Sports Business

Colts trying to tackle proposed ticket-tax hike

January 16, 2013
Cory Schouten
The Indianapolis Colts are playing defense as city leaders move to hike a ticket tax on downtown events by 67 percent. The team says raising the tax on tickets from 6 percent to 10 percent will harm its bottom line and that of local businesses that rely on Colts fans.
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Well-known Indianapolis developer launching pro soccer team

January 15, 2013
Anthony Schoettle
Keystone Group President Ersal Ozdemir plans to launch a soccer franchise in 2014 and build a soccer-specific stadium by 2017.
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Group aims to create nation's largest rugby complexRestricted Content

January 12, 2013
Anthony Schoettle
A long-vacant drive-in theater just east of Fountain Square soon could be home to the nation’s largest rugby facility. The Indiana Youth Rugby Foundation has raised $1.2 million for the ambitious project and is seeking another $500,000 to break ground this spring.
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Indians continue trend of higher profitRestricted Content

January 12, 2013
The city's professional baseball team has thrived financially since 2009, bucking the woes of the economy.
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Speedway agrees to major overhaul in ADA settlement

January 10, 2013
Scott Olson
The Indianapolis Motor Speedway will make millions of dollars in updates to settle a Department of Justice investigation that found more than 360 violations of federal disability law.
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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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Centaur strategy cheers horse industryRestricted Content

January 5, 2013
Kathleen McLaughlin
Centaur Holdings LLC plans to concentrate all thoroughbred racing at Indiana Downs in Shelbyville and all standardbred harness racing at Hoosier Park in Anderson once it clears regulatory hurdles to take control of the Shelbyville track.
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Lucas Oil might host 2016 Olympic Swimming TrialsRestricted Content

January 5, 2013
Anthony Schoettle
A local group led by the Indiana Sports Corp. is bidding to bring the U.S. Olympic Swimming Trials to Indianapolis for the fifth time. But the event wouldn’t be in the 4,200-seat IUPUI Natatorium. Instead, officials want to host the 2016 trials in 63,000-seat Lucas Oil Stadium.
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Pennsylvania to sue NCAA over Sandusky-related penalty

January 2, 2013
Bloomberg News
Pennsylvania Gov. Tom Corbett said he will sue the Indianapolis-based National Collegiate Athletic Association, challenging a $60 million fine levied against Penn State University for its role in the Jerry Sandusky sex-abuse scandal.
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2012 NEWSMAKER: Miles adds to diverse business, sports career

December 28, 2012
 IBJ Staff
Veteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial footing.
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REWIND: IBJ's top 10 business stories of 2012

December 26, 2012
Top 10 business stories of 2012 Watch
                           VideoThe state's labor landscape changed, and the housing market improved. Indianapolis basked in the glow of a flawless Super Bowl, and big-name CEOs were shown the door. IBJ's reporters and editors recall the year's biggest stories.
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Pagano back to coach Colts after cancer treatment

December 24, 2012
Associated Press
Nearly three months to the day after being diagnosed with leukemia, the Colts' first-year coach returned to a team eager to reunite with a boss healthy enough to go back to work.
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Ballard may wrest management of fieldhouse from Pacers

December 22, 2012
Kathleen McLaughlin
Indianapolis recently agreed to pay $10 million to help Pacers Sports & Entertainment run Bankers Life Fieldhouse for another year, but Mayor Greg Ballard wants to find out in the meantime whether the city can get a better deal on the venue’s management.
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Churchill Downs targets Indy market with Derby trips

December 21, 2012
Anthony Schoettle
In May, Churchill Downs will roll out its Derby Experiences travel package in the Indianapolis and Chicago markets—using luxury buses to shuttle horse racing fans to and from May's Kentucky Derby for the first time.
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Rewind: IBJ.com's 10 most popular videos of 2012

December 19, 2012
Mason King
Top 10 videos of 2012 watch
                           video iconZipping from the Super Bowl Village to a federal fraud trial, IBJ counts down its most-watched online videos in a year of triumph and retribution.
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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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Crossroads Classic pleases fans, but long-term future uncertain

December 18, 2012
Anthony Schoettle
The two-year trial of the Crossroads Classic doubleheader basketball event has drawn capacity crowds to Indianapolis. But there are still scheduling concerns to be worked out if the fledgling event is to become a long-term college basketball tradition.
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Speculation grows about Butler leaving Atlantic 10

