Herb Simon

Herb Simon: $160M Pacer deal helps heirsRestricted Content

April 26, 2014
Herb Simon, 79, says the $160 million deal the city struck with the Indiana Pacers this month for operating costs and stadium improvements is an outgrowth of negotiations that began way back in 2007.
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Cook heads contingent of Hoosier billionaires on Forbes list

March 4, 2014
 IBJ Staff
Gayle Cook, 80, the widow of Cook Group Inc. founder Bill Cook, saw her net worth skyrocket in the last year.
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Four Hoosiers rate among 400 wealthiest in U.S.

September 16, 2013
 IBJ Staff
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation's wealthiest people, and this time has cracked the top 100.
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Indy team owners pledge $750,000 each to orchestra

December 19, 2012
Associated Press
The donations from Jim Irsay and Herb Simon, combined with a $500,000 challenge grant from symphony board member Yvonne Shaheen, bring the orchestra nearly halfway toward its goal of raising $5 million by Feb. 3.
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Cook again tops list of richest Hoosiers

September 20, 2012
 IBJ Staff and Associated Press
The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.
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State high court to hear Simon defamation suit

September 6, 2012
Scott Olson
The Indiana Supreme Court has agreed to hear oral arguments Oct. 24 in the case involving a California lawyer that stems from a separate suit filed by a former nanny of Herb and Bui Simon.
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Pacers owner teams with Smulyan to buy Emmis stock

May 21, 2012
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications Corp. at no more than $2 apiece.
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Appellate judges rule against Simon in defamation case

February 29, 2012
Jennifer Nelson / The Indiana Lawyer
A defamation lawsuit filed by Indiana Pacers owner Herb Simon and his wife against a California attorney looks as though it will be thrown out after an appeal.
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Judge tosses wrongful-firing suit against Pacers owner

September 14, 2011
Associated Press
A lawsuit by a nanny and a chauffeur against Indiana Pacers owner Herb Simon and his wife has ended with a judge's written ruling confirming that the employees failed to prove their claims of mistreatment.
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Judge poised to toss lawsuit against Pacers owner

August 25, 2011
Associated Press
A judge has suggested she will dismiss key portions of a lawsuit by a nanny who claimed she was fired by billionaire Herb Simon and his wife because the employee became pregnant.
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Witness: Simons were happy about nanny's pregnancy

August 23, 2011
Associated Press
A household employee of Indiana Pacers owner Herb Simon and his wife said they were happy when they learned their nanny was pregnant, even though the nanny claims she was fired over the pregnancy.
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Wife of Pacers owner testifies against nanny

August 2, 2011
Associated Press
The wife of Indiana Pacers owner Herb Simon testified Tuesday that she knew nothing about violence in the past of a nanny who worked for her and said she would not have hired her if she had known.
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Trial starts in nanny's suit against Pacers owner

August 1, 2011
Associated Press
A nanny who worked for Indiana Pacers owner Herb Simon and his wife testified in a wrongful-firing case Monday that the couple knew of her tumultuous life, but decided to keep her on their staff.
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Simon wagers on Internet gambling's futureRestricted Content

July 9, 2011
Francesca Jarosz
Billionaire Herb Simon is betting online gambling will become legal—and that a new company he’s backing will reap a payoff as a result.
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Pacers' Simon at center of NBA labor fightRestricted Content

July 2, 2011
Anthony Schoettle
Along with players’ salaries and contract terms, revenue sharing among the NBA's 30 team owners is becoming the wild-card issue that could blow the lid off contract negotiations.
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Irsay, Simon tie on magazine's world's-richest list

March 10, 2011
 IBJ Staff
In a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th place on Forbes magazine’s annual list of the richest people in the world. Bill Cook and Dean White also made the list.
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Four Hoosiers among richest Americans; Irsay ascends

September 23, 2010
 IBJ Staff
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
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CIB deal won't fix all of Pacers' woes

July 17, 2010
Anthony Schoettle
The $33.5 million the Capital Improvement Board is providing the Indiana Pacers is merely a Band-Aid that will do little to solve serious short-term and long-term issues facing the team.
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CIB approves $33.5 million deal to keep Indiana Pacers

July 16, 2010
Mason King
The three-year agreement is designed to help the franchise shoulder the costs of operating Conseco Fieldhouse. One dissenting voice called the team and city back to the negotiating table for a longer-term deal.
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EDITORIAL: Simon could score for city library

April 24, 2010
 IBJ Staff
Perhaps it’s time for Pacers owner Herb Simon—a billionaire like his late brother—to burnish his credentials as a philanthropist who makes the city a better place to live and work.
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Pacers would pay big if they moved

April 17, 2010
Anthony Schoettle
Moving the Indiana Pacers from Conseco Fieldhouse to another city would impose serious financial hardship on the franchise, according to one interpretation of the team's 10-year-old deal with the city.
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Herb Simon purchases Kirkus book review journal

February 11, 2010
Scott Olson
In a move not necessarily stranger than fiction, Herb Simon has bought Kirkus Reviews, the venerable journal of prepublication book reviews. The owner of the Indiana Pacers co-owns an independent bookstore in California and is described as a voracious reader.
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Irsay joins ranks of nation's wealthiest

October 1, 2009
 IBJ Staff
Indianapolis Colts owner Jim Irsay has joined the ranks of the richest Americans, earning a spot on this year’s Forbes 400 list of the nation’s wealthiest people.
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BENNER: Can we keep the franchise the Simons saved?Restricted Content

September 19, 2009
Bill Benner
The passing of Mel Simon adds more uncertainty to the Indiana Pacers’ future in Indianapolis.
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Community leaders grateful to SimonsRestricted Content

May 4, 2009
Most of us were taught to give thanks to those who do well and make our lives better. Some of us would like to give our hearty thanks to Mel and Herb Simon and their families for all they've done in our community and statewide.
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  1. In reality, Lilly is maintaining profit by cutting costs such as Indiana/US citizen IT workers by a significant amount with their Tata Indian consulting connection, increasing Indian H1B's at Lillys Indiana locations significantly and offshoring to India high paying Indiana jobs to cut costs and increase profit at the expense of U.S. workers.

  2. I think perhaps there is legal precedence here in that the laws were intended for family farms, not pig processing plants on a huge scale. There has to be a way to squash this judges judgment and overrule her dumb judgement. Perhaps she should be required to live in one of those neighbors houses for a month next to the farm to see how she likes it. She is there to protect the people, not the corporations.

  3. http://www.omafra.gov.on.ca/english/engineer/facts/03-111.htm Corporate farms are not farms, they are indeed factories on a huge scale. The amount of waste and unhealthy smells are environmentally unsafe. If they want to do this, they should be forced to buy a boundary around their farm at a premium price to the homeowners and landowners that have to eat, sleep, and live in a cesspool of pig smells. Imagine living in a house that smells like a restroom all the time. Does the state really believe they should take the side of these corporate farms and not protect Indiana citizens. Perhaps justifiable they should force all the management of the farms to live on the farm itself and not live probably far away from there. Would be interesting to investigate the housing locations of those working at and managing the corporate farms.

  4. downtown in the same area as O'malia's. 350 E New York. Not sure that another one could survive. I agree a Target is needed d'town. Downtown Philly even had a 3 story Kmart for its downtown residents.

  5. Indy-area residents... most of you have no idea how AMAZING Aurelio's is. South of Chicago was a cool pizza place... but it pales in comparison to the heavenly thin crust Aurelio's pizza. Their deep dish is pretty good too. My waistline is expanding just thinking about this!

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