Minneapolis and U.S. Bank Stadium will host a "major sporting event" to be announced in Minneapolis Wednesday morning.
The speculation is that the event will be ESPN's X Games, the summer version, in both 2017 and 2018.
As reported in May, Minneapolis and U.S. Bank Stadium operator SMG submitted a bid to bring the X Games to Minnesota in each of the next two summers.
Scott Romane, executive director of Sports Minneapolis, an arm of the city's convention bureau, said earlier that the winning bid likely would be announced by July.
This year's X Games were in Austin, Texas, in June.
The event, featuring skateboarding, BMX and Moto X competitions, targets millennials, an age group Romane said the city is "very eager to attract."
Some 200 athletes participate in the games, with more expected for exhibition events that could include activities on the nearby Mississippi River, Romane said.
The event, which stretches over four days, is also a cultural, music, arts and film showcase "very focused on a young, youthful lifestyle," he said.