MINNEAPOLIS - Minneapolis is expected to be named the new home of ESPN's Summer X Games in 2017 and 2018.

On Wednesday morning, Sports Minneapolis, the Minnesota Sports Facilities Authority and SMG, the general manager of the new U.S. Bank Stadium, will announce "a major sporting event that has chosen Minneapolis as an upcoming host city."

The Summer X Games have been held in Austin, Texas since 2014 and have been held in nine different cities in its 20-year history. X Games features some of the world's best action sports athletes. Sports include skateboarding, motocross, rallycross and BMX. The four-day event, generally in early June, would happen at U.S. Bank Stadium and the area outside the venue.

"We really think Minneapolis would be a great destination for this. It really celebrates the active lifestyles we have here and takes advantage of a lot of the fantastic venues that we have," Scott Romane, executive director of Sports Minneapolis, told KARE 11 in May.

RELATED: Minneapolis bids for 2017 & 2018 Summer X Games

According to Romane, ESPN contacted the city last November to see if it had any interest. Representatives then visited the site in February.

Minneapolis competed against at least six other cities: Chicago, Detroit, Kansas City, Miami, Nassau, NY and Portland.

Minneapolis estimates the Summer X Games to have an economic impact of about $42 million per year.