Reference no: EM132865529
Read the articles below that describe the negotiation process between the Vikings and Minneapolis, St. Paul, and the state of Minnesota. As you read through the articles, think about our discussions on public subsidies and economic impact. Take note of the role played by Zygi Wilf, Roger Goodell, and the Minneapolis City Council. Respond in a single narrative rather than answering each question separately.
1. How does the Vikings stadium deal illustrate the monopoly powers of the NFL?
2. What would you expect the economic impact of the new stadium to be? Compare to Vikings statements about the impact.
3. How might the Arden Hills site have fit with Wilf's portfolio of real estate management?
4. In your opinion, if a municipality committed to building a stadium, would you prefer the usage of pull-tabs and gaming devices or a tax increase? Why?
5. After agreeing upon the stadium deal, Forbes increased the value of the Vikings by 22%. Explain financially why the value of the franchise would increase.