The longtime Minneapolis student haunt Sporty's Pub and Grill is closing this month.
The news was broken by the Minnesota Daily, which reports that Chris Christopherson, who has owned Sporty's since 2012, said the bar's latest lease renewal included a big rent increase that his business couldn't afford.
Sporty's will be replaced by a new bar and restaurant called the Como Tap later this summer, with the new restaurant backed by building owner Joe Radaich – who himself owned Sporty's from 1998 to 2012 – and former Sporty's employee Jana Kern, the Daily notes.
"It's true. The landlord has chose not to offer us an opportunity to renew the lease. It sucks and I'm bummed," Christopherson told BMTN. "We at Sporty's have worked very hard over the past seven years that I have owned it to increase the quality of the product, atmosphere, and the service.
"In doing so we also were able to successfully shed the poor reputation Sporty's had with the neighbors. Its a shame that the sun has to set on Sporty's just as it was realizing its potential."
As well as its distinctive wall art, Sporty's is known for its long-running campaign where drinkers share pictures of their Sporty's coozies at locations across the globe. You can see a gallery here on its Facebook page.
The news has prompted a lot of emotional reactions from University of Minnesota students past and present.