Sources reported Wednesday that stadium negotiators had dropped the cost of the $1 billion proposed project by nearly $200 million, the Vikings had upped their contribution from $407 million and the state, Ramsey County and the team had resolved who would own and operate the stadium in suburban Arden Hills according to Rochelle Olson and Mike Kaszuba of the Minneapolis Star Tribune.
In addition, they said, an announcement could come later Wednesday.
“You’re headed in the right direction,” said Sen. Doug Magnus, R-Slayton, a Senate co-author of the stadium legislation. Magnus however did not confirm specific figures, but said an announcement could come Wednesday.
Lester Bagley, the Vikings vice president for public affairs and stadium development, said Wednesday “there are no hard and fast numbers. Ideas are being exchanged every day.”