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Sat May 5, 2012, 04:03 PM

MN Billionaires say: "For $600 million, we get to keep 130 Vikings jobs in MN!"



Minnesota is being blackmailed by Vikings owner, billionaire Zygi Wilf. He claims he'll move his losing team to Los Angeles if Minnesotans don't cough up $600 or $700 million to build him a new stadium. While Minnesota is cutting money for education, healthcare, housing, the elderly and disabled, it is insane to spend hundreds of millions on a stadium the Vikings will play in 10 days a year! Get involved with WAMM - Women Against Military Madness - to work against all kinds of madness!

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Reply MN Billionaires say: "For $600 million, we get to keep 130 Vikings jobs in MN!" (Original post)
annm4peace May 2012 OP
annm4peace May 2012 #1
WhoIsNumberNone May 2012 #2
Archae May 2012 #3
Jack Rabbit May 2012 #4
annm4peace May 2012 #9
Jack Rabbit May 2012 #11
Mr Know-It-All May 2012 #5
annm4peace May 2012 #10
Mr Know-It-All May 2012 #12
annm4peace May 2012 #13
pam4peace May 2012 #14
jerseyjack May 2012 #6
Dawson Leery May 2012 #7
Mr Know-It-All May 2012 #8
Amonester May 2012 #15
annm4peace May 2012 #16
Dorisking66 May 2012 #17
Hula Popper May 2012 #18

Response to annm4peace (Original post)

Sat May 5, 2012, 04:12 PM

1. Petition to say no to the stadium

http://www.ipetitions.com/petition/novikingsstadium/


Stop a taxpayer-funded Vikings stadium!



According to recent news stories, a taxpayer-funded Vikings stadium is "imminent." In fact, the Minneapolis City Council is currently coming up with proposals for a taxpayer-funded Vikings stadium, which would mean a bill would be pushed through the state legislature as early as May 15.

We do not want a bill to be pushed through the legislature via back-room deals! Let the public vote on a publicly funded stadium.

Enough is enough. Though a 1997 referendum demands proposals for publicly funded stadiums be put before voters, Hennepin County residents were forced through last-minute political and business negotiations to pay $350 million for a new Twins ballpark. That amounts to three cents of every $20 spent in Hennepin County going to a team and owners only footing $130 million for a stadium that will continue to net them millions.

Now, despite public opposition, the Minneapolis City Council is currently in further negotiations to formulate a deal that would have taxpayers funding another Vikings stadium, despite the fact that we have the Metrodome (the Vikings current home) and the TCF stadium within spitting distance of one another.

According to ESPN, Vikings owner Zygi Wilf and the NFL will commit only $215 million to the estimated $870 million project, leaving taxpayers who never had the opportunity to vote on a stadium bill to fund the rest.


Minneapolis City Council and state representatives: We urge you not to push a bill through the state legislature that will have Minnesota taxpayers funding another stadium.


On top of the fact that a new stadium is burdensome to taxpayers, tearing down and building new is also detrimental to the environment.

What's more, we do NOT want to line the pockets of millionaires/billionaires with our hard-earned money. A stadium is not a public investment in the same way schools, parks, and transit are. Our tax dollars should go to the crumbling city schools and infrastructure. NOT private profits.

STOP the taxpayer-funded Vikings stadium now!

*****
Wilf to Rybak: Your Corporate Welfare Proposal isn't generous enough

Say what you will about the Wilfs, but they certainly have balls. While the team now claims they could "live" with a new stadium on the Metrodome site--as long as taxpayers foot most of the bill--they wrote to Mayor R. T. Rybak to demand more parking for their wealthiest customers, improvements to their temporary home at TCF Bank Stadium on the U of M campus, and compensation for lost revenues while they are "forced" to play at the smaller campus venue.

Hmmm. So we are supposed to buy you guys a stadium, but if it costs you money, we are supposed to compensate you as well? That's ridiculous.

******

Call Gov. Dayton
651-201-3400

Tell him you don't want a Vikings Tax, and you want a stadium to pay property taxes just like you!



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Response to annm4peace (Original post)

Sat May 5, 2012, 04:59 PM

2. It always pisses me off to see pro sports franchises, owned by billionaires, holding cites hostage

"Waaa- Gimme a new stadium or I'll move the team! Waaa!"

But there's always some other city who's prepared to pay the bribe if the current one won't...

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Response to annm4peace (Original post)

Sat May 5, 2012, 06:50 PM

3. And they always lose anyway!

Last edited Sat May 5, 2012, 07:26 PM - Edit history (1)

(Cheesehead here!)

