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Sports Business
Indians continue trend of higher profit
January 12, 2013
The city's professional baseball team has thrived financially since 2009, bucking the woes of the economy.
MoreSpeedway agrees to major overhaul in ADA settlement
January 10, 2013
Scott OlsonThe 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.
MorePacers sign head coach Vogel to contract extension
January 8, 2013
IBJ Staff and Associated PressFrank 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.
MoreCentaur strategy cheers horse industry
January 5, 2013
Kathleen McLaughlinCentaur 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.
MoreLucas Oil might host 2016 Olympic Swimming Trials
January 5, 2013
Anthony SchoettleA 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.
MorePennsylvania to sue NCAA over Sandusky-related penalty
January 2, 2013
Bloomberg NewsPennsylvania 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.
More2012 NEWSMAKER: Miles adds to diverse business, sports career
December 28, 2012
IBJ StaffVeteran executive Mark Miles now has one of the most difficult jobs in sports—putting open-wheel racing on sound financial
footing.
MoreREWIND: IBJ's top 10 business stories of 2012
December 26, 2012
The 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.
Pagano back to coach Colts after cancer treatment
December 24, 2012
Associated PressNearly 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.
MoreBallard may wrest management of fieldhouse from Pacers
December 22, 2012
Kathleen McLaughlinIndianapolis 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.
MoreChurchill Downs targets Indy market with Derby trips
December 21, 2012
Anthony SchoettleIn 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.
MoreRewind: IBJ.com's 10 most popular videos of 2012
December 19, 2012
Mason King
Zipping 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.
Indy team owners pledge $750,000 each to orchestra
December 19, 2012
Associated PressThe 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.
MoreCrossroads Classic pleases fans, but long-term future uncertain
December 18, 2012
Anthony SchoettleThe 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.
MoreSpeculation grows about Butler leaