Ramsey County last week released a revised plan for a new Minnesota Vikings professional football stadium that relies on parking revenue, naming rights, an admission fee and hospitality taxes to cover its $300 million share of the $1.1 billion price tag.
The state and team would cover the remaining expenses. The county – in partnership with the team – originally floated a sales tax increase to fund its share, but state lawmakers threw cold water on that revenue stream by saying a voter referendum would likely be needed.
The team said it could not support the new proposal because it had anticipated benefiting from some of the proposed revenue sources. Minneapolis is competing with Ramsey County to host the new stadium. The Vikings currently play in the Hubert H. Humphrey Metrodome in Minneapolis.