Soccer Team Officials Press Lawmakers for Stadium Tax Breaks
ST. PAUL, Minn. (AP) - Minnesota United team officials are cranking up the pressure at the Legislature to secure tax breaks for a Major League Soccer stadium.
The Legislature has helped fund several new stadiums, from $25 million for a minor league baseball park to the nearly $500 million tab for the new Minnesota Vikings stadium. But legislative leaders haven't made promises about ponying up for the proposed soccer venue in St. Paul.
The team is seeking an exemption from property taxes and a tax break on construction materials on the privately financed $150 million project. Owner William McGuire told a Senate panel Thursday that the team could lose its awarded franchise if a financing plan doesn't move forward.
Major League Soccer awarded McGuire an expansion franchise last year.