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Investment group may bring pro hockey back to Indianapolis

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Professional hockey will be skating back into Indianapolis in less than two years if Indiana State Fairgrounds officials get their wish.

A local contingent traveled to the ECHL all-star game early this year to begin a dialogue with league officials and check out their operations and quality of play.

hockey-factbox-1col.gifState Fairgrounds officials are trying to lure a team here when the revamped Pepsi Coliseum opens in 2014. Sources familiar with the discussion said a potential local ownership group has been identified, though State Fairgrounds and ECHL officials declined to divulge who is involved.

“We just can’t comment right now. It would be premature,” said Joe Babik, ECHL director of communications. “The renovated coliseum would be an attractive venue [for an ECHL team], and we like the market and what they’re doing there.”

Any potential local ownership group does not include Paul Skjodt, who operates the Indiana Ice, an amateur team composed of young NHL hopefuls.

“Paul wants no part of this,” said Ice Vice President Jason Burkman. “Paul loves the development aspect, so he wants to keep operating the team as it is.”

Ice officials fear a minor-league professional team could draw fans from the amateur team’s games.

The ECHL, formerly known as the East Coast Hockey League, bills itself as the premier Class AA hockey league. The 23-team league is one of two—along with the higher-level American Hockey League—affiliated with the National Hockey League. Twenty-five of the 30 NHL teams have ECHL affiliations. ECHL officials indicated an Indianapolis team would likely have an NHL affiliate, but it’s not clear which major-league team that would be.

“With [ECHL] teams in Evansville and Fort Wayne, a team in Indianapolis could have some good rivalries,” Babik said. “It could be a good fit.”

The fit is so good apparently that unidentified league sources recently told the Peoria (Illinois) Journal Star that an Indianapolis franchise was set to slide into the ECHL in time for the 2014-2015 season.

Finding an owner with the passion for hockey and deep enough pockets is likely to be the biggest challenge.

In pre-recession 2007, the ECHL was charging a $1.5 million expansion franchise fee. Though league officials declined to say what the fee is now, they said it has come down. ECHL Commissioner Brian McKenna said he prefers new ownership groups put their money into their franchise and local arena operations.

The annual budget for an ECHL team is $2 million to $4 million, sports business experts said.

Mark Rosentraub, a former IUPUI dean and sports business author, thinks a minor-league hockey team in Indianapolis would be a viable operation. But he questions the wisdom of putting the team in the 74-year-old Pepsi Coliseum, about four miles north of downtown.

“It goes against the blueprint of what made downtown Indianapolis great,” Rosentraub said. “Now you’re starting to pull events out of the city center and that’s going to cause problems for the Pacers, Bankers Life Fieldhouse and in the end, the city, which owns the Fieldhouse.”

Rick Fuson, Pacers Sports and Entertainment chief operating officer, isn’t too worried. The Pacers operate the fieldhouse and depend on revenue from non-basketball events to cover its expenses at the venue.

“This doesn’t affect Bankers Life Fieldhouse at all,” Fuson said. “Bankers Life Fieldhouse is one of the great gathering places for this city. This facility stands on its own, and I don’t think the coliseum is a competitive situation.”

Wherever it might play, minor-league hockey is good for Indianapolis, Rosentraub said, because it diversifies the city’s sports offerings and has a proven niche market.

“The Pacers and Colts are high-end tickets, but to have a healthy sports market you have to have more modestly priced offerings,” Rosentraub said. “The demand for these tickets wouldn’t go crazy, but I think you could attract between 5,000 and 8,000 per game.”

Professional minor-league hockey will be “a great fit” at the Pepsi Coliseum, said State Fairgrounds spokesman Andy Klotz, because the venue has been reconfigured with two ice rinks and has myriad improvements over the pre-renovated coliseum, including better locker rooms, training areas, concession offerings, sight lines for fans, and an intimate 9,000-seat arena perfect for hockey.

The coliseum renovation is part of a $63 million project that also includes construction of an adjoining arena for simultaneous public events.

The city has had a long—if somewhat checkered—history with hockey, which included stints with the Indianapolis Racers, Checkers and Ice, back when the Ice was a professional team.

For various reasons—many attached to finances, those teams failed. The city’s last professional team—which played in the International Hockey League, then the Central Hockey League—shut down in 2004. The professional Ice teams played the vast majority of their games at the coliseum with a sprinkling of games at Market Square Arena and then Bankers Life Fieldhouse.

