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U.S. Bank Stadium Paid Off Decades Ahead of Schedule
business2 years ago

U.S. Bank Stadium Paid Off Decades Ahead of Schedule

The Minnesota Department of Management and Budget paid off the final $378 million in bond payments for U.S. Bank Stadium, home of the Minnesota Vikings, 23 years earlier than anticipated. The payment was largely created by e-pull tab sales, which initially were slow to take off but brought in enough money in recent years to pay off the bonds. The stadium reserve contributed $366 million, and the state's general fund contributed $12 million. The stadium's perimeter security fence will also be funded by the state.