The Minnesota Vikings are one of the most well-known teams in the National Football League (NFL), with a passionate fan base and a history of competitive play. Since their founding in 1960, the team has gone through various ownership changes. But who owns the team today? This article explores the ownership of the Minnesota Vikings, focusing on the Wilf family, their business background, and their impact on the franchise.
The Minnesota Vikings are one of the most recognized teams in the National Football League (NFL), known for their passionate fan base and competitive history. Since their founding in 1960, the team has seen several changes in ownership. Today, the team is owned by the Wilf family, led by principal owner Zygi Wilf. This article provides an in-depth look at the ownership of the Vikings, the Wilf family’s background, and how their leadership has shaped the franchise.
Who Owns the Minnesota Vikings?
The Minnesota Vikings are owned by Zygi Wilf and his family, who purchased the team in 2005 for $600 million from Red McCombs. The ownership group includes:
- Zygi Wilf – Majority owner and principal owner
- Mark Wilf – Team president and co-owner
- Leonard Wilf – Vice chairman and co-owner
Since acquiring the team, the Wilfs have invested significantly in its success, both on and off the field, including major infrastructure projects and roster improvements.
The Wilf family has controlled the franchise since 2005, after purchasing the team from Red McCombs for $600 million. Under their leadership, the team has undergone major transformations, including the construction of U.S. Bank Stadium and consistent improvements to the team’s performance and operations.
Who is Zygi Wilf?
| Full Name | Zygmunt “Zygi” Wilf |
| Born | April 22, 1950, in West Germany to Holocaust survivor parents. |
| Education | Graduated from Fairleigh Dickinson University and earned a law degree from New York Law School. |
| Business Background | Wilf is a real estate developer and CEO of Garden Homes, a company specializing in apartment buildings and retail spaces. |
Zygmunt “Zygi” Wilf was born on April 22, 1950, in West Germany to Jewish parents who survived the Holocaust. His family later moved to the United States, where he pursued his education. Wilf graduated from Fairleigh Dickinson University and earned a law degree from New York Law School. Instead of practicing law, he joined the family real estate business, Garden Homes, a prominent development company specializing in apartment buildings, retail centers, and residential communities.
Purchasing the Vikings
- The Wilf family bought the Vikings in 2005 for $600 million, outbidding other potential buyers.
- Red McCombs, the previous owner, was looking to sell due to financial constraints.
- The NFL approved the sale, and Zygi Wilf took control as the principal owner.
- Since purchasing the team, the Vikings’ value has grown significantly, now worth over $4 billion.
In 2005, Zygi Wilf and his family bought the Vikings from Red McCombs for $600 million, outbidding other potential buyers. At the time, the franchise was struggling both financially and competitively. The purchase was approved by the NFL, and Wilf took control as the principal owner. Since then, the Vikings’ value has surged to over $4 billion, making them one of the most valuable franchises in the league.
The Wilf Family’s Impact on the Vikings
1. Building U.S. Bank Stadium
One of the biggest accomplishments under Wilf’s ownership was the construction of U.S. Bank Stadium, which opened in 2016. The project, which cost $1.1 billion, replaced the aging Metrodome and gave the Vikings a state-of-the-art home. The stadium has since hosted major events, including Super Bowl LII in 2018 and the NCAA Final Four in 2019.
- One of the biggest accomplishments under Wilf’s ownership was the construction of U.S. Bank Stadium, which opened in 2016.
- The stadium cost $1.1 billion and replaced the aging Metrodome.
- It has hosted events such as Super Bowl LII (2018) and the Final Four (2019).
2. Strengthening the Team
The Wilf family has invested heavily in improving the Vikings roster and coaching staff. Notable moves include:
- Hiring head coaches like Mike Zimmer and Kevin O’Connell, who have led the team to playoff appearances.
- Developing a competitive team with standout players such as Kirk Cousins, Justin Jefferson, and Dalvin Cook.
- Making multiple playoff appearances, including a run to the NFC Championship Game in 2017.
3. Expanding Business Operations
Beyond player investments, the Wilfs have expanded the Vikings’ business operations. In 2018, they opened the TCO Performance Center, a state-of-the-art training facility that ranks among the best in the NFL. This facility has strengthened the team’s appeal to free agents and improved player development. Expanded the team’s influence in the Minnesota sports community and NFL business operations.
How Much Are the Vikings Worth?
Since the Wilf family took over, the Vikings’ value has grown substantially:
- 2005 Purchase Price: $600 million
- Current Value: Over $5.05B (as of 2024, according to Forbes)
- Revenue Growth: Increased through stadium deals, sponsorships, and TV rights
Other Investors in the Vikings
While Zygi Wilf is the majority owner, the Vikings also have other stakeholders, including Mark Wilf (team president) and Leonard Wilf (vice chairman). The Wilf family is known for its long-term commitment to the team, ensuring that the Vikings remain competitive for years to come.
References
To ensure accuracy, here are some sources on the ownership of the Vikings:
| Source |
|---|
| NFL Official Website |
| Minnesota Vikings Official Site |
| Forbes – Minnesota Vikings Valuation |
| ESPN – Vikings News |
| Sports Business Journal |
Conclusion
The Minnesota Vikings are owned by Zygi Wilf and the Wilf family, who purchased the team in 2005. Since taking over, they have transformed the franchise, building U.S. Bank Stadium, improving team performance, and significantly increasing the team’s value. Zygi Wilf, a successful real estate developer, has used his business expertise to make the Vikings one of the most stable and competitive teams in the NFL. With their long-term vision and commitment to success, the Wilf family remains dedicated to the future of the Vikings.