Hansbrough to sign at low cost

June 30, 2009
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NBAlotteryTyler Hansbrough is so far turning out to be a popular draft pick among the Indiana Pacers faithful. It will be interesting to see what he does to spike ticket sales. I suspect, if what IBJ readers are telling me is any indication, the ticket sales phones over at Conseco Fieldhouse might be ringing a bit more frequently this week.

And if Hansbrough doesn’t work out, it won’t put the Pacers in financial arrears. That’s the beautiful thing about the No. 13 pick in an NBA draft. The risk and reward potential match up nicely.

The man formerly known as Psycho-T is represented by the same agent, Jeff Schwartz, as No. 1 overall pick Blake Griffin. But due to NBA slotting salaries, Schwartz won’t be able to pump up Hansbrough’s starting pay much. Blue and Gold fans should expect the Pacers and Hansbrough to sign a pact within a few weeks—maybe sooner.

So, without further ado, let’s compare Hansbrough’s salary with a few of his draft brethren—and his soon-to-be Pacers teammates.
Over three years, here’s what the top draft picks will make:

1. Blake Griffin (LAC) $16.1 million
2. Hasheem Thabeet (MEM) $14.4 million
3. James Harden (OKC) $12.9 million
4. Tyreke Evans (SAC) $11.64 million
5. Ricky Rubio (MIN) $10.54 million
6. Johnny Flynn (MIN) $9.58 million
7. Stephen Curry (GS) $8.74 million
8. Jordan Hill (NY) $8 million
9. DeMar DeRozan (TOR) $7.36 million
10. Brandon Jennings (MIL) $6.99 million
11. Terrence Williams $6.64 million
12. Gerald Henderson (CHA) $6.3 million
13. Tyler Hansbrough (IND) $5.99 million

Now, let’s compare Hansbrough’s salary of just under $2 million for each of the next three years to some current Pacers. Well, he’s going to be in the lower tier, that’s for sure.

Troy Murphy $11 million
Danny Granger $9.9 million
Mike Dunleavy $9.8 million
T.J. Ford $8.5 million
Jamal Tinsley $7.2 million
Jeff Foster $6 million
Brandon Rush $1.9 million
Travis Diener $1.7 million
Roy Hibbert $1.6 million
Josh McRoberts $1 million
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  • Interesting. That's another piece of the CIB puzzle, is it not?

    Now let's add all those salaries ($60.6) (and right about at cap - not much room to manuever) and throw in a few million more for the coaching staff and front office and estimate $66m personnel costs.

    $66m divided by 44 games = $1.5 per game ticket sales to break even. Average of 15,000 a season - which would be tough - and that's still $100 per seat.

    Hmmm...hope there's a lot of TV income and merchandise sales!
  • Don't forget all that parking revenue. Yuk yuk!
  • And advertising in the fieldhouse. Tickets aren't the only form of revenue.
  • Good point Adam.

    But that's the confusing thing about all this CIB mess - and I'll be the first to admit I havent followed all the stories and things.

    But who gets Fieldhouse ad revenue? and concessions? and not just at pacer games, but for concerts and whatever else is there.

    Who pays for all the expenses? CIB is losing money but Pacers are running Conseco and they say they are losing money. If that's the case, what's CIB losing money on? Lucas?

    Who gets what? who's dime is this on..... my head is spinning - I'm going to go lay down!

    My head starts to spin....

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

  3. They could take the property using eminent domain and save money by not paying the church or building a soccer field and a new driveway. Ctrwd has monthly meetings open to all customers of the district. The meetings are listed and if the customers really cared that much they would show. Ctrwd works hard in every way they can to make sure the customer is put first. Overflows damage the surrounding environment and cost a lot of money every year. There have been many upgrades done through the years to help not send flow to Carmel. Even with the upgrades ctrwd cannot always keep up. I understand how a storage tank could be an eye sore, but has anyone thought to look at other lift stations or storage tanks. Most lift stations are right in the middle of neighborhoods. Some close to schools and soccer fields, and some right in back yards, or at least next to a back yard. We all have to work together to come up with a proper solution. The proposed solution by ctrwd is the best one offered so far.

  4. Fox has comments from several people that seem to have some inside information. I would refer to their website. Changed my whole opionion of this story.

  5. This place is great! I'm piggy backing and saying the Cobb salad is great. But the ribs are awesome. $6.49 for ribs and 2 sides?! They're delicious. If you work downtown, head over there.

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