May 11, 2012 at 4:01 pm
MINNEAPOLIS (AP) - The University of Minnesota's Board of Regents has approved an agreement with the Minnesota Vikings that allows the use of TCF Bank Stadium during the NFL team's construction of its new stadium.
The board unanimously approved the letter of intent on Friday. It is non-binding, but sets the parameters that university President Eric Kaler and the Vikings can use to develop a lease agreement.
The Vikings will pay the university $250,000 for each game. The letter states the Vikings can play all their home games on Sunday and host one night game during the week per season.
The Vikings hope to open their stadium in 2016. Owner Mark Wilf says the Vikings are hoping to only play the 2015 season on campus but "it very well may be two" seasons.