WILF MADE CAPITAL CALL TO PAY ALLEN
ProFootballTalk.com —
The recent acquisition of defensive end Jared Allen required the guy who writes to checks to ask his partners to write some checks. According to the Minneapolis Star Tribune , owner Zygi Wilf made a capital call to his partners of just under $20 million, to cover the Allen signing bonus of $15,500,069. In other words, the team didn’t have the cash on hand to pay Allen. The move serves only to highlight the high-risk/high-reward nature of the undertaking for a team that was/is desperate to enhance a stifling run defense with a top-notch pass rush. Though the trade can be ...
Vikings Called Investors, Lacked Cash on Hand to Pay Jared Allen Signing Bonus
FanHouse —
... That news, first reported by the Star-Tribune, demonstrates that revenues are relatively low for the Vikings, and that Wilf and his investment partners sometimes have to pump the franchise up with their own cash. That doesn't mean the Vikings are a money-losing operation, but it does mean that they're not as flush as most NFL teams. ...
Morning Update (Inevitability Edition)
Arrowhead Pride —
... I apologize for the downtime yesterday evening and night. Thank you for your patience.
Wow. The Vikings owner had to borrow money for Jared Allen's signing bonus. (H/T The Football Wire)
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Jared Allen's agent -- "We were the ones chasing. We were the only ones to make a ...
