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Vikings Stadium Financials

Vikings Stadium Financials

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Published by hartupnorth

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Published by: hartupnorth on Mar 01, 2012
Copyright:Attribution Non-commercial

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10/07/2013

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BUILDING THE PEOPLE’S STADIUM…TOGETHER
DOWNTOWN EAST STADIUM FINANCING PLAN
(Assumes 2016 stadium opening)
TOTAL PROJECT COSTS - $975 million
Fixed-roof stadium - $828 million
On-site infrastructure/relocation costs - $147 million
More than 50% privately funded
+
STATETOTALINVESTMENT TO BUILD (M)
$975M
CITY
$427M$150M$398M
CITYVIKINGS/PRIVATETOTAL
$20.5M$13M$7.5M
Charitableelectronicpull-tabsExisting conventioncenter sales andhospitality taxes
STATE
$0M
State of Minnesota | City of Minneapolis | Minnesota Vikings
+
ANNUAL OPERATINGEXPENSES & CAPITAL COSTS (M)Minnesota Vikings (50.6%)
Upfront Costs:$427MOperating & CapitalExpenses: $327.1MTotal Contribution:$754.1M
State of Minnesota (26.7%)
Upfront Costs:$398MOperating & CapitalExpenses: $ 0MTotal Contribution:$398M
City of Minneapolis (22.7%)
Upfront Costs:$150MOperating & CapitalExpenses: $188.7MTotal Contribution:$338.7M

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