The Minneapolis Star Tribune reports that the Vikings are "backing away" from an agreement to purchase four blocks near the Metrodome from the Star Tribune. The team cited a "turbulent credit market" for the decision.
If a legally a binding agreement existed, the Star-Tribune could have legal rights to relief. The broader question, however, is whether the move is the first step toward an eventual move by the Vikings to Los Angeles. At least one industry source has suggested to us that it could be.
To the extent that the Vikings don't presently enjoy high revenues in their current home, a move to L.A. could change all of that, quickly. The fact that the Vikings are facing their first local blackout in ten years (including a string of 96 straight sellouts) doesn't make the situation any better. The challenges arising from the I-35 bridge tragedy complicate the situation further, because it will be even harder now to marshal public support for taxpayer dollars. ProFootballTalk.com -- The Best Pro Football Scoop on the Internet