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Monday, February 21, 2005
Not much to add
Minnesota Politics: Stadium thoughts
Red McCombs paid $246 million for the Vikings in 1998. He is selling the team for $625 million in 2005, a gain of 154% in seven years, or about 14% compounded per year. He has also made money every from owning the team, and made $20 million selling Viking Food Service. All in all, he probably made half a billion dollars off this team.
Yes, they are. It's naked, atavistic greed. And we're just foolish enough to go along with the enormous giveaway.
And these people want the taxpayers of Minnesota to foot the bill for a new stadium?
