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Vikings Granted $200 Million for Stadium Loan

On the first day of the NFL meetings, not a lot took place. A lot of headlines and rumors about potential rule changes came from the resort in Washington where the meetings are being held.

However, one thing that did pass through all the NFL owners was granting the Minnesota Vikings a $200 million “G-4” loan for their stadium financing. The new Vikings stadium has been a $975 million project.

The new stadium is still under negotiations on what the design of the facility will look like says owner Mike Wilf. Kevin Seifert reports: “The team also needs to reach a formal agreement with the University of Minnesota on use of the stadium, meaning that work required to make the structure NFL-ready will likely take place after the school’s 2013 football schedule is completed.”

The Vikings will play their last season in the current Metrodome in 2013, and will make their first appearance in the new stadium in the 2014-2015 season.

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Brandon Sweeney is Co-Editor of the Sports Gab Network. Sweeney became interested in writing in 2010 and slowly started his climb to success. You can follow Sweeney on Twitter ; on Facebook ; on Sulia and on Google+

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