Minneapolis, MN (NNCNOW.com) - Minnesota is one of eight finalists to host the NCAA tournament starting in 2017.
The men's final four tournament would happen at the new Multi-purpose stadium in Minneapolis, currently under development.
The University of Minnesota and "Meet Minneapolis" are behind the bid to attract the tourney for 2017 through 2020.
City officials say between Monday's bid for the Super Bowl and this announcement, it could mean hundreds of millions of dollars for businesses, the city and state.
We should know about a decision by November.
The other seven finalists are: Atlanta, Indianapolis, New Orleans, North Texas, Phoenix/Glendale, San Antonio, and St. Louis.