The Wilf family, owners of the Minnesota Vikings, have put $1 billion into U.S. Bank Stadium, TCO Performance Center in Eagan, and other facilities in Eagan, according to a report.
Vikings vice president Lester Bagley told the Star Tribune that the Wilfs have invested $600 million in U.S. Bank Stadium from the team and private side. They’ve also spent $400 to $500 million in Eagan on the practice facility, the hotel, the medical office building and some residential spaces are coming.
“I think the Wilf family has taken an investment approach to our state, our community and certainly to the Vikings,” Bagley told the Star Tribune.
Another story in the Star Tribune reported that revenue the stadium creates could be more than $250 million by 2023. If that money was used to pay off the $498 million in bonds used by the state to pay for the facility, then it’s possible that U.S. Bank could be paid off in a decade earlier than planned.
US Bank Stadium opened in 2016. The facility has already hosted the Super Bowl, the Final Four and the X Games.