December 18, 2012
Associated Press
Butler University President James Danko has said little to counter reports that Butler is considering leaving the Atlantic 10 Conference for a newly formed league.
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BENNER: Arlington girls dealt hard—but valuable—life-long lessonRestricted Content

December 15, 2012
Bill Benner
The score was 107-2. I repeat: 107-2.
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Surprise on-field success driving Colts' club-seat salesRestricted Content

December 15, 2012
Anthony Schoettle
What had looked like a bleak scenario for renewals took a positive turn thanks to wins racked up by the team and rookie quarterback Andrew Luck.
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Marian University wins national football title

December 13, 2012
Associated Press
Marian University of Indianapolis captured its first national title Thursday night in only its sixth season of football.
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CIB to consider 1-year extension with Pacers, source says

December 10, 2012
Kathleen McLaughlin
The Capital Improvement Board of Marion County is expected to seek a one-year extension of its current lease deal with Pacers Sports & Entertainment, according to a former board member and current Indianapolis city-county councilor.
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BENNER: Remembering one of the most significant handshakes in sportsRestricted Content

December 8, 2012
Bill Benner
It was the flashbulbs. That’s what he remembers. That’s what everyone remembers who witnessed the moment nearly 50 years ago in East Lansing, Mich.
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Deal to save racing show had many twists, turnsRestricted Content

December 8, 2012
Anthony Schoettle
In a matter of a few months, operators of the Performance Racing Industry show and its upstart rival, the International Motorsports Industry Show, went from being bitter rivals to merging—a deal that will return the world’s largest motorsports trade show to Indianapolis next December.
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New Hulman & Co. CEO eyes changes to resurrect open-wheel racingRestricted Content

December 8, 2012
Anthony Schoettle
New Hulman and Co. CEO Mark Miles will focus in his new role on all of Hulman & Co.’s ventures—including real estate holdings and Clabber Girl. But his biggest challenge will be turning around the money-losing IndyCar Series and bolstering one of the region’s most famous landmarks—the Indianapolis Motor Speedway.
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  1. I am a Lyft driver who is a licensed CDL professional driver. ALL Lyft drivers take pride in providing quality service to the Indianapolis and surrounding areas, and we take the safety of our passengers and the public seriously.(passengers are required to put seat belts on when they get in our cars) We do go through background checks, driving records are checked as are the personal cars we drive, (these are OUR private cars we use) Unlike taxi cabs and their drivers Lyft (and yes Uber) provide passengers with a clean car inside and out, a friendly and courteous driver, and who is dressed appropriately and is groomed appropriately. I go so far as to offer mints, candy and/or small bottle of water to the my customers. It's a mutual respect between driver and passenger. With Best Regards

  2. to be the big fish in the little pond of IRL midwest racin' when yer up against Racin' Gardner

  3. In the first sentance "As a resident of one of these new Carmel Apartments the issue the local governments need to discuss are build quality & price." need a way to edit

  4. As a resident of one of these new Carmel Apartments the issue the local governments need to discuss is build quality & price. First none of these places is worth $1100 for a one bedroom. Downtown Carmel or Keystone at the Crossing in Indy. It doesn't matter. All require you to get in your car to get just about anywhere you need to go. I'm in one of the Carmel apartments now where after just 2.5 short years one of the kitchen cabinet doors is crooked and lawn and property maintenance seems to be lacking my old Indianapolis apartment which cost $300 less. This is one of the new star apartments. As they keep building throughout the area "deals" will start popping up creating shoppers. If your property is falling apart after year 3 what will it look like after year 5 or 10??? Why would one stay here if they could move to a new Broad Ripple in 2 to 3 years or another part of the Far Northside?? The complexes aren't going to let the "poor" move in without local permission so that's not that problem, but it the occupancy rate drops suddenly because the "Young" people moved back to Indy then look out.

  5. Why are you so concerned about Ace hardware? I don't understand why anyone goes there! Every time ive gone in the past, they don't have what I need and I end up going to the big box stores. I understand the service aspect and that they try to be helpful but if they are going to survive I think they might need to carry more specialty parts.

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