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Rep. Bob Barrett proposes alternative Vikings stadium funding mechanism

Remember how revenue from e-pulltabs and electronic bingo was supposed to cover most of the public contribution to the construction of the Vikings stadium? With these gambling revenues falling very short of projects, Rep. Bob Barrett, R–Lindstrom, thinks it’s time to consider another funding source. His suggestion? Follow the example of San Francisco and Santa Clara, who raised $1 billion for a stadium through the sale of naming rights and personal seat licenses. While Barrett doesn’t expect to get quite that much for a stadium in Minnesota, he points out that if the sales brought in even a third of what they did in California the state’s contribution to the stadium would be covered. Barrett suggests that reconsidering stadium funding is the perfect legislation for 2014’s proposed “un-session”; now he just needs to convince Gov. Dayton.

Comments (4)

  1. Submitted by Connie Sullivan on 09/17/2013 - 01:41 pm.

    Was this legislator paying any attention last year, when the “deal” that would pay for a new Vikings stadium was passed by the body he sits in? The bill explicitly gives the Vikings, not the state, all revenues from naming rights to the stadium and revenues from seat licenses.

    Also, can we please stop equating “public” with “state” when talking about the new Vikings stadium? The city of Minneapolis residents are currently paying–and will continue to pay for 30 years more–.5% on everything we purchase and on all our services, like gas and electricity and water, to fund $150 million of that stadium (with all associated costs: just under $700 million in taxes paid by Minneapolitans).

    One has to laugh at the governor, too: protesting, now, that the actual FANS of the Vikings pay seat license fees to the Vikings, to pay for the team’s part of the stadium’s cost? Oh, my!

    The ignorance being shown by these elected officials boggles the mind.

    • Submitted by Hugh Gitlin on 09/17/2013 - 04:42 pm.

      Stop saying just Minneapolis residents will pay

      Anyone who goes to a restaurant, bar, entertainment venue, or buys any taxable items in a store in Minneapolis will pay for the stadium. While residents will pay more than non-residents, I, as an Eagan resident that has been to Stub & Herbs, Red Stag, BWW in Dinkytown, Kierens, The Local, etc. have paid some for the stadium.

    • Submitted by Steve Titterud on 09/17/2013 - 05:29 pm.

      He was paying attention & voted against it.

      But it made little difference. Now he’s just suggesting that if it’s going forward, the taxpayers should pay less, the Vikings more – based upon the revenue sources available.

  2. Submitted by Todd Hintz on 09/17/2013 - 01:44 pm.

    Funding Revelation

    I have a wild and crazy funding mechanism for the stadium: have the Vikings pay for it. Why is the public fleeced for paying huge sums of money to support a for profit business? If their business model isn’t robust enough to support their own infrastructure improvements, then the free market says they should go out of business. It makes much more sense to spend the money on infrastructure improvements so companies who do business more than ten days out of the year can get their products to market.

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