The firm that built venues for the Twins, Wild, Timberwolves and the University of Minnesota football team was selected to provide the new location for the Minnesota Vikings to call home Friday morning, the Star Tribune reported.
Mortenson Construction was chosen for the $975 million Vikings stadium project, the Pioneer Press reported.
The Minnesota Sports Facilities Authority's five member board approved the contract with Mortenson unanimously by vote at the Metrodome, the Star Tribune reported.
While Mortenson can earn as much as $15 million if it meets certain incentives, it could also face "substantial penalties" if the project is not completed on time, according to the Star Tribune.
"Our intention is to earn those bonuses and avoid the penalties," Wood told the Star Tribune.