NFL to loan $200M to Vikes for new stadiumPublished 7:58am Wednesday, March 20, 2013
MINNEAPOLIS — The National Football League team owners have approved a $200 million loan to the Minnesota Vikings for the team’s new $975 million stadium in downtown Minneapolis.
The loan will be part of the $477 million the Vikings will contribute toward the stadium.
The loan is the maximum amount the league will give a team building a new stadium. It will be paid back over the next 15 years, with some of the money coming through visiting teams’ share of club seat revenue in the new stadium.