Wells Fargo Sacked in Signage Dispute with NFL's Vikings

A federal judge ruled that Wells Fargo violated a contract with the NFL's Minnesota Vikings over the placement of signs near the team's new stadium, according to a published report.

The Vikings sued the San Francisco-based Wells Fargo in December over a two-year agreement reached in 2014 about the display of signs on the bank's 17-story towers near the team's U.S. Bank Stadium in downtown Minneapolis, which is slated to open in September. Judge Donovan Frank of the United States District Court for the District of Minnesota ruled Thursday that the contract prohibited mounted rooftop signs, or “photo-bombing” signs, the Minneapolis Star Tribune reported.

Frank also ordered the $1.8 trillion-asset bank to pay the team's legal bills associated with the case. Factoring into the dispute was a 20-year naming rights deal that the Vikings struck with the $410 billion-asset U.S. Bancorp in Minneapolis.

The $1.1 billion stadium is scheduled to host the Super Bowl in 2018 and the NCAA's Final Four basketball games in 2019. While its new stadium has been under construction, the Vikings have played their home games at the University of Minnesota's TCF Bank Stadium.

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Law and regulation Minnesota
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