have been been mentioned before).

Los Angeles Jaguars has a very nice ring to it.

As long as Al Davis is still tottering around, I think the 'Vikes are safe. ;D LA Lions? LA Raiders? Wilf is doing his best to make the team a contender. Not the actions of a guy who wants to move. I remember a few years back on Foxsports, Howie Long was saying the 'Vikes were having "ownership" problems. He was refering to fur-coat ass-face. Wilf is showing he wants the team to stay and be successful. IMO ;D I really believe that the Wilf's are just the folks to bring success to the orginization. The team went from the Ownership group/hive mind to McDouschebag to possibly Tom Clancy to the Wilfs. I think our team is in good hands. (Ihope) ;D

"NodakPaul" wrote:

"UffDaVikes" wrote:

Do any of your sources have the total cost projections of the entire renovation of that area?

I understand they have the following numbers tentatively penciled in:

Stadium- $616,500,000.00
Retractable roof-$200,700,000
Parking- $58,000,000
Right-of-way$ 8,992,000
Inflation- $69,000,000

However, if you look at this picture



you will see that there is alot more going on in there than what is in the numbers, and Wilf has proposed spending about 260,000,000 of his money towards it, but has yet to defing how the rest would be raised.And those numbers do not include any numbers for utility service for the non stadium buildings in the above picture nor any of the costs of facilitating the rail lines. Do you know any of the cost projections for what they will ask the stste or the local government to provide for the remainder of that development?

You are right on with your numbers, those are approximately the same that I have seen.
These are some of my assumptions and educated guesses:

1) Wilf's first number was $260 million.
This is not a final number, but rather a starting spot for negotiations.
I honestly expect the final number to be closer to $500+ million.

2) The utilities for the stadium, which includes the two towers connected to it, are included in the stadium estimate.
The non-stadium buildings will be developed separately.
This is actually what I believe Wilf is banking on - the right to develop the additional properties in the immediate are.
It is, after all, the way he became rich.
I don't think it is fair to include any utility work for those buildings in with the stadium bill because they won't be built with the stadium.
Public money for utilities for those buildings should be treated the exact same way as public money for utilities for any other new building construction in Minneapolis.

3) I think the Zygi is also leaning on the NFL to reinstate some kind of G3 fund again.
Between that and Wilf's money, I would expect between half and 3/4 of the total investment to be covered.
I believe he will ask the state/local community for the rest.

Everyone acts like that's a lot of money... not to make this a political thread, why would people complain about a $1 billion stadium when we're in a $528 Billion dollar war...

Seems sorta dim.

"NodakPaul" wrote:

"UffDaVikes" wrote:

Do any of your sources have the total cost projections of the entire renovation of that area?

I understand they have the following numbers tentatively penciled in:

Stadium- $616,500,000.00
Retractable roof-$200,700,000
Parking- $58,000,000
Right-of-way$ 8,992,000
Inflation- $69,000,000

However, if you look at this picture



you will see that there is alot more going on in there than what is in the numbers, and Wilf has proposed spending about 260,000,000 of his money towards it, but has yet to defing how the rest would be raised.And those numbers do not include any numbers for utility service for the non stadium buildings in the above picture nor any of the costs of facilitating the rail lines. Do you know any of the cost projections for what they will ask the stste or the local government to provide for the remainder of that development?

You are right on with your numbers, those are approximately the same that I have seen.
These are some of my assumptions and educated guesses:

1) Wilf's first number was $260 million.
This is not a final number, but rather a starting spot for negotiations.
I honestly expect the final number to be closer to $500+ million.

2) The utilities for the stadium, which includes the two towers connected to it, are included in the stadium estimate.
The non-stadium buildings will be developed separately.
This is actually what I believe Wilf is banking on - the right to develop the additional properties in the immediate are.
It is, after all, the way he became rich.
I don't think it is fair to include any utility work for those buildings in with the stadium bill because they won't be built with the stadium.
Public money for utilities for those buildings should be treated the exact same way as public money for utilities for any other new building construction in Minneapolis.

3) I think the Zygi is also leaning on the NFL to reinstate some kind of G3 fund again.
Between that and Wilf's money, I would expect between half and 3/4 of the total investment to be covered.
I believe he will ask the state/local community for the rest.

That could be. And of course everything hinges on the spot they ultimately pick and what provisions the local government wants included in order to pull the trigger. You can bet for sure, though, that Pawlenty will not put any direct funds into it. He will go with TIF financing but the support is not there for added sales tax in the vicinity of a stadium nor is there much chance of direct money going into it. Maybe Wilf will get his way and find a city that wants an open air stadium like he does so the cost can be brought down and make it easier to move quickly ;D

"C" wrote:

"NodakPaul" wrote:

"UffDaVikes" wrote:

Do any of your sources have the total cost projections of the entire renovation of that area?

I understand they have the following numbers tentatively penciled in:

Stadium- $616,500,000.00
Retractable roof-$200,700,000
Parking- $58,000,000
Right-of-way$ 8,992,000
Inflation- $69,000,000

However, if you look at this picture



you will see that there is alot more going on in there than what is in the numbers, and Wilf has proposed spending about 260,000,000 of his money towards it, but has yet to defing how the rest would be raised.And those numbers do not include any numbers for utility service for the non stadium buildings in the above picture nor any of the costs of facilitating the rail lines. Do you know any of the cost projections for what they will ask the stste or the local government to provide for the remainder of that development?

You are right on with your numbers, those are approximately the same that I have seen.
These are some of my assumptions and educated guesses:

1) Wilf's first number was $260 million.
This is not a final number, but rather a starting spot for negotiations.
I honestly expect the final number to be closer to $500+ million.

2) The utilities for the stadium, which includes the two towers connected to it, are included in the stadium estimate.
The non-stadium buildings will be developed separately.
This is actually what I believe Wilf is banking on - the right to develop the additional properties in the immediate are.
It is, after all, the way he became rich.
I don't think it is fair to include any utility work for those buildings in with the stadium bill because they won't be built with the stadium.
Public money for utilities for those buildings should be treated the exact same way as public money for utilities for any other new building construction in Minneapolis.

3) I think the Zygi is also leaning on the NFL to reinstate some kind of G3 fund again.
Between that and Wilf's money, I would expect between half and 3/4 of the total investment to be covered.
I believe he will ask the state/local community for the rest.

Everyone acts like that's a lot of money... not to make this a political thread, why would people complain about a $1 billion stadium when we're in a $528 Billion dollar war...

Seems sorta dim.

:-X