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Last Updated: May 9th, 2011 - 08:37:04 |
Red McCombs apparently is getting tired of reading about an imminent sale of his Minnesota Vikings. While McCombs has had the team on the block since 2002, he issued a brief statement Wednesday dismissing a wave of recent reports. While McCombs didn't cite any specific reports, local newspapers have reported McCombs recently entered an exclusive negotiating agreement with Arizona businessman Reggie Fowler. The St. Paul Pioneer Press on Wednesday reported that McCombs had upped his price on the team to $650 million, from $600 million. The paper cited an unnamed "team source." McCombs has never publicly said what he's asking for the team. "None of the media reports concerning the potential sale of the Vikings are correct," said McCombs' two-sentence statement, issued through the Vikings. "I am continuing to work with our staff on preparing the Vikings for the 2005 season." Glen Taylor, a Mankato businessman who owns the Minnesota Timberwolves, has confirmed he's interested in the Vikings but has said McCombs' asking price is too high. Forbes magazine last fall estimated the Vikings' value at $604 million, near the bottom of the magazine's ranking of the 32 NFL teams but far above the $246 million that McCombs paid for the team in 1998. McCombs spent five years pushing for a new stadium to be built in part with public money before the team said last fall that it would abandon the effort. He's said the team can't generate enough revenue in the Metrodome.
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