2014 DRAFT GUIDE
Vikings owners face $84.5M fine in NJ case

By PATRICK CONDON - Associated Press
    2013-09-23 19:06

ST. PAUL, Minn. (AP) - A judge in New Jersey on Monday ordered Minnesota Vikings owners Zygi and Mark Wilf and their cousin Leonard Wilf to pay $84.5 million to two former business partners who she previously ruled they had defrauded in a 1980s real estate deal.

The ruling from Superior Court Judge Deanne Wilson covered compensatory and punitive damages to plaintiffs Josef Halpern and Ada Reichmann. It also includes a redistribution of real estate profits dating to the lawsuit's initial filing, in 1992. Attorneys for the Wilfs promised an appeal.

Wilson ruled last month that the Wilfs had committed fraud, breach of contract and breach of fiduciary duty, and violated the state's civil racketeering laws. In a stinging rebuke, Wilson said then that Zygi Wilf demonstrated ``bad faith and evil motive'' in his trial testimony.

``We believe this decision will not stand on appeal,'' said Peter Harvey, an attorney for the Wilfs. He, along with Vikings spokesman Lester Bagley, once again vowed the legal troubles would have no bearing on the Wilfs' ability to meet the Vikings' $477 million commitment on the $1 billion football stadium planned for downtown Minneapolis.

Zygi Wilf leads an ownership group, which includes Mark Wilf, that bought the Vikings in 2005 for $600 million.

Democratic Gov. Mark Dayton pushed hard for taxpayer funding of the stadium and often stood with the Wilfs at news conferences. But after Wilson's first ruling, Dayton said the lawsuit highlighted business practices by the Wilfs that ``are far from the legal standards for doing business in Minnesota.''

The Minnesota Sports Facilities Authority, which is supervising the stadium project, quickly launched a review of the Wilfs' finances and legal troubles, to ensure they could still meet the Vikings' $477 million commitment to the nearly $1 billion stadium. Taxpayers are covering the rest.

That review wrapped up earlier this month and found the Wilfs should have no problem meeting their commitment even in the face of the heaviest possible fines. The attorney who conducted the review described the Wilfs' wealth as ``significant.''

The team is also eligible for an NFL loan of up to $200 million, and the stadium legislation lets them receive money from stadium naming rights and from seat licenses for season-ticket holders.

Halpern, of Brooklyn, N.Y., and his sister Reichmann, of Toronto, had said the Wilfs cheated them out of their share of profits from a 764-unit apartment complex in Montville, N.J. Halpern had been the complex's longtime manager.

An attorney for Halpern did not immediately return an email from The Associated Press seeking comment on the ruling.

The stadium authority's review of the Wilfs' legal troubles raised one red flag: that under New Jersey law, the civil verdict could trigger criminal investigations by state or county prosecutors in the state. But Harvey said such criminal probes of civil verdicts are extremely rare.

``While it may be an area of curiosity, as a matter of fact it just doesn't happen,'' Harvey said. He predicted that the long-running case would probably not be resolved by the planned 2016 opening of the new stadium.

``The stadium will be built and there will be an opening kickoff long before this is decided by the appellate court and likely, the New Jersey Supreme Court,'' Harvey said. ``It has no impact on stadium construction.''

Fantasy Football Player Notes RSS FeedPLAYER NOTES

Chris JohnsonNov 24 05:53p

New York Jets RB Chris Johnson will receive work on third downs, because RB Bilal Powell (illness) has been declared inactive for Week 12.

Fred JacksonNov 24 05:43p

Buffalo Bills RB Fred Jackson (groin) is active for the team's Week 12 game.

Bilal PowellNov 24 05:43p

The New York Jets have declared RB Bilal Powell, OL Dakota Dozier, DE IK Enemkpali, CB Josh Thomas, QB Matt Simms, WR Walter Powell, OG Wesley Johnson inactive for Week 12.

Cyrus KouandjioNov 24 05:33p

The Buffalo Bills have declared DE Bryan Johnson, OT Cyrus Kouandjio, FB Frank Summers, DL Jarius Wynn, TE MarQueis Gray, WR Marquise Goodwin, LB Randell Johnson inactive for Week 12.

Eric BerryNov 24 05:13p

The Kansas City Chiefs placed SS Eric Berry (illness) on the Non-Football Illness list Monday, Nov. 24, according to a source. Berry will miss the rest of the season.

Eric BerryNov 24 05:13p

Kansas City Chiefs SS Eric Berry (illness) underwent an MRI on his chest, which revealed a mass in his chest. The team believes he has lymphoma, but there is no definite diagnosis.

R. Griffin IIINov 24 03:33p

Washington Redskins QB Robert Griffin III will start Sunday, Nov. 30, against the Indianapolis Colts, according to head coach Jay Gruden.

Jay FeelyNov 24 03:33p

Free-agent PK Jay Feely (Cardinals) will visit the Denver Broncos Tuesday, Nov. 25, for a kicking audition, according to sources.

Vernon DavisNov 24 01:53p

San Francisco 49ers TE Vernon Davis had three catches for just 21 yards in the team's Week 12 win over the Washington Redskins, and that came after he had [ More ]

Ryan MallettNov 24 01:13p

Houston Texans QB Ryan Mallett (pectoral) is expected to miss the rest of the season because of the pectoral injury he suffered in Week 12.

