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In
a time of the NFL year when much is calming down, it may not seem like
an important period for the Vikings. But in a round-about way it really
is.
The Twins stadium bill was expected to be presented to the full
house and senate today, but the crafters of the bill continue to rework
the language in committees in order to garner even more support. How does
this affect the Vikings? In a big way.
The Vikings have
pretty much conceded from the start of their stadium drive in early March
that they wouldnt be able to get a vote on a new stadium for them
in this legislative session, which is due to end in a week (barring a
special session). But even as the Vikings are looking to have their study
bill passed, which would create a panel of people to explore all the relevant
options for funding about $300 million of a $450 to $500 million stadium,
they are actually hoping that Twins deal gets done in the next week.
Why? Well, the consensus
among the top brass at the Vikings recent minicamp was that getting
a deal done for the Twins would help in two ways. First it would show
the Vikings, the Minnesota public and the politicians that there is support
for helping professional sports teams in Minnesota with their financial
stadium needs. Secondly, the Vikings are desperately hoping the Twins
deal can get done in this session so clear the deck, so to speak, for
the Vikings next year.
The Vikings need
to get a deal next year or risk losing $51.5 million in financing support
through the NFLs G-3 financing initiative. It is a complex formula
the NFL uses based on market size and other factors to determine how much
help it would give its teams seeking a new, modern stadium with increased
revenue streams. The NFLs G-3 plan is set to expire in March 2003,
leaving no realistic chance of getting a deal done in the 2003 session.
That leaves 2002
as the best shot the Vikings may have to get a new stadium. But if the
Twins can a deal passed next week, at least in principle with a contingency
on Major League Baseball getting it small-market house in order, then
the Vikings would have a better shot in 2002.
FRIDAY NOTES
* Chris Walsh could be back in a Vikings uniform in 2001, but it would
likely have to come at a reduced price near the veteran minimum and he
may have to wait until after June 1. The Vikings receivers looked very
good and deep at minicamp, but most of the Vikings 2001 draft picks
came with a special teams tag attached to their primary position, so the
Vikings know the importance of Walshs ability to lead the special
teams. Money on both sides will ultimately be the determining factor.
* While VikingUpdate.com will continue to be the short-term home for Viking
Update on the Internet, we are continuing talks with another network that
could bring additional benefits and a more consistent look to the site
before the 2001 season. Well keep you posted on any announcements,
but for now and for the coming months be sure to pass on the word to your
Vikings friends that VikingUpdate.com is the new home. You can do that
automatically with our "Recommend Us" link at the bottom of
our front page.
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