NBA

Judge OKs record-setting $2B sale of Clippers

July 29, 2014
Associated Press
In allowing the deal to go forward, Superior Court Judge Michael Levanas sided Monday with Sterling's estranged wife, Shelly Sterling, who negotiated the record sale after the NBA banned the 80-year-old billionaire for making offensive remarks about blacks.
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Pacers lose Stephenson to Hornets offer, reports say

July 16, 2014
 IBJ Staff
Pacers free-agent guard Lance Stephenson has come to terms with the Charlotte Hornets with a three-year, $27 million deal, multiple media outlets reported Wednesday morning.
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The wild East: Conference wide open with James' move

July 13, 2014
Associated Press
Cleveland isn't an automatic contender with LeBron James back in the lineup, and there are no clear candidates to fill the power vacuum left by Miami.
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James spurns Miami, returns to Cleveland Cavaliers

July 11, 2014
 IBJ Staff, Associated Press analysis
Four-time NBA most valuable player LeBron James said Friday that he felt a calling to be a leader in the city where he started his career.
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Los Angeles Clippers owner banned for life by the NBA

April 29, 2014
Associated Press
Los Angeles Clippers owner Donald Sterling has been banned for life by the NBA in response to racist comments the league says he made in a recorded conversation.
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MORTON: Indy's road to Oz will end soon for sports team owners

April 26, 2014
David B. Morton
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
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CIB OKs Pacers subsidy after promise of no additional taxes

April 14, 2014
Anthony Schoettle
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
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Budding Pacers star George lands Gatorade contract

March 28, 2014
Associated Press
On Friday, Gatorade will introduce Pacer Paul George as its newest NBA spokesman in a lineup that already features prominent athletes such as Dwyane Wade, Peyton Manning, Serena Williams and Derek Jeter.
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Pacers-Heat game most-watched ever for NBA TV

December 11, 2013
Associated Press
The network said the Tuesday night telecast averaged 920,000 viewers, topping out at more than 1 million from 10:15 to 10:30 p.m. EST.
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Sales of NBA floor space off to slow start

December 3, 2013
Bloomberg News
The Indiana Pacers were the first NBA team to jump on the opportunity to sell advertising on the court. So far, just two other teams have followed suit.
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All-star forward George signs extension with Pacers

September 25, 2013
Bloomberg News
Team officials have not released details, but the contract is reported to be for five years and worth $80 million-plus.
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Summer basketball league has become big draw for NBA, college starsRestricted Content

June 1, 2013
Anthony Schoettle
Carlos Knox runs The Knox Indy Pro Am Summer League, one of only a few nationwide where basketball fans can find top college and professional hoops stars facing off against one another on the hardwood.
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Pacers vs. Knicks almost sold out as ticket demand soars

May 8, 2013
Anthony Schoettle
The team plans to provide gold t-shirts for all in attendance for Saturday's game, which tips off at 8 p.m. Ticket packages for next season are selling as local enthusiasm builds.
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Pacers post solid attendance gains in regular season

April 23, 2013
Anthony Schoettle
Despite the negative noise this year about Pacers home attendance, the team had its second consecutive season increase. Revenue from tickets and sponsorships also rose.
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Pacers sign head coach Vogel to contract extension

January 8, 2013
 IBJ Staff and Associated Press
Frank Vogel is in his third season as head coach of the Indiana Pacers. Entering Tuesday's home game with Miami, he has an 82-56 overall record.
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New NBA revenue split gives Pacers cash infusionRestricted Content

November 24, 2012
Anthony Schoettle
The NBA’s new collective bargaining agreement will dramatically boost the amount of money the Indiana Pacers get from the league, but it won’t be enough to put the team in the black.
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Resurgent Pacers see lift in ticket salesRestricted Content

