U.S. Bank Stadium will be debt-free Monday when the Minnesota Department of Management and Budget (MMB) directs about $378 million to retire the remaining bonds.
Under the bond agreement, this month is the first opportunity for the state to refinance or pay off the remaining debt on the $1.1 billion stadium, which opened in July 2016 in Minneapolis.
"The state is making the most of that opportunity," an MMB statement read.
With the support of Gov. Tim Walz, the Legislature agreed this year to pay off the debt early, mostly by using the cash accrued in the stadium reserve account.