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Horner's Vikes plan: Team pays 40 percent

Posted in: Valley News Live Local Sports,
By The Associated Press
Jul 29, 2010 - 1:02:30 PM


MINNEAPOLIS (AP) _ Independence Party gubernatorial candidate Tom Horner is sketching out a plan for a new Vikings stadium that would have the team paying 40 percent of an estimated $900 million project.

Horner tells The Associated Press that the state would pay the rest through a penny-per-drink liquor tax statewide, plus revenue from a racino and a tax on game tickets.

Horner would have the team sign a 40-year lease so that bonds could be spread out over 40 years too. And he says he'd address the issue during next year's legislative session.

The Vikings didn't immediately comment on the plan. Their Metrodome lease expires after the 2011 season.

Democrats and Republicans in the race haven't offered stadium plans.

(Copyright 2010 by The Associated Press. All Rights Reserved.)