October 6, 2012
Anthony Schoetle
The Indiana Pacers continued scoring long after last season ended in the second round of the NBA playoffs. The Pacers sales staff hit high-water marks during the off-season that the franchise hasn’t seen in five years. And with almost four weeks until the regular-season home opener Nov. 3, the Pacers are shooting for more.
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Case from 1970 revisited in dispute over NBA TV revenue

September 6, 2012
Associated Press
The NBA asked a Manhattan judge on Thursday to side with the league in a legal dispute that stems from a sweetheart deal enjoyed by the former owners of a defunct American Basketball Association team — and despised by current owners of four NBA franchises, including the Indiana Pacers.
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Fieldhouse getting $16 million scoreboard, sound system

August 16, 2012
Scott Olson
Fieldhouse_scoreboard_pacers_watchvideoThe Indiana Pacers will open the season at Bankers Life Fieldhouse with a new $16 million audio and video system,  the team announced Thursday afternoon.
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Pacers plan upgrades to Bankers Life Fieldhouse

August 16, 2012
 IBJ Staff
Improvements to the home arena of the Indiana Pacers will include a new scoreboard and a renovation of the arena's television studios, said a source with knowledge of the planned changes.
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BENNER: The basketball legend leaves us, as always, wanting moreRestricted Content

June 30, 2012
Bill Benner
Just as he did when his aching back cut his playing career short, just as he did when he left coaching, Larry Bird is abruptly walking away.
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Bird reportedly leaving as Pacers executive

June 26, 2012
Anthony Schoettle
Despite a recent endorsement from his bosses, Larry Bird is set to step down as Indiana Pacers president of basketball operations, a newspaper is reporting.
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Playoff run pushes Pacers closer to profitabilityRestricted Content

May 26, 2012
Anthony Schoettle
The Indiana Pacers’ playoff run and a decreased player payroll—along with $10 million from the city’s Capital Improvement Board—have brought the team closer to breaking even this year, but not out of the red, sports business experts say.
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Pacers' Bird named NBA's executive of the year

May 17, 2012
Associated Press
Indiana Pacers President Larry Bird was voted National Basketball Association Executive of the Year on Wednesday, becoming the first person to win the award after also receiving the league's MVP and Coach of the Year honors.
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Are corporate gift policies inhospitable?Restricted Content

April 21, 2012
Anthony Schoettle
Sober times have made no-no's of many of the perks that once greased business relationships.
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  1. The deductible is entirely paid by the POWER account. No one ever has to contribute more than $25/month into the POWER account and it is often less. The only cost not paid out of the POWER account is the ER copay ($8-25) for non-emergent use of the ER. And under HIP 2.0, if a member calls the toll-free, 24 hour nurse line, and the nurse tells them to go to the ER, the copay is waived. It's also waived if the member is admitted to the hospital. Honestly, although it is certainly not "free" - I think Indiana has created a decent plan for the currently uninsured. Also consider that if a member obtains preventive care, she can lower her monthly contribution for the next year. Non-profits may pay up to 75% of the contribution on behalf of the member, and the member's employer may pay up to 50% of the contribution.

  2. I wonder if the governor could multi-task and talk to CMS about helping Indiana get our state based exchange going so Hoosiers don't lose subsidy if the court decision holds. One option I've seen is for states to contract with healthcare.gov. Or maybe Indiana isn't really interested in healthcare insurance coverage for Hoosiers.

  3. So, how much did either of YOU contribute? HGH Thank you Mr. Ozdemir for your investments in this city and your contribution to the arts.

  4. So heres brilliant planning for you...build a $30 M sports complex with tax dollars, yet send all the hotel tax revenue to Carmel and Fishers. Westfield will unlikely never see a payback but the hotel "centers" of Carmel and Fishers will get rich. Lousy strategy Andy Cook!

  5. AlanB, this is how it works...A corporate welfare queen makes a tiny contribution to the arts and gets tons of positive media from outlets like the IBJ. In turn, they are more easily to get their 10s of millions of dollars of corporate welfare (ironically from the same people who are against welfare for humans).

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