One of the country's poorest Native American tribes wants to buy a historically significant piece of land where 300 of their ancestors were killed, but tribal leaders say the nearly $4 million price tag for a property appraised at less than $7,000 is just too much.
The current land owner is trying to sell a 40-acre fraction of the Wounded Knee National Historic Landmark on the Pine Ridge Indian Reservation to the Oglala Sioux Tribe. The land sits adjacent to a gravesite where about 150 of the 300 Lakota men, women and children killed by the 7th Cavalry in 1890 are buried.
Current landowner recently gave the tribe an ultimatum: purchase the land for $3.9 million or he will open up bidding to non-Native Americans.