Look for an announcement in the near future that the naming rights for the new Vikings stadium will go to U.S. Bank.
The word from two sources is that work on a contract for a long-term agreement between the Wilf family and U.S. Bancorp is happening, and unless someone emerges with a much better bid, or the recently announced cost-cutting at U.S. Bank creates a problem, the deal will be an agreement much like the one the Twins made with Target for a 25-year contract, with its worth believed to be between $7million and $10 million per year.
Wells Fargo was thought to be a candidate, but company CEO John Stumpf recently said his bank doesn't have any interest in the naming rights for the Vikings stadium.
Zygi Wilf and his family are very friendly with Richard Davis, the CEO of U.S. Bank, and the relationship got even better recently when Davis played a big part in helping the Vikings obtain the 2018 Super Bowl at the new stadium.
Interest in MLS
Meanwhile, the Wilfs are working hard to get a Major League Soccer franchise for the new stadium, and they are likely the only suitor willing to pay the $80 million cost for an expansion franchise, or to pay the market rate for a new stadium and the rights to move a club from its current home.
And while the Wilfs have been meeting with league officials, Jim Pohlad, CEO of the Twins, also has some interest in landing an MLS team, but that would have no connection with the Twins.
Bill McGuire, owner of the Minnesota United FC in the North American Soccer League, also is interested in an MLS franchise, but it is doubtful he would pay the $80 million price tag to get one.
No coaching contract
Flip Saunders got a raise when he added coaching to his job title along with being Timberwolves president of basketball operations. However, Saunders doesn't have an additional contract to coach.