After Skjodt bought the assets of the Ice and turned it into an amateur squad, the team continued to play most games at the coliseum until it closed for renovations in 2012.

The Ice this season played 11 games at Pan Am Plaza and 21 games in Bankers Life Fieldhouse, averaging 1,200 per game at Pan Am Plaza and 4,000 at the fieldhouse.

The Ice’s future at the coliseum is uncertain, officials said. If a minor-league team moved in, the Ice would likely not be back.

There are natural synergies between the Pacers and Ice, given that Skjodt is married to the niece of Pacers owner Herb Simon. Those relationships might have the Ice moving more of their games to the fieldhouse even after the coliseum reopens, and that would likely be a concern to fairgrounds officials.

An ECHL team would guarantee the coliseum 36 home games a year, and could likely afford to pay more in rent than the amateur Ice franchise. Though State Fairgrounds officials said lease prices for the upgraded facility have not been set, sports business experts said rent is likely to go up at least 10 percent to 15 percent.

“It’s competitive and these venues have to fill dates to survive,” Rosentraub said. “The problem right now is, there are just too many covered stadiums and arenas in the Midwest and certainly in Indianapolis.”•


 

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  • About time
    Bring it on. Indy has been without pro hockey for far too long. I'd prefer AHL to ECHL, but the ECHL is a quality league with a lot of regional/natural rivals for Indy. It will be a clear upgrade in quality of play over what the USHL offers. A VERY small percentage of players in the USHL ever play at the ECHL level or above. It makes no sense for the city to try to maintain 2 teams though. Cincinnati went down that path a few years back, not good to split the fan base. Paul Skjodt needs to step aside and let pro hockey return. He has deprived this city of pro hockey for far too long.
  • By-the-way...
    The C-C council needs to adopt a binding resolution that 'by law' any sporting franchise hauled in here by some 3rd rate group cannot use the city's name without having some minimal criteria. It should never be lower than what is considered AAA for baseball, soccer of fusbol (now in place)or anything else considering manpower and fiancial resources to say nothing of reputation are involved. It's just good business.
  • Too 'Rink' ee Dink
    AHL or NHL or forget it. For you youngsters out there, when the NHL had 6 teams and 12 feeder teams, we had the top feeder to the Red Wings in the 40's and 50's. Actually, if it's only an ECHL franchise it will hurt the Ice.
  • I hope ...
    ... however, that I'm pleasantly surprised with the quality of play in the ECHL. If it is a solid league full of prospects who are going somewhere and enjoy playing hockey, it'll be fun to have two teams in town. If that happens, I hope this market can support both.
  • We're a hockey town
    While hockey fans would be in nirvana with two teams in town, I hope this doesn't negatively affect the Ice. The USHL is a tremendous developmental league with multiple top NHL draft picks ... while the ECHL is a second-tier league that has NHL affiliations, but features the 45th-best NHL prospects in an organization -- basically, the 5th/6th string goalies, the 14th/15th defensemen and the 25th forward, guys who have little shot of making an impact in the NHL. It's "pro," but it's not what we had in the 1990s with the IHL, with the top level of minor-league hockey. There are 2 leagues in the US which routinely send impact players to the NHL -- the AHL & USHL. We have one of those leagues already in town. It's a well-run franchise and an exciting team year-in and year-out.
  • Minor league mentality
    I moved here from a major market 10 years ago and am still amazed at the minor league mentality of this town. I understand that Indy is considered small market, but should we really compare it to places like Columbus, Peoria, Rockford, and Hershey? I grew up in the south with zero hockey, but even I think it would be awesome to have an NHL team and believe it could make it. Never having been to a hockey game of any sort, I would still probably buy season tickets to an NHL team in Indy. But an AHL or EHCL team? C'mon. I don't even think you could bribe me to go to a game and I think a lot of people in town feel the same way. We are the same people that drive to Cinci, St. Louis, and Chicago for MLB games instead of driving downtown to Victory field. "Pro" Soccer and now "pro" hockey. zzzzzzzzz, wake me up when it's really the pro's.
  • yes please
    AHL, ECHL, I don't care which, please please please PLEASE bring professional hockey back to Indianapolis!
  • AHL Please
    I fully realize Indianapolis cannot support an NHL team--just look at Columbus's struggling Jackets. But we should have an AHL team! We have a AAA baseball team and NBA / NFL. AHL teams are in places like Peoria, Milwaukee, Rockford, Hershey, etc. Make it happen.

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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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