Lucas Oil Stadium

City official: 'We're obligated' to weigh privatizing some stadium, convention duties

October 21, 2009
Peter Schnitzler
Mayoral Chief of Staff Paul Okeson said the city isn't sure it makes sense to privatize operations now handled by the Capital Improvement Board, “but we’re obligated on behalf of the taxpayer to find out.”
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Sales of luxury suites slow at most Indianapolis sports venues

October 17, 2009
Anthony Schoettle
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue now, thanks to the recession and companies keeping a closer eye on spending.
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Lucas Oil out to build on Jiffy Lube dealRestricted Content

October 10, 2009
Anthony Schoettle
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
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NCAA, city haggle over Final Four rental dealRestricted Content

September 19, 2009
Anthony Schoettle
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee, the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual not to have an agreement pinned down in the months leading up to the event.
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ICVA: Stadium's retractable roof worth the cost

August 29, 2009
Anthony Schoettle
Three music events with direct visitor spending estimated at $28 million that were hosted at Lucas Oil Stadium offer proof, city officials said, that the expense of the retractable roof and other features of the $720 million facility are paying off.
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MainGate Inc. racks up revenue with NFL deals

August 29, 2009
Anthony Schoettle
When Brett Favre signed with the Minnesota Vikings Aug. 18, cheers could be heard at MainGate Inc.’s 7900 Rockville Road headquarters. Predictably, Favre jerseys went flying off the shelves—about 6,000 in the first 72 hours—and MainGate gets to keep a portion of those sales. The Vikings are one of six teams the Indianapolis-based merchandising specialist has signed deals with in 2-1/2 years, making MainGate one of the biggest retail players in the goliath of professional sports leagues.
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Colts take lead in fighting drunk driving

August 24, 2009
 IBJ Staff
The National Football League and stadium operators are sending a strong anti-drunk-driving message to fans this year as part of an effort to expand the league’s 1-year-old Fan Code of Conduct program.
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BENNER: Time will prove the wisdom of building stadiumRestricted Content

August 17, 2009
Bill Benner
A year ago, we opened Lucas Oil Stadium. We've been arguing about it ever since.
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CIB OKs budget, but awaits council vote

August 10, 2009
Scott Olson
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the City-County Council’s approval of a hike in the local hotel tax.
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Colts sign trio of stadium sponsors

August 10, 2009
 IBJ Staff
The Indianapolis Colts recently signed a three-year sponsorship deal with Carmel-based James Allen Insurance Brokers to become one of the primary sponsors at Lucas Oil Stadium.
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Colts extend home sell-out streakRestricted Content

June 22, 2009
Anthony Schoettle
Despite a ticket price increase, the terrible economy, and an uncertain season ahead, the Indianapolis Colts have sold out of season tickets, assuring the team will extend its sell-out streak to 97 regular-season home games.
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CIB drama goes from bad to worseRestricted Content

May 25, 2009
I am truly disgusted after reading the latest in the perennial saga of the CIB.
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Here is a sustainable plan for the CIBRestricted Content

May 11, 2009
Brian Williams
A vibrant Indianapolis powers a dynamic Indiana and the governor, the mayor and the members of the General Assembly should all recognize that.
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Lucas Oil Stadium hosted basketball beautifullyRestricted Content

April 6, 2009
Bill Benner

Congratulations to Lucas Oil Stadium Director Mike Fox, assistant Andy Arnold and the amazing crew at the stadium for transforming the venue into an intimate, 40,000-seat basketball venue for the NCAA's Midwest Regional.

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Stern's definition of 'golden age' is laughableRestricted Content

February 23, 2009
Bill Benner

Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps' bong when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.

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CIB can't count on mall fundersRestricted Content

February 23, 2009
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they've derived from the city and its thriving downtown before delivering an answer.
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CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficitRestricted Content

February 16, 2009
Cory Schouten
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
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Finding bright spots amid wave of bad Indy sports newsRestricted Content

February 16, 2009
Bill Benner
So much sad, bad, disturbing sports news. Time to look on the brighter side.
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Are we victims of 'group think'?Restricted Content

February 16, 2009
John Guy
"Group think," a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.
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It's time for Colts, fans to pay upRestricted Content

February 16, 2009
I agree 100 percent that Colts' owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts' ticket holders should be taxed.
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CIB failure isn't an optionRestricted Content

February 9, 2009
Creativity and transparency are required to fix the Capital Improvement Board's financial woes.
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CIB's influence has grown with city's sports sceneRestricted Content

February 9, 2009
Peter Schnitzler
State lawmakers formed the Capital Improvement Board in 1965 to oversee construction of the city's convention center.
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An open letter to Indianapolis Colts owner Jim IrsayRestricted Content

February 9, 2009
Bill Benner
Jim, you could engender so much good will if you would step forward and provide some short-term relief by paying more toward the operating costs of Lucas Oil Stadium.
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Stadium, airport terminal openRestricted Content

December 29, 2008
Anthony Schoettle
The $720 million Lucas Oil Stadium opened in August, just in time for the Indianapolis Colts' season. Indianapolis International Airport's $1.1 billion midfield terminal, meanwhile, took off in November.
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Indy scores 2012 Super BowlRestricted Content

December 29, 2008
Anthony Schoettle
In May, Indianapolis narrowly won the right to host the 2012 Super Bowl, beating out Phoenix and Houston at the National Football League owners' meeting in Atlanta.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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