Pro Sports

Soccer team owner concedes battle for stadium funds this year

March 6, 2014
 IBJ Staff
The owner of the Indy Eleven soccer franchise has conceded that his push for state financing help for a proposed 18,500-seat, $87 million stadium in Indianapolis will have to wait on the bench for another legislative session.
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Analysis casts doubt on revenue projection for soccer stadium

February 27, 2014
Kathleen McLaughlin, Cory Schouten
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
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Indy Eleven says new stadium crucial for long-term successRestricted Content

February 22, 2014
Anthony Schoettle
The Indy Eleven won’t play its first game for nearly seven weeks. But officials with the North American Soccer League franchise say there’s already an urgent need to plow ahead with building the team an $87 million stadium.
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Team owner pitches lawmakers on soccer stadium

February 14, 2014
Kathleen McLaughlin
Indy Eleven owner Ersal Ozdemir fielded questions from legislators Thursday about the $87 million, state-financed outdoor stadium he has proposed. The meeting started with a warm reception for Ozdemir, and lacked any testimony against the plan.
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Indiana House gatekeeper open to soccer stadium

January 29, 2014
Kathleen McLaughlin
House Ways and Means Chairman Tim Brown said lawmakers will consider a plan by the IndyEleven soccer team to finance an $87 million stadium. The proposal is likely to be attached to an existing Senate bill.
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Soccer team seeks state help for $87M downtown stadium

January 24, 2014
Kathleen McLaughlin
Indy Eleven owner Ersal Ozdemir hopes state lawmakers will help him finance construction of a multi-use soccer stadium with 18,500 seats in downtown Indianapolis.
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Indy Fuel gets commitments from 500 season-ticket buyers

January 22, 2014
 IBJ Staff
The Indy Fuel said Wednesday that the response has been better than expected considering the hockey team’s formation was just announced in late November.
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IU professors' invention tracks eyes to detect brain injuries

January 11, 2014
Anthony Schoettle
Two Indiana University School of Optometry professors are tackling diagnosis of one of the most difficult medical problems facing sports teams at every level: head injuries.
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NFL wild-card games deliver big weekend numbers

January 6, 2014
Associated Press
Four games averaged 34.7 million viewers for the most-watched wild-card weekend on record. The Colts-Chiefs game was one of the highest rated ever among early-Saturday wild-card contests.
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Bengals join Packers, Colts with sellout preventing blackouts

January 3, 2014
Bloomberg News
All four of the National Football League’s wild-card playoff games will be televised in their host team’s local market after corporate support helped ensure sellouts.
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UPDATE: Colts get extension on TV blackout

January 2, 2014
Anthony Schoettle
If the Colts don't sell out their first-round playoff game by 4:35 p.m. Friday, NFL officials say they will pull the Saturday broadcast from the central Indiana television market.
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NEWSMAKERS: Andrew Luck

December 28, 2013
Anthony Schoettle
After starting every game as quarterback for the Indianapolis Colts during an 11-5 rookie season in 2012, Andrew Luck was a hot commercial commodity heading into 2013.
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Indy Eleven soccer games to be locally televised this spring

December 26, 2013
Chris O'Malley
WNDY-TV Channel 23 will broadcast the club's inaugural campaign. One of its challenges will be to field a team of announcers who can provide authoritative play-by-play.
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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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Former Colt Saturday seeks 'jock tax' refund from Cleveland

December 4, 2013
Mason King
Jeff Saturday has filed suit against the city of Cleveland, fighting a so-called "jock tax" that he contends unfairly dinged him during his playing days as an Indianapolis Colt.
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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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City's new pro hockey team to be called Indy Fuel

November 26, 2013
 IBJ Staff
The Fuel said they are in the process of hiring front-office and coaching staff, signing an affiliation agreement with a NHL franchise, and recruiting players to fill the roster.
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Pro hockey returning to coliseum in 2014

November 25, 2013
 IBJ Staff
The Indiana State Fair Commission announced Monday that it signed a deal with Indiana Hockey Club LLC, an ECHL expansion franchise that will become an anchor tenant for the fairgrounds’ newly renovated coliseum.
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Colts to remain with Jim Irsay after divorce

November 21, 2013
 IBJ Staff
Jim and Meg Irsay announced on Thursday that they had mutually agreed to end their 33-year marriage, and that Jim would maintain 100-percent ownership of the Indianapolis Colts, estimated to be worth $1.2 billion.
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Proposed GM plan reserves space for soccer stadiumRestricted Content

November 9, 2013
Anthony Schoettle
One of the players vying to redevelop the former General Motors metal-stamping plant has set aside room in his plans for a roughly 10,000-seat stadium where his own North American Soccer League franchise could play.
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Pacers hire sports writer, exec Bill Benner as senior VP

November 6, 2013
Jeff Newman
The Longtime Indianapolis sports journalist and executive has left the Horizon League to join Pacers Sports & Entertainment as senior vice president of corporate, community and public relations.
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Colts' victory over Broncos reaps ratings bonanza in Indianapolis

October 21, 2013
 IBJ Staff
At one point, about 80 percent of the households in Indy watching TV Sunday night were tuned to Peyton Manning's spoiled homecoming.
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Manning brings his own economy when Broncos play

October 17, 2013
Bloomberg News
When Peyton Manning plays, ticket prices double on the secondary market and more people watch the game on television. He has as much influence with consumers as Bill Gates and actor Tom Hanks, a celebrity marketing expert says.
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Colts’ Luck signs with tech startup selling skullcap that rates impact

October 10, 2013
Bloomberg News
Indianapolis Colts quarterback Andrew Luck got an equity stake to join the sports advisory board of MC10, a technology startup that released its first commercial product in July.
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Bowl bid could come down to Indy, old Texas nemesis

October 8, 2013
Anthony Schoettle
League sources say Indianapolis and Dallas will be among the finalists announced Tuesday for the 2018 Super Bowl. That will pit Colts owner Jim Irsay against powerful Cowboys owner Jerry Jones.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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