As new Wolves and Lynx owners Marc Lore and Alex Rodriguez begin their quest for a Target Center replacement, they’re likely to find politicians highly skeptical of sending public money to help them build it.
Why it matters: It might not, because the two have said they’re prepared to privately finance a new arena, but that doesn’t mean they won’t ask public officials for help in some form.
Flashback: A decade ago, Minnesota United FC wanted to build its soccer stadium near the Farmers Market, but then-Mayor Betsy Hodges opposed a request that they be exempt from paying property taxes on the building, a perk all other local teams enjoy.
- The team instead picked St. Paul.
What we’re hearing: Most Minneapolis mayoral candidates told Axios they’re against direct public subsidies, but some kept the door open to the property tax exemption…