Tony RomoNov 24 12:43p

Dallas Cowboys QB Tony Romo (back) went 18-for-26 for 275 yards and four touchdowns in Week 12 against the New York Giants, and he didn't show any signs of [ More ]

Shane VereenNov 24 12:33p

New England Patriots RB Shane Vereen had a team-high 62 snaps in the team's Week 12 win over the Detroit Lions, but RB LeGarrette Blount had 17 snaps and [ More ]

C.J. AndersonNov 24 12:23p

Denver Broncos RB C.J. Anderson rushed 27 times for 167 yards and a touchdown in the team's Week 12 win over the Miami Dolphins, and it was the most [ More ]

Alfred MorrisNov 23 11:52p

Washington Redskins RB Alfred Morris averaged 6.0 yards per attempt on 21 carries in the Week 12 game against the San Francisco 49ers. It was his first 100-yard game [ More ]

Larry FitzgeraldNov 23 10:32p

Arizona Cardinals WR Larry Fitzgerald's (knee) sprained knee did not respond as hoped before the Week 12 game against the Seattle Seahawks, so he was inactive. He could well miss more games.

Doug MartinNov 23 10:23p

Tampa Bay Buccaneers RB Doug Martin (ankle) returned to the lineup in Week 12 against the Chicago Bears. He carried 11 times for 27 yards. He was sidelined for [ More ]

Michael FloydNov 23 10:22p

Arizona Cardinals WR Michael Floyd was targeted twice in the Week 12 game against the Seattle Seahawks, but he did not record any catches or offensive statistics.

DeAndre HopkinsNov 23 09:33p

Houston Texans WR DeAndre Hopkins posted five receptions for 39 yards in Week 12 against the Cincinnati Bengals. He is now over 100 receptions for the first time in his career.

Jorvorskie LaneNov 23 09:33p

Tampa Bay Buccaneers FB Jorvorskie Lane (ankle) was carted off in the second quarter of the Week 12 game against the Chicago Bears due to what head coach Lovie [ More ]

Mike EvansNov 23 09:33p

Tampa Bay Buccaneers WR Mike Evans had three receptions for 47 yards and a touchdown in the Week 12 game against the Chicago Bears. He has now scored at [ More ]

Ryan MallettNov 23 09:33p

Houston Texans QB Ryan Mallett (pectoral) suffered a pectoral injury in the Week 12 game against the Cincinnati Bengals, and he will go for an MRI. He might miss [ More ]

A.J. GreenNov 23 09:22p

Cincinnati Bengals WR A.J. Green posted a career-high 12 receptions for 121 yards in Week 12 against the Houston Texans. 'It's just one of those days when you just [ More ]

Andre SmithNov 23 09:22p

Cincinnati Bengals OT Andre Smith (triceps) suffered a partially torn triceps muscle in the Week 12 against the Houston Texans. He will go for an MRI Monday, Nov. 24.

T Y HiltonNov 23 08:02p

Indianapolis Colts WR T.Y. Hilton was up early Sunday, Nov. 23, for the birth of his daughter, and he promised a touchdown. After his wife delivered their child, he [ More ]

Eddie LacyNov 23 08:02p

Green Bay Packers RB Eddie Lacy (illness) ran 25 times for 125 yards and a touchdown in the Week 12 game against the Minnesota Vikings, and he added two [ More ]

Andrew LuckNov 23 08:02p

Indianapolis Colts QB Andrew Luck completed 21 of his 32 passes for 253 yards and a touchdown in Week 12 against the Jacksonville Jaguars. He also ran eight times [ More ]

Charles JohnsonNov 23 08:02p

Minnesota Vikings WR Charles X. Johnson had three receptions for a team-high 52 yards and a touchdown in the Week 12 game against the Green Bay Packers.

Greg JenningsNov 23 08:02p

Minnesota Vikings WR Greg Jennings (rib) had four receptions for 38 yards and a touchdown in the Week 12 game against the Green Bay Packers, his former team. It [ More ]

C. PattersonNov 23 08:02p

Minnesota Vikings WR Cordarrelle Patterson (ankle, knee) left the Week 12 game against the Green Bay Packers due to ankle and knee injuries.

LeGarrette BlountNov 23 06:52p

New England Patriots RB LeGarrette Blount carried 12 times for a team-high 78 yards and two touchdowns in the Week 12 game against the Detroit Lions after re-signing with the team this week.

Golden TateNov 23 06:52p

Detroit Lions WR Golden Tate had four receptions for 97 yards in Week 12 against the New England Patriots. He went over 1,000 yards receiving for the first time in his career.

Jonas GrayNov 23 06:52p

New England Patriots RB Jonas Gray did not play in the Week 12 game against the Detroit Lions after he did not report to the team's facility Friday, Nov. [ More ]

RSS Feeds

NFL News:
 
Player Notes:
 
Forum Posts:
 

© 2014 RealTime Fantasy Sports, Inc.
Email Us  ·  Call Us 636.447.1170  ·  Lost Password
Advertising represented by USA Today Sports Media Group