Seriously, this really does stink on ice, the billionaire owner of the Vikings exhorting the state for *HIS* toys.

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Response to annm4peace (Original post)

Sat May 5, 2012, 07:01 PM

4. Sports fan that I am, I would vote against such a stadium

Last edited Sat May 5, 2012, 08:59 PM - Edit history (1)

I wouldn't count on Los Angeles voters, either, if I were Mr. Wilf. We aren't exactly swimming in cash out here in California these days. Even under better economic circumstances, it would be a hard sell to get LA voters to approve a stadium that features seats that most taxpayers can't afford when there are two perfectly good older stadiums, the Colosseum and the Rose Bowl, available for use.

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Response to Jack Rabbit (Reply #4)

Sat May 5, 2012, 08:25 PM

9. I'm from CA but live in MN

It drives me nuts how they (MN) think LA would take them.. they have fantasies CA and L.A. has streets paved in gold and growing on trees. MN is sooooo much more better off financially than L.A. And there are more jobs here also.

They have no idea of the struggles in CA.. They local news that supports the new stadium is able to spin their propaganda that we have to build this stadium or the team will go to L.A....

if L.A. couldn't support Raiders or Rams.. how in the hell will they care about the Vikings. it sick.

we need tax and bonds to go to bridges or we shall have others going down.

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Response to annm4peace (Reply #9)

Sat May 5, 2012, 09:03 PM

11. The Rams went to St. Louis because their owner was from St. Louis

The late Georgia Fontiere simply wanted to put a football team back in St. Louis after the Cardinals moved to Phoenix.

The late Al Davis moved the Raiders to LA for reasons unknown to me, but brought them back to Oakland when he didn't get a new stadium. Perhaps Mr. Wilf would like to consider that.

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Response to annm4peace (Original post)

Sat May 5, 2012, 07:15 PM

5. The Billionaire Boogie

The Vikings owner Ziggy Wilf is playing his hand just as the NFL has instructed him to.
The NFL is the worlds most profitable professional sports league and they did not get that way by playing by the same rules as everyone else. After Robert Kraft financed and built his own stadium for his New England Patriots, the NFL has made sure that all new owners follow league procedures by "crying poverty" and demanding public funding for;
- tax brakes
- free land
- new stadiums
- lax regulations
- job subsidies
- unsold ticket buy-outs
- black-outs of public broadcasts, etc.

The NFL has carefully controlled league expansion so as to always have a few cities hungry for an NFL team. The problem is, LA is not one of them. Here are a few reasons why the Vikings Will not move to LA;
- most NFL fans in LA are transplants... They follow their home teams
- the Vikings are not well liked in LA (they knocked the best Ram teams of the 70s out of the playoffs)
- there is very little interest in a new NFL team in LA (voters in Pasadena have already turned down the NFL twice by voting "No" to allowing the NFL to put a team in The Rose Bowl)
- LA has already had, and lost three NFL teams... They all left due to lack of fan support.
- the Vikings are "fully branded" in Minnesota. They have a rabid multi-state fan base and the "Viking" image is perfect for the heavily Scandinavian population... "branding" is worth million$

Finally, it should be noted that Ziggy Wilf made his billions in the construction business, meaning that he could easily build his own stadium with his own construction firm "at cost" and then watch the value of his franchise increase by the retail value of the new stadium...

People in Minnesota love their Vikings, NFL owners love public funding... Thus, the "shakedown"

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Response to Mr Know-It-All (Reply #5)

Sat May 5, 2012, 08:28 PM

10. thanks for making this clear

I will share this with my Minneapolis city council members, and state legislators.

i hope you don't mind if I use your explaination.. it is much more clear than what I had written

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Response to annm4peace (Reply #10)

Sun May 6, 2012, 01:08 AM

12. "Mind if I use your explanation..."

Feel free to use any or all...

I hope you have better luck than I did. I have tried posting similar rants to local MN sports blogs, chat-rooms and have even written similar opinions to the local papers... My posts are always scrubbed & my letters are never printed.

What does it say about a society when a State Government can go into a "special session" in order to try, yet again, to ram through a massive "big government handout" aimed at giving hundreds of millions of dollars to a billionaire who does not "need" but rather "wants" the money to build yet another stadium that he does not "need" but merely "wants"? What does it say about the State legislature's priorities, when it is more than willing to work overtime in order to "find" the money to upgrade an entertainment complex, yet either unwilling, or unable to give a similar effort to address schools, hospitals, roads... ... and her bridges are literally falling into the river?

