Stadium agreements on authority agenda

Stadium agreements on authority agenda Click to Enlarge Photo:

Oct 3, 2013 at 5:49 am

MINNEAPOLIS, Minn. (AP) Managers for the planned Minnesota Vikings stadium are ready to reveal fees facing fans and other aspects of the team's end of financing.

Two key agreements governing the stadium were on Thursday's agenda for the Minnesota Sports Facilities Authority.

One is expected to show how much the Vikings can charge fans for the right to buy a season ticket. Those are known as personal seat licenses. Not all seats in the stadium are likely to be covered, but the premium spots probably will be.

The Vikings must come up with $477 million in private funds toward the $975 million stadium, and the seat licenses are one avenue they might use.

The agreements almost certainly will bind the team to a lease of 30 years or more.

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