The Vikings have sold naming rights to their new stadium to U.S. Bank, according to Street and Smith's Sports Business Daily.
Report: U.S. Bank to get naming rights for Vikings stadium
Neither the Vikings nor the bank will comment on the report, but sources said an official announcement is planned for next week.
June 15, 2015 at 4:27PM
The web site reports that the deal will be announced June 22.
According to Sports Business Daily: "The sources added that the deal for what will soon be called U.S. Bank Stadium is for 25 years and $220M – an average of $8.8M per year – around the same total amount as the reported figure Levi's paid to entitle the 49ers' year-old stadium. The deal ends a two-year courtship by the Vikings of Minneapolis-based U.S. Bank, which is the fifth-largest bank in the nation."
Both the bank and the Vikings declined comment on the report.
Richard Davis, the CEO of U.S. Bank, was co-chairman of the committee that appeared in front of National Football League officials last May when Minneapolis was awarded the 2018 Super Bowl.
