We had a good story via the Associated Press in our Sunday section on Dallas Cowboys owner Jerry Jones and his thoughts on the Minnesota Vikings stadium situation.
The Vikings have ranked dead last or close to it in recent years in generated revenue among NFL teams. And Jones doesn’t think that’s acceptable for a market of this size.
“Right now we are subsidizing this market,” said Jones, one of the most influential owners in the league. “It’s unthinkable to think that you’ve got the market you’ve got here, with 3.5 million people, and have teams like Kansas City and Green Bay subsidizing this market. That will stop. That’s going to stop. That’s called revenue sharing. That’s on its way out.”
At some point the NFL and Vikings ownership is going to want to rectify the situation. But how does a team go about doing that in an economic climate like the one we currently live in?
And with the Minnesota Twins and the University of Minnesota football team both getting the finishing touches put on new stadiums, I don’t think politicians and taxpayers in the state are going to be real enthusiastic about publicly financing another new facility for a pro sports team to play in.
So now what? The Vikings and Twins are easily the two biggest sports franchises in Minnesota. The state could ill afford to lose the Vikings to a market in need of pro football, such as Los Angeles.
The Vikings lease with the Metrodome runs through 2011. After that, one Vikings official went as far as to say the team will become a "free agent."
What does everyone think will happen? I’m interested to get feedback.