Opinion editor's note: Editorials represent the opinions of the Star Tribune Editorial Board, which operates independently from the newsroom.
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Minnesota House and Senate bills that would have allocated $50 million in one-time funding to lure major sports events to the state likely won't pass at that funding level this year. The House reduced its request to $6 million, and Gov. Tim Walz has $6 million in his revised budget. But the Senate didn't include anything for the effort.
Lawmakers should consider a larger amount during upcoming conference committee talks, even if the $50 million request is not resuscitated.
The Star Tribune Editorial Board has long maintained that Minnesota should invest public dollars in sports and events marketing largely because of the economic activity that they generate. When hundreds or thousands of fans come here, local communities profit as hotels, restaurants and the airport are packed with visitors.
The $50 million request came from Minnesota Sports and Events (MNSE), the nonprofit that was created to bid for large events such as the Super Bowl, college sports championships, and other national and international tournaments.
Historically in Minnesota, the cost of bidding for and hosting events has been funded by corporate and other donations. But Wendy Blackshaw, the president and CEO of MNSE, told an editorial writer that the bidding world has changed dramatically since the pandemic. Corporate contributions are down, she said, and Minnesota cannot compete with other markets that have reliable sources of state funding to add to corporate sponsorships.
"We're certainly grateful for the $6 million. That might be enough for the gymnastics tournament we're bidding on," she said, referring to the 2024 U.S. Gymnastics Olympic Trials in which Minnesota's Suni Lee is expected to compete. Blackshaw added that without additional funding, there are other bids the organization will have to take a pass on. Events are increasingly requiring that states have funding already secured to demonstrate the ability to host them.