I have volumes more on this subject, but what I posted was, I thought, enough to make my point to the general DU audience...

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Response to Mr Know-It-All (Reply #12)

Sun May 6, 2012, 01:23 AM

13. thanks and I did use it

and I did send to my city council person and Rybak. My legislators are going to vote no against it.

it is wrong and I hope those who vote for it get voted out of office.

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Response to Mr Know-It-All (Reply #5)

Sun May 6, 2012, 11:36 AM

14. Excellent info.

I'll use it too. Thanks

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Response to annm4peace (Original post)

Sat May 5, 2012, 07:24 PM

6. Fight the bastard.

 

N.J. taxpayers are giving money to Newark to replace the money Newark is using to subsidize the N.J. Devils. When does it stop?

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Response to annm4peace (Original post)

Sat May 5, 2012, 07:41 PM

7. Get Jesse Ventura on this one. He told Twins to suck on it...

by end of 1999, they did. The Twins stayed and the owners paid for the stadium.

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Response to Dawson Leery (Reply #7)

Sat May 5, 2012, 07:48 PM

8. The Owners Paid?

The Twins owners put in $130M... Taxpayers got soaked for $350M... You were saying?...

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Response to annm4peace (Original post)

Sun May 6, 2012, 12:28 PM

15. Bread and circus...

Rome's decline.

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Response to annm4peace (Original post)

Sun May 6, 2012, 12:40 PM

16. We do have some common sense legislators in MN

http://minnesota.publicradio.org/display/web/2012/05/01/john-marty/

Why public funding for a Vikings stadium doesn't make sense
May 1, 2012

By John Marty

Sen. John Marty, DFL-Roseville, is serving his eighth term in the Minnesota Legislature. This commentary is adapted from an open letter he sent to his colleagues late last week.

I recognize that many legislators have strong positions on the Vikings stadium issue and many have been tracking the issue closely. However, there are a number of misconceptions about parts of the issue, and many unexamined assumptions that deserve an airing. Before we give $700 million to Zygi Wilf for a new stadium, here is some information that I hope you will consider


Size of the subsidy

To put this proposal into terms to which we can relate, as it passed out of the Senate Finance Committee this week, the legislation would provide public money in an amount equivalent to a $77.30 per ticket subsidy for each of the 65,000 seats at every Vikings home game. That's $77 in taxpayer funds for each ticket, at every game, including preseason ones, for the next 30 years.

That's a lot of money. Especially when many Minnesotans are struggling to make ends meet. This calculation is based on 65,000 seats in the new stadium, with 10 games per season (if you don't count preseason games, the subsidy is more than $96 in taxpayer funds per ticket), for 30 years. It counts the payments for the state and city share of debt service on the bonds, and the state payments for operating expense and for the capital reserve. The real number would actually be significantly higher, because this calculation does not include the value of the property tax exemption on the stadium and the parking ramps (this subsidy is worth at least $15 million to $20 million per year more, year after year) or the value of the sales tax exemption on stadium construction materials (if it is included in the final legislation).

snip..

Public funds can create construction jobs, but those projects should serve a public purpose, constructing public facilities, not subsidizing private business investors. The need to employ construction workers is not an excuse to subsidize wealthy business owners, especially when there is such great need for public infrastructure work.

snip...
To Zygi Wilf's credit, back in 2006, he promised to keep the team in Minnesota forever: "From Day One... I have promised that I would keep the team here in Minnesota forever..." When asked whether he planned to keep the team in Minnesota , whether we had a new stadium or not, he replied, "Yes, I've stated that from Day One.... all I can tell you is this, that I live by my commitment."

The only reason for this debate over a public subsidy is that many politicians think that Wilf will break his promise and move the team, or sell it.

Both of the stadium financing proposals in Los Angeles are privately funded, without taxpayer money. Under one proposal, the investors would give the land to the team and the team owner would build a stadium without public money. Under the other, investors would build the stadium for the owner. Both L.A. proposals use revenues generated by the stadium to pay for the stadium, and the team owner gets the left-over revenue after paying for the stadium.

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Response to annm4peace (Original post)

Mon May 7, 2012, 10:27 AM

17. Spam deleted by gkhouston (MIR Team)

 

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Response to annm4peace (Original post)

Mon May 7, 2012, 01:07 PM

18. for 600 million

Perhaps wee could take that $600 mil and use it for schools, teachers, police and fire protection, Minnesota Pollution Control AGency payrolls, the DNR, state parks and roads.

Bite me Ziggy!

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