Minnesota Governor Mark Dayton announced at a press conference today that the state, city of Minneapolis and Minnesota Vikings have an agreement to build the new stadium near where the Metrodome currently is.  The deal is contingent on approval from the Minneapolis city council and Minnesota state legislature.  The stadium will cost approximately $975 Million with the Vikings contributing $427 Million, the city contributing $150 Million and state would pay for $400.

The next step is for this bill to pass through committees at the legislature and it will need approval from the Minnneapolis City Council.  The state’s $400 Million portion would be paid for with electronic pull tabs in bars in this bill.