Sports Business

Indianapolis loses bid to host 2016 Olympic swim trials in stadium

March 19, 2013
 IBJ Staff
Indianapolis has been eliminated as a candidate to host the 2016 U.S. Olympic swimming trials at Lucas Oil Stadium. USA Swimming told local leaders that the venue would be "challenging for creating an intimate swimming setting."
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Running events proliferate; sponsor dollars pour inRestricted Content

March 18, 2013
Anthony Schoettle
The 500 Festival Mini Marathon in May will once again focus Hoosier attention on distance running—a sport where shifting demographics and rising interest have combined to generate strong sponsorship revenue.
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Ticket brokers, city to take lumps as IU sent east

March 18, 2013
Anthony Schoettle
Ticket brokers took a gut punch Sunday when NCAA officials announced that Indiana University would not be playing in the Midwest Regional of the men's basketball tournament. Local tourism officials say the economic impact could drop $1.5 million.
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Ex-Butler chief hatched plan to use basketball to turn around university

March 16, 2013
Anthony Schoettle
Twenty-five years ago, Butler University President Geoffrey Bannister had an idea to elevate the college by making the lowly men’s Bulldog basketball team a national power, then use it as a marketing tool to engage alumni, increase annual giving to the school, and recruit more and better students and instructors.
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Indiana House backs bill allowing younger sports referees

March 11, 2013
Associated Press
The Indiana House voted 92-4 on Monday in favor of the bill adding youth sports officials to the list of jobs for which children younger than 14 can be hired.
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BENNER: From the NBA to the Big Ten, putting butts in seats is kingRestricted Content

March 9, 2013
Bill Benner
Even watching the game from home on ESPN, a casual observer might have thought Bankers Lie Fieldhouse was a neutral court.
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Botched Miami probe latest controversy to tarnish NCAARestricted Content

March 9, 2013
Anthony Schoettle
The mountain of ill will piling up against the NCAA and its CEO, Mark Emmert, threatens to derail some of Emmert’s bold initiatives and could topple Emmert himself.
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Indiana House panel OKs child labor-referee measure

March 6, 2013
Associated Press
An Indiana House panel on Tuesday unanimously approved a measure pushed by a 13-year-old boy that would allow sports leagues to hire youngsters like him as referees.
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Pacers general manager wrote the book on teamworkRestricted Content

March 2, 2013
Anthony Schoettle
Indiana Pacers General Manager Kevin Pritchard believes character is forged in losing as much as in winning. He's shared that philosophy in a recent book he co-wrote called "Help the Helper: Building a Culture of Extreme Teamwork."
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BENNER: Bird’s faith in Lance Stephenson now looks well-placedRestricted Content

March 2, 2013
Bill Benner
I guarantee he’s closely watching the team he assembled and has a trained eye on the 22-year-old.
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Reports: Butler to join new Big East as early as next season

February 28, 2013
 IBJ Staff
Although it has not yet withdrawn from the Atlantic 10, Butler University will join the so-called "Catholic 7" in the new conference, according to reports in national media outlets. The school declined to comment on Friday.
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Emmert gets vote of confidence from NCAA

February 24, 2013
Associated Press
NCAA President Mark Emmert still has the confidence of the association's executive committee, despite several indicators in recent days that some schools are questioning his effectiveness.
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Daytona 500 gets green light despite horrific accident

February 23, 2013
Associated Press
Daytona International Speedway President Joie Chitwood said the track will "be ready to go racing" in time for Sunday's Daytona 500, following an accident Saturday that injured fans and drivers.
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Crean's revival of IU basketball fuels donations, merchandise salesRestricted Content

February 23, 2013
Anthony Schoettle
Indiana University is looking to cash in on the success of its men's basketball team this season, but is struggling to find ways to make more money from an already popular program.
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Westfield golf pro to be inducted into PGA Hall of FameRestricted Content

February 23, 2013
Don "Chip" Essig IV was the 2011 recipient of the PGA Golf Professional of the Year award.
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BENNER: College hoops would benefit from less hacking and floppingRestricted Content

February 23, 2013
Bill Benner
I'm worried about where the game seems to be heading. Where's the rhythm and flow?
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Collectors snap up Bush Stadium's salvaged seats

February 22, 2013
Cory Schouten
Indianapolis sports fans and collectors lined up Thursday to buy seats salvaged from Bush Stadium, snapping up more than 300 in the first day of the three-day sale — six times as many as organizer People for Urban Progress had expected for the entire offering.
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NCAA sues Pennsylvania over $60M Sandusky abuse fine

February 21, 2013
Bloomberg News
The governing body for college sports says that the state is violating the U.S. Constitution by passing a law that confiscates the $60 million sanction imposed against Penn State in the Jerry Sandusky child-abuse case.
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Senate OKs Indianapolis Motor Speedway funding plan

February 19, 2013
Associated Press
A plan providing up to $100 million in state funding toward improvements at the Indianapolis Motor Speedway has won approval from the Indiana Senate.
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Tax break would barely put dent in Speedway's to-do listRestricted Content

February 16, 2013
Anthony Schoettle
The Indianapolis Motor Speedway will need far more money than it will get from a proposed state tax subsidy if it hopes to be in the top tier of U.S. racing venues, sports business experts said.
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Longtime Indianapolis Motor Speedway exec departing for Austin trackRestricted Content

February 16, 2013
Mel Harder had been with the Speedway for 22 years, most recently overseeing operations and facilities management for the famed Brickyard.
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Bill to support Speedway with state taxes passes committee

February 14, 2013
Anthony Schoettle
The Indiana Senate Appropriations Committee on Thursday morning unanimously passed a bill that would capture state tax money generated at the Indianapolis Motor Speedway and give it back to the track to improve the facility.
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Speedway businesses eye gains from IMS upgrade

February 11, 2013
 IBJ Staff
Nearby businesses hope upgrades to the Indianapolis Motor Speedway from a proposed state taxing district would pave the way for additional offerings at the venue, including night racing.
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IMS seeks state help for $70M in upgrades

February 9, 2013
 IBJ Staff
A state senator plans to introduce a bill creating an Indiana Motorsports Investment District that would capture state sales, income and corporate taxes for future investment in the Speedway.
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NCAA asks court to toss suit over Sandusky fine

February 7, 2013
Bloomberg News
The Indianapolis-based National Collegiate Athletic Association asked a federal judge to throw out a Pennsylvania lawsuit challenging penalties imposed on Pennsylvania State University over the Jerry Sandusky child-abuse case.
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  5. I thought this company would go bankrupt in 2013/2014. I predicted that four years ago. I was wrong. It will take another couple of years, but they will get there.

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