The Minnesota Vikings and the Wilf family have announced that they will commit an additional $14 million towards construction of the new Vikings stadium.
The team made the announcement at today’s Minnesota Sports Facilities Authority (MSFA) board meeting.
According to a statement from the Vikings, the additional money increases the total private contributions to $89 million since the stadium was approved – bringing the total the team will spend on it to $566 million by the time it’s complete.
The majority of the additional money will be directed toward the stadium’s television system – including more than 2,000 HDTV monitors that will be placed throughout the stadium. The remainder of the additional funds will go toward lighting and utility enhancements.
New #Vikings stadium now well over $1 billion. Total cost of project is now $1.076 billion.
— Brian Hall (@MNBrianHall) May 15, 2015
Despite the growth in the cost of the stadium, the state’s contribution has remained at $498 million.
Private Contribution breakdown on new Vikings stadium
- Original Stadium legislation (May 10, 2012) – $477,000,000
- Contingency Guarantee (Nov. 22, 2013) – $26,400,000
- Additional Cash Contribution (Apr. 18, 2014) – $1,200,000
- Additional Cash Contribution (June 20, 2014) – $1,300,000
- Additional Cash Contribution (Aug. 22, 2014) – $19,700,000
- Additional Cash Contribution (Oct. 10, 2014) – $518,000
- Additional Cash Contribution (Nov. 21, 2014) – $647,000
- Additional Cash Contribution (Dec. 19, 2014) – $1,200,000
- Additional Cash Contribution (Jan. 16, 2015) – $944,000
- Additional Cash Contribution (Feb. 13, 2015) – $2,300,000
- Additional Cash Contribution (Mar. 27, 2015) – $19,500,000
- Additional Cash Contribution (Apr. 27, 2015) – $1,200,000
- Additional Cash Contribution (May 15, 2015) – $14,000,000
Total Team/Private Contribution – $566,000,000
