The two chief sponsors of a Vikings stadium bill are expected to unveil their plan Friday with formal introduction to the legislature early next week.
After weeks, maybe even months, of delays, Sen. Julie Rosen and Rep. Morrie Lanning are expected to submit their plan for a Vikings stadium bill today, according to the Associated Press. The formal introduction of the bill to the Minnesota Legislature could come Monday.
Both Rosen and Lanning are Republicans, but the bill is expected to have bipartisan support from both lawmaking chambers.
According to an outline of the bill released earlier, it would be designed to have a roughly one-third split in financial responsibility for a new stadium between the Vikings, the state and a local government.
The participating local government would be allowed to bid to be the site of the stadium and could use local taxes, including a sales tax hike up to a half a percent in the area, and hospitality taxes.
The state share, roughly $250 million to $300 million, could be made up by selling bonds, using a Vikings-themed lottery scratch-off game, or using a sports-memorabilia tax, among other user-based fees.
In addition to their initial share of the stadium costs, the Vikings would be responsible for any cost overruns.
While there has been little to indicate the Vikings would take a cornerback in the first round, they did meet with Colorado CB Jimmy Smith, according to the National Football Post. What makes the visit interesting is that no mock draft have Smith coming off the board in the top half of the first round, lending some credence to the belief that the Vikings will entertain offers to drop in the first round to accumulate additional picks later in the draft.
After claiming that the Vikings stadium would be introduced this week, so far now bill has come forward in St. Paul.
From the bizarre marketing ploy department comes this. There are tours that are going to be given between now and November of the Metrodome with those willing to pay the $4 cover charge being able to leave with a souvenir – a piece of the torn Metrodome roof. It seems almost like giving away a piece of the charred Hindenburg remains, but there's no accounting for what serves as a collectible.