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Vikings stadium will be paid off before 2023 season begins

Mike Florio and Chris Simms assess how much stock to put into the fact the Vikings took out Dalvin Cook from their header photo on Twitter.

The Vikings can soon send the mortgage to Valhalla.

According to Rochelle Olson of the Minneapolis Star Tribune, a new tax bill will dramatically accelerate the process of paying off U.S. Bank Stadium.

Before July 1, $377 million in bonds on the building will be retired, at a savings of $226 million in interest.

The development is “great news and the latest chapter in a success story that has benefited Vikings fans, the City of Minneapolis and the State of Minnesota,” Vikings executive V.P. of public affairs Lester Bagley told Olson. “It is a significant accomplishment that the Vikings have been advocating for several years.”

Olson notes that the Minnesota legislature did not create a permanent maintenance fund for the facility. The Vikings have been lobbying for such a fund for a long time.

The lease requirement the state to keep the building in a “first-class condition.”

The stadium already has been in existence for seven NFL seasons, hosting a Super Bowl and a Final Four and various other events.