$975M Vikings Stadium May Be Delayed By Agency Probe

Law360, New York (August 23, 2013, 2:31 PM ET) -- A tight construction timeline for the Minnesota Viking's new $975 million stadium has allegedly been jeopardized by the team's owners, who stopped negotiations while the Minnesota Sports Facilities Authority probes a recent New Jersey fraud lawsuit they lost, the agency said Friday.

The Wilfs — brothers Zygi and Mark, and their cousin Leonard — have refused to continue final negotiations on the use agreement and development agreement for the stadium project while the MSFA conducts a due diligence review of how the Vikings owners' recent loss...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers