By Rick Horrow and Karla Swatek
October 7, 2013
The Minnesota Sports Facilities Authority approved partnership agreements for the new Vikings stadium, allowing construction to begin next month. The agreements include a 30-year lease and a deal for the construction process. It also allows the team to assess a one-time PSL fee on 75% of seats at the new stadium. The PSLs will range anywhere from $500 to $10,000 depending on seat location, and will cover approximately $100 million of the $477 million the Vikings are expected to pay. The Vikings will play at the University of Minnesota’s TCF Bank Stadium while the new stadium is under construction. The new stadium is being designed by renowned sports architecture firm HKS.
There was a temporary scare that the Vikings would be unable to build their new stadium because of legal troubles for team owner Zygi Wilf. With that court case behind them, the Vikings can expect a beautiful new stadium by HKS, which also designed Cowboys Stadium and Lucas Oil Stadium.