Green Bay Packers Forum

Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Options
Go to last post Go to first unread
Offline Pack93z  
#1 Posted : Tuesday, September 24, 2013 11:38:34 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 436
Applause Received: 1,208
I am sure that this is just a misunderstanding.. lol.

DeadSpin said:
The owners of the Minnesota Vikings were ordered to pay nearly $85 million in damages to former business partners they defrauded with "evil motive", and will face a criminal investigation into their actions, which a judge declared violated racketeering laws. There's a chance this ruling could hold up plans for a new Vikings stadium.

Zygi Wilf, the majority owner of the team, and his brother Mark and cousin Leonard were found liable for fraud, breach of contract, and breach of fiduciary duty, for their roles in scamming former partners out of the profits of a New Jersey apartment complex. The Wilfs withheld revenues and charged unauthorized fees and interest payments for decades. "Organized crime-type activities," the judge called them, finding they violated the state's RICO act.

"Zygi and his father decided...that the Reichmanns had gotten too good a deal," Superior Court Judge Deanne Wilson declared. "And so they were just simply not going to honor it."

Yesterday, the judge ruled on damages. The Wilfs must pay a whopping $84.5 million, including $36.8 million in punitive damages. Under New Jersey law, the case will now be sent to the county prosecutor and state attorney general for a criminal investigation.

More...
Offline Pack93z  
#2 Posted : Tuesday, September 24, 2013 11:40:51 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 436
Applause Received: 1,208
One of the judges statements:


Quote:
"I do not believe I have seen one single financial statement that is true and accurate."
Offline Pack93z  
#3 Posted : Tuesday, September 24, 2013 11:43:51 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 436
Applause Received: 1,208
More... I kinda feel for the true purple Viking fans.. they seem to get the shaft over and over.

Quote:
Even if the Wilfs are good for it, it's bad news for a stadium deal that went sour almost immediately. Minnesota promised taxpayers wouldn't feel the brunt of the state's contributions because they would come from the proceeds of electronic gambling machines, which were projected to haul in $35 million over the first year. They earned the state $0, and some politicians are demanding an investigation.


Here is a segment of that article on the would be investigation...

Quote:

A state senator and ardent critic of the public financing plan for the new Vikings stadium wants Minnesota lawmakers to investigate failed revenue projections for the project.

The state's $348 million piece of the $975 million stadium project in downtown Minneapolis was to be driven by increased tax revenue from the new, electronic forms of pull-tabs and bingo. Current projections show the electronic games will bring in $1.7 million by the end of 2013 -- just 5 percent of the original estimates.

Sen. Sean Nienow, R-Cambridge, wrote a letter to Sen. Dick Cohen, DFL-St. Paul, the chairman of the Senate Finance Committee, asking for hearings on the matter.

"I was skeptical from the beginning on Governor Dayton's estimates of money that would be generated from electronic pull-tabs. Now we're seeing his estimates are completely off, not even remotely close," Nienow wrote.

The stadium financing package was passed last year with bipartisan support. Republicans were in control of both the House and the Senate at the time, and DFL Gov. Mark Dayton signed it into law.
Offline Cheesey  
#4 Posted : Thursday, September 26, 2013 12:29:25 PM(UTC)
Rank: Honored Member

United States
Joined: 7/28/2008(UTC)
Applause Given: 727
Applause Received: 851
This in from "Cheesey News".........

"The Wilfs, in an attempt to end the conflict with their ex-business partners, agreed to give complete ownership of the Minnesota Vikings to the ex-partners.
The ex-partners said "NO WAY!!!! We want something of VALUE!"
[grin1]
thanks Post received 4 applause.
hardrocker950 on 9/26/2013(UTC), Pack93z on 9/26/2013(UTC), SINCITYCHEEZE on 9/26/2013(UTC), Porforis on 10/10/2013(UTC)
Rss Feed 
Users browsing this topic
Guest
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Notification

Icon
Error


Fan Shout
Zero2Cool (6h) : Today's Birthdays: yinzer (59)
Zero2Cool (11h) : Why not
hardrocker950 (20h) : Just wonderful - my pick em didn't register....
beast (29-Sep) : I'm not sure if it's still true, but it used to be hard to get sacks on Eli because he'd toss one up when linemen got semi-close (which lead
Zero2Cool (29-Sep) : Slam Eli a lot very early. Once rattled he can't regain composure.
beast (29-Sep) : since slot WRs might be the Packers strength depth/talent wise
beast (29-Sep) : With AR's passing % down field so low, I've been saying they should go with short passes like the Pats used to do, especially since slot WRs
beast (29-Sep) : What's going to be needed against the Giants is OL and DBs (IMO)
Smokey (28-Sep) : Cook(TE) has time to heal, but may not be needed against NYG on Oct 9th .
Zero2Cool (27-Sep) : . Aaron Rodgers has a completion percentage of 33.3 on 10+ air yard passes this season (tied for the lowest in NFL).
Zero2Cool (27-Sep) : High-ankle sprain could sideline Cook
Zero2Cool (26-Sep) : Odell Beckham Jr, Dez Bryant, Alshon Jeffery and Julio Jones on tap for Packers. Yippie.
Cheesey (26-Sep) : Arnold Palmer was a class act all around. RIP
Smokey (26-Sep) : Rest in Peace Arnold Palmer, you blessed us all .
hardrocker950 (26-Sep) : What a strange weekend of football
jdlax (26-Sep) : What's up, friends? It's like bizzaro world right now trailing the Vikings. Blah.
GoPack1984 (25-Sep) : Ryan Fitzpatrick threw 6 interceptions!
TheKanataThrilla (25-Sep) : Cleveland loses.
The_Green_Ninja (25-Sep) : I swear, Jacksonville's hot weather must be a huge advantage. Kept it super close with the Ravens
TheKanataThrilla (25-Sep) : Su'a Cravens with a big INT. A guy I wanted.
TheKanataThrilla (25-Sep) : Can Cleveland win?
Zero2Cool (25-Sep) : T.J. Lang said after one of Aaron Rodgers' TD passes the Packers quarterback head-butted Lang in excitement and said "I'm back."
Zero2Cool (25-Sep) : Terrelle Pryor could see snaps at quarterback
Zero2Cool (25-Sep) : inactives 6 Callahan 37 Shields 42 Burnett 52 Matthews 68 Murphy 95 Jones 98 Guion
Mucky Tundra (25-Sep) : GET HYPE
Zero2Cool (25-Sep) : Packers aim to showcase speed of Ty Montgomery, Trevor Davis
Zero2Cool (25-Sep) : CB Quinten Rollins will start for Shields. Micah Hyde for Burnett. Julius Peppers for Matthews. Kenny Clark for Guion.
Tezzy (25-Sep) : Probably will not be on the top of the Pick'Em leaderboard after today, soaking it in beforehand
Tezzy (25-Sep) : Foosball!
yooperfan (25-Sep) : Game day, tee it up and get this show on the road!
dyeah_gb (25-Sep) : Dyeah! Go Pack!
buckeyepackfan (25-Sep) : GOOD MORNING PACKER FANS! GAMEDAY! GO! PACK! GO!
flep (25-Sep) : Gameday!!! Will see you all in chat later
The_Green_Ninja (25-Sep) : Also, I'm not sure if you guys know. I'm a Memphis Tigers fan. Start looking a Riley Ferguson, QB. He is the real deal.
The_Green_Ninja (24-Sep) : Big whoop, we have Aaron. We are going to win. H8ers.
Please sign in to use Fan Shout

Road To Super Bowl LI
Sunday, Sep 11 @ 12:00 PM
at Jaguars
Sunday, Sep 18 @ 7:30 PM
at Vikings
Sunday, Sep 25 @ 12:00 PM
LIONS
Sunday, Oct 2 @ 12:00 AM
BYE
Sunday, Oct 9 @ 7:30 PM
GIANTS
Sunday, Oct 16 @ 3:25 PM
COWBOYS
Thursday, Oct 20 @ 7:25 PM
BEARS
Sunday, Oct 30 @ 12:00 PM
at Falcons
Sunday, Nov 6 @ 3:25 PM
COLTS
Sunday, Nov 13 @ 12:00 PM
at Titans
Sunday, Nov 20 @ 7:30 PM
at Redskins
Monday, Nov 28 @ 7:30 PM
at Eagles
Sunday, Dec 4 @ 12:00 PM
TEXANS
Sunday, Dec 11 @ 3:25 PM
SEAHAWKS
Sunday, Dec 18 @ 12:00 PM
at Bears
Saturday, Dec 24 @ 12:00 PM
VIKINGS
Sunday, Jan 1 @ 12:00 PM
at Lions

Think About It
Think About It

Recent Topics
3h / Green Bay Packers Talk / beast

7h / Green Bay Packers Talk / Smokey

8h / Around The NFL / Smokey

12h / Green Bay Packers Talk / yooperfan

21h / Green Bay Packers Talk / steveishere

29-Sep / Green Bay Packers Talk / wpr

29-Sep / Green Bay Packers Talk / nerdmann

29-Sep / Green Bay Packers Talk / blueleopard

29-Sep / Around The NFL / Mucky Tundra

29-Sep / Green Bay Packers Talk / DarkaneRules

29-Sep / Fantasy Sports Talk / Smokey

29-Sep / Green Bay Packers Talk / wpr

29-Sep / Green Bay Packers Talk / blueleopard

28-Sep / Green Bay Packers Talk / The_Green_Ninja

28-Sep / Green Bay Packers Talk / DoddPower


Packers Headlines