The 51-year-old Orono man is accused of being drunk and driving nearly 100 mph.
James Blue posted $500,000 bail ahead of his first court appearance.
He's accused of being under the influence of drugs and alcohol when he crashed.
An update has been provided by the Orono Police Department.
Authorities say he was driving during the crash that killed Sam Schuneman and Mack Motzko.
The 51-year-old reportedly turned himself into police Wednesday.
The crash also was fatal for the son of Gophers hockey coach Bob Motzko.
As is customary, hockey families have left sticks outside front doors with a light on to honor Motzko.
The crash happened late Saturday night in Orono.