Posted on 05/04/2012 8:37:57 AM PDT by topher
An 11th-hour Republican Vikings stadium plan that would have paid for the state’s share with general obligation bonds was declared dead late Thursday morning, and in its wake House GOP leaders pledged to hold a long-awaited floor vote next Monday on the stadium bill authored by Rep. Morrie Lanning and Sen. Julie Rosen. House leaders said they also hope to vote on their 2012 bonding bill Monday.
GOP leaders said that serious questions about using general obligation bonds to pay for the state’s portion of a new stadium for the Minnesota Vikings have forced them to drop the plan, which they floated as a possible end-of-session path just two days earlier. They will now move full-speed ahead with votes on a separate bonding bill and the stadium proposal negotiated between the team, city of Minneapolis and lawmakers, sketching out an end-of-session map that will involve lengthy floor debates and little negotiating with DFL Gov. Mark Dayton.
(Excerpt) Read more at politicsinminnesota.com ...
It is unclear the new stadium will be funded.
If not, will the Minnesota Vikings move to LA?
I have told my representatives to vote no on this.
If they want I’ll help the bastards pack.
I hope there is no Federal money involved.
Los Angeles “VIKINGS”? That’s as silly as the Utah “JAZZ”.
LA already stole the Lakers from them.
We are truly lost.
Politicians determining the future of a private enterprise in a free market society.
Why do we go on kidding ourselves about what type of government we tote in this country?
I know it's a state issue however it's a nationwide state issue.
You’ve gotta love the paradigm...you pay for my stadium, I make millions from using it, and you can pick up the dregs through taxing beer sales, etc.
If it’s a losing enterprise...you pay...I still make money.
If it’s a winning enterprise...you still pay, and I make even more money. And you get to brag that your felons are more talented than other folks’ felons.
Suckers!!
L.A. “Lakers”. That’s another name thst should have been changed. Minnesota has Lakes. L.A. has Barrios.
Well, the Los Angeles “Lakers” originally were the Minneapolis Lakers. They seem to have fared pretty well.
Don't let the kickoff hit you in the a$$...
I always thought a “Laker” was somebody from LA. So from that perspective the name kind of make sense.
And at least they actually play in LA, unlike the “Los Angeles” Angels.
It's also amusing that the scumbag poles are doing everything they can to avoid it going to a direct vote of the people as required by city law (on city funding over 10 million.)
That they are even entertaining spending public funds on boondoggles like this just illustrates how out of control government is.
Time for the NFL to be run like a business Completely.
Looks like the Vikings will be next. NFL would like them to move to L.A. because it’s the second largest tv market in the nation. If not Vikings, then Chargers. But one way or other, L.A. will get a NFL team by the end of this decade.
That all depends on the dictat of The Obama wanna-be Lord Goodell. Citizens are best off questioning neither of them.
It will be long before the end of this decade. They are already putting the finishing “fix” on a new state of the art Stadium.
But if it creates one $50,000/year job, the cost of that job is probably around $1 million.
Politicans will get their kickbacks from this funding, and the owner will get his stadium.
Louisiana wasted lots and lots of money on the Superdome. I am sure that if Louisiana had that money in the bank today, it would not be as financially strapped.
How about the San Antonio Hombres? lol
The last owner, Red McCombs wanted to move them to his home area.. then Zygi coughed up big dough.. and now, once they build a stadium, taxpayers will be paying that one back for years..
the pro-stadium parrots will point out that MN bailed out Northwest Airlines 3 times.
how many stadiums do they have already have in LA now?
I cna't wait for the Twins to get back to the World series....we may yet see the whole thing cancelled because of a blizzard..
They have the Coliseum which is being turned over to USC. The Rams and Raiders played there before they left town, but it wouldn’t get to first base with what is demanded of an NFL Stadium today.
The NFL is not a private enterprise in a free market society. It is a cartel in a crony capitalism society.
Pro sports enjoy antitrust exemptions that are not enjoyed by other private enterprises.
Keep in mind Roger Goodell got the gig as NFL Commish because he did such a fantastic job in his prior role. He was the guy who held the gun to the heads of local officials to get public financing for stadiums, under threat of franchise relocation.
That being said, where is LA going to come up with the money to build one?
I think the team to move to LA will be the Buffalo Bills. The economy and demographics of Western New York continue to crater. They only remain due to the loyalty of owner Ralph Wilson, and he’s 88.
And if the Vikings move to LA, who will notice? The only thing that will happen is the CA taxpayers will be further screwed by the politicians.
There will be a lot of MN residents relieved they aren’t stuck with this dinosaur of a stadium. However, the MN politicians will keep spending to make it seem like the new stadium was bought. [Where’s it written that taxpayers MUST fund privately owned sports franchises and provide them with stadiums?]
I don’t know but Buffalo Bills is probably a better fit for Toronto. Hell, they already play in Toronto once every year now.
Oh there’s money in L.A. Probably a billionaire will build a stadium. Or maybe by one of those Casinos.
One the feeblest arguments for this is that they need a new stadium so they can afford to field a better team.
Same argument the Twins made. The Twins have gotten worse ever year since they moved in.
same place they think they're going to get superhighspeedmoonbeamchoochoo $. (Uncle Sham's "stash")
Maybe Rush is right with his prediction all the concussion lawsuits coming soon will kill the NFL anyway when the next John Edwards comes to town .
Trial lawyers will get rich and pay to elect more dems and then the teams will fold one by one...and the governors can blame Bush, real capitalism, and global warming. goobermint loves to “invest” in failed business models- they never pay any price for being wrong.(taxpayers do)
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