Contrary to some speculation, Gov. Mark Dayton says the Vikings stadium funding voted on by the Legislature — which gave the Vikings $348 million of the $498 million public contribution toward the facility (the City of Minneapolis contributed the other $150 million) — is in good financial shape.
"They closed some of the corporate tax loopholes and the money is coming in," Dayton said. "The stadium is fully funded, on schedule, on budget. It is going to be phenomenal. I'm sure excited about that. We have the [2018] Super Bowl, we have the [2019] Final Four, they've applied for the [2020] college football national championship game, and you look at all the economic development going on all around that stadium, over $1 billion of private development, which never happened when it was the Metrodome. People are going to see that it's going to have a great big payoff for Minneapolis and for the state."
The Vikings' original stadium contribution was $477 million. Since the legislation passed, the team has added $89 million in improvements to bring their total contribution to $566 million.
On another topic, Dayton was asked if there was any chance for public funding of a new MLS stadium in downtown Minneapolis.
"Anything is possible, but the Legislature voted overwhelming for no subsidy," he said. "I'm glad that the owners want to bring Major League Soccer to Minnesota, but they've been told for months now they're going to have to go without public subsidy."
Does Dayton think the college football championship game will come here?
"I think [organizers of the College Football Playoff] have been very impressed by [successful bids on] the Super Bowl and the Final Four. [There] was stiff competition," he said. "That stadium is such a fabulous new addition to the state of Minnesota, but nationally it's going to be the start-of-the-art stadium. I'm very hopeful we'll get the game, if not in 2020, then soon thereafter."
Poor beat the rich
The Twins swept the Red Sox this week for the first time in nine years. Yes, the four-year doormat of the American League Central — a Twins team with a $108.9 million payroll (ranked 18th in Major League Baseball) — dominated Boston, with a payroll of $187.4 million, which ranks third in MLB and second in the AL.