Why are the St. Paul and Hennepin Co./Minneapolis Proposals So Preposterous?
Stadium construction costs are too high for a franchise valued at $148 million, therefore using our 20% public / 40% team owner / 40% business & frequent fans venture funding formula would require an owners contribution that would produce an unreachable new franchise market value target Few private investment opportunities due to stadium site limitations Revenue streams minimized due to stadium site limitations (i.e. parking revenues to team are minimal, while surrounding businesses will benefit from the Twins fans and other patrons attending stadium events, the Twins will derive little benefit from before or after game spending by the people they attracted to the stadium area. How Building a Twins Ballpark as Part of an Adjoining Stadiums Complex in Eden Prairie or on a Similar Site Can Fix Things The cost of the new Twins ballpark can be reduced to $350-$400 million as part of an Adjoining Stadiums complex The Twins and Vikings would share the Metrodomes asset value Plenty of new pri
