Minnesota Vikings Owner Sued In Real Estate Development Deal

The owners of the Minnesota Vikings are well known for their history of success in the real estate market. It’s that kind of knowledge that they have brought to the new Minnesota multi-purpose stadium. In fact, the Wilf family has been continuously pumping money into the new facility.

But, as lucrative as the real estate market can be, it can also be very dangerous and litigious. Lawsuits can fly out of nowhere in that industry, and while some of them have merit, others aren’t quite as substantial. Vikings owner Zygi Wilf found himself as the defendant in a lawsuit recently regarding one of his transactions in New Jersey.

According to an article on app.com, here are the details of the case:

"“The lawsuit, filed on behalf of the Estate of Meyer Gold, alleges that Wilf, who has power of attorney for his father, cut Meyer Gold, part of a general partnership called Amchu with Joseph Wilf, out of a lucrative real estate deal in Fairfield involving 122 adult residential units.”"

Dec 1, 2013; Minneapolis, MN, USA; Minnesota Vikings head coach Leslie Frazier talks with owner Zygi Wilf before the game with the Chicago Bears at Mall of America Field at H.H.H. Metrodome. Vikings win 23-20 in overtime. Mandatory Credit: Bruce Kluckhohn-USA TODAY Sports

While lawsuits are always a serious matter, these types of cases can be even more dramatic because of the sheer amount of money that is involved in them. However, according to Peter Harvey (the lawyer for Zygi Wilf), they don’t seem too concerned with the merits of this suit.

According to app.com, Harvey had this to say about the lawsuit:

"“The Wilfs can’t stop anyone from filing a lawsuit as ridiculous or meritless as it might be, and this one is both.”"

This lawsuit should have little to no impact on the Minnesota Vikings and the stadium that is being built in Minnesota. But even as a Vikings fan, I hate seeing the people that own the team be involved in a lawsuit like this because it could give people the wrong impressions about the team’s leadership and structure.

Hopefully, this legal matter is taken care of quickly and it clears the Wilf family of any wrong doing, for both Zygi’s sake and the pride of the Minnesota Vikings.

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