mnsportsgeek
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Looks like we found out how we can afford PJ! All in all, a nice pay day for the U. Not sure where the money goes though. Does it go to the athletic department or the general fund?
Minnesota United FC will pay the University of Minnesota at least $1 million to play its inaugural season at TCF Bank Stadium while the Loons’ new stadium is being built in St. Paul.
The contract is a lot cheaper than the deal between the University and the Minnesota Vikings, which paid at least $300,000 per game for the two seasons it spent at TCF while its $1.1 billion home was under construction in downtown Minneapolis.
Altogether, the Vikings paid about $3 million per season, or three times the minimum payment guaranteed in the new contract with the soccer team. United must pay the University $40,000 per game in rent, plus cover nearly $200,000 in estimated gameday expenses. The U also is entitled to collect $1 per ticket, which is expected to generate another $20,000 per game in fees.
http://www.startribune.com/united-fc-will-pay-u-at-least-1m-to-use-tcf-bank-stadium/415282134/
Minnesota United FC will pay the University of Minnesota at least $1 million to play its inaugural season at TCF Bank Stadium while the Loons’ new stadium is being built in St. Paul.
The contract is a lot cheaper than the deal between the University and the Minnesota Vikings, which paid at least $300,000 per game for the two seasons it spent at TCF while its $1.1 billion home was under construction in downtown Minneapolis.
Altogether, the Vikings paid about $3 million per season, or three times the minimum payment guaranteed in the new contract with the soccer team. United must pay the University $40,000 per game in rent, plus cover nearly $200,000 in estimated gameday expenses. The U also is entitled to collect $1 per ticket, which is expected to generate another $20,000 per game in fees.
http://www.startribune.com/united-fc-will-pay-u-at-least-1m-to-use-tcf-bank-stadium/415282134/