Wilf puts his money where his mouth is

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 Wilf puts his money where his mouth is  Links3
The Vikings literally busted their budget Wednesday to acquire defensive end Jared Allen. To ensure cash flow in light of Allen's historic $74 million contract, owner Zygi Wilf issued a capital call for just under $20 million to his investment partners, according to people with knowledge of the situation. Without the capital call, the Vikings would have been unable to pay the $16.25 million ... [link]

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WILF MADE CAPITAL CALL TO PAY ALLEN
Published 4/24/2008 by Mike Florio at 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
Published 4/24/2008 by Michael David Smith at 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)
Published 4/24/2008 by Chris at 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) Pacman Jones has been traded to Dallas. Blogging the Boys has all the details. Crane at Arrowhead Addict -- 10 Reasons NOT to Draft Matt Ryan. The KCChiefs.com columnists weight in on the Allen trade. Jared Allen's agent -- "We were the ones chasing. We were the only ones to make a ...

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WILF MADE CAPITAL CALL TO PAY ALLEN

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 ...
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