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Gov. Signs Bill for $975M New Vikings Stadium

MINNEAPOLIS-After some contentious negotiations with the state, the football team, owned by the Wilf family, hopes to be in the new stadium here at the Metrodome site by 2016.

By Robert Carr | Updated on May 14, 2012

MINNEAPOLIS-Zygi Wilf, a New Jersey real estate developer who also happens to own the Minnesota Vikings football team, said it was a great day here Monday when Gov. Mark Dayton signed a $975 million new stadium bill into law. However, he also said it’s now time to go to work, “now we have to build it,” he said during the signing ceremony at the state capital.

“It’s a great day for all Minnesota, that all generations can keep on cheering for the Vikings,” said Wilf, as the bill guarantees the team will stay another 30 years. The fight started seven years ago when Wilf bought the team, and he maintains that the state of the 30-year-old Metrodome hurts profits. Now, the Metrodome will be razed, and a new 65,000-seat stadium likely opening for the 2016 football season (with a Superbowl hosting likely following).

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