Minneapolis will bid to host Super Bowl LII

Vikings owner Zygi Wilf will pay $477 million of the $975 million in costs to build the Vikings new stadium. (Hannah Foslien/Getty Images)

The Vikings and Minnesota governor Mark Dayton announced Monday that they will be putting together a bid to host Super Bowl LII.

The Vikings recently broke ground on a stadium which they hope will be ready for the 2016 season, but the stadium's completion date was recently put in jeopardy by a lawsuit that questioned the use of public funds to build the Vikings' new home field.

Dayton said he believed the Super Bowl would be a windfall for the city and the state.

“Hosting the Super Bowl would bring enormous economic benefits to many Minnesota businesses, as well as provide a terrific opportunity to again showcase Minnesota to the world.”

The release cites a recent study indicating that Super Bowl XLVI had an economic impact of $324 million for Indianapolis, but a recent report from Sports on Earth's Neil DeMause indicated the total economic gain for a city hosting the Super Bowl may be negligible.

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Minnesota had previously been announced as one of the three finalists to host the game in 2018, along with Indianapolis and New Orleans.