• Loading stock data...
Thursday, September 18, 2025

Vikings, Minnesota Pay Off Stadium Debt 23 Years Early

  • New tax bill to save Minnesota taxpayers $226 million in interest
  • Consumer embrace of electronic pull-tab games allows for marked acceleration of debt repayment
Jeffrey Becker-USA TODAY Sports

The Minnesota Vikings will be able to pay off debt on their publicly owned home stadium 23 years early, thanks to a new tax bill signed by Gov. Tim Walz.

The legislation will retire $377 million in outstanding stadium bonds for Minneapolis’ U.S. Bank Stadium by the end of June — wiping out debt scheduled to be paid off in 2046 and saving Minnesota taxpayers $226 million in interest.

The stadium, which opened in 2016 and hosted the NFL’s Super Bowl LII in 2018, cost slightly more than $1.1 billion to build. The Vikings and other private sources paid about $620 million, with the state and city combining to supply around $500 million.

State officials were able to retire the stadium debt after tax revenue from legalized, electronic pull-tab games — a key funding source for the facility’s bonds — soared beyond initial projections.

Lester Bailey, Vikings executive vice president of public affairs, called the decision “great news and the latest chapter in a success story that has benefited Vikings fans, the city of Minneapolis, and the state of Minnesota.”

Progress For The Bears

Meanwhile, the Vikings’ NFC North rivals are moving forward with their own stadium plans. 

On Tuesday, the Chicago Bears started the demolition of Arlington International Racecourse, where the team intends to build a domed stadium. The team sought permission for the demolition earlier this month.

Newly installed Bears president Kevin Warren has a link to both NFC North projects, having led the Vikings during the construction of U.S. Bank Stadium.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

ESPN Draws Highest ‘MNF’ Doubleheader Audience Since 2015

Buccaneers–Texans and Chargers–Raiders averaged 13.5 million viewers.
Brian Flores

Brian Flores Says NFL Arbitrator Is Stalling in Discrimination Case

A new filing says the arbitrator has done nothing for a year.
Tush Push

Why Fox’s Dean Blandino Is ‘Done’ With the Tush Push

The NFL rules analyst outlines why the play should be banned.

$3.8 Billion Commanders Stadium Deal Approved Despite Late Drama

A decisive final vote on the stadium followed some last-minute snags.

Featured Today

Adriunna Brown

Business Is Booming for WNBA’s Top Beauty Pros

A network of stylists is shaping how players look, feel, and perform.
Premier Lacrosse League
September 14, 2025

‘The Circus Is Coming to Town’: Why Upstart Leagues Start on Tour

In their ambitious plans, a traveling schedule is only temporary.
PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.
September 13, 2025

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
Apr 11, 2025; Portland, Oregon, USA; Portland Trail Blazers guard Rayan Rupert (21) shoots a jump shot during the second half against Golden State Warriors guard Moses Moody (4) at Moda Center.

Trail Blazers Sale and Ownership Group Finalized, Now Awaiting NBA Approval

Dundon’s ownership group also includes the founders of Panda Express.
Valkyries
September 15, 2025

Valkyries Will Try to Remake Ballhalla 50 Miles Away

Golden State will try to stave off elimination in an unfamiliar environment.
September 15, 2025

Warriors $75M Pitch Fails to Sway Kuminga As Season Looms

Kuminga and his representatives want a long-term deal.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
Sep 8, 2025; Philadelphia, Pennsylvania, USA; New York Mets outfielder Juan Soto (22) runs to first base during the first inning against the Philadelphia Phillies at Citizens Bank Park.
September 12, 2025

The $339 Million Mets Are in Jeopardy of Missing the Playoffs

The Mets’ wild-card lead is 1.5 games with 15 remaining in the regular season.
Sep 10, 2025; Uncasville, Connecticut, USA; Connecticut Sun forward Aaliyah Edwards (8) fights to keep the ball in-bounds during the second half against the Atlanta Dream at Mohegan Sun Arena.
September 12, 2025

Connecticut AG Demands Documents From WNBA About Sun Sale Process

The WNBA reportedly prefers to move the team to Houston.
Mar 3, 2025; Miami, Florida, USA; Miami Heat guard Terry Rozier (2) warms up prior to the game against the Washington Wizards at Kaseya Center.
September 11, 2025

Hornets Cancel Sports Betting Night Vs. Heat Over Terry Rozier Tie-In

Terry Rozier is under federal investigation for point-shaving in a 2023 game when he was on the Hornets.
May 3, 2025; Denver, Colorado, USA; LA Clippers forward Kawhi Leonard (2) controls the ball in the first quarter against the Denver Nuggets during game seven of first round for the 2025 NBA Playoffs at Ball Arena.
September 11, 2025

Clippers Minority Owner Allegedly Invested in Aspiration to Pay Kawhi

Minority investor Dennis Wong allegedly invested in Aspiration as well.