The starts and stops of the Vikings' stadium efforts continued Wednesday night when a conference committee report with details on the new stadium bill went public for several minutes and then was pulled from the Minnesota government's web site while copies were being made.
Details from the original conference committee report outlined the reconciled bill from the versions passed in the Minnesota House on Monday and Senate on Tuesday.
According to the new bill, the state share of the stadium costs would be limited to $348 million, down $50 million, and the Vikings' contribution would be $477 million. At 10:30 p.m. Central, there was no confirmation that the Vikings would accept the $50 million increase. The Minneapolis share remained at $150 million.
Another key was the term of the lease, set at 30 years. One version of the previous bills called for a 40-year lease, which was a sticking point for the team.
The outline of the stadium itself remained the same. It would be 1.5 million square feet with approximately 65,000 seats, expandable to 72,000 seats to meet NFL standards to host a Super Bowl. In addition, plans called for 150 suites, approximately 7,500 club seats, 2,000 parking spaces within a block of the stadium or connected by skyway or tunnel, and an additional 500 parking spots within two blocks.
The Vikings would be required to play all preseason, regular-season and postseason home games at the new stadium with the exception of three home games every 15 years outside of the United States.
A "clawback" provision would allow the public to recoup more money if the team was sold. If the team was sold in whole or part in the first 10 years of the lease, the public would get 25 percent of the profits, decreasing to 15 percent in years 11 to 15 and 10 percent in years 16 to 20.
If the team were sold and moved, the NFL would retain the Vikings' "heritage and records, including the name, logo, colors, history, playing records, trophies, and memorabilia."
The Vikings would also have exclusive rights to a Major League Soccer team in the stadium during the first five years of the lease.
Tim Yotter is the publisher of Viking Update. Follow Viking Update on Twitter and discuss this topic on our message boards. To become a subscriber to the Viking Update web site or magazine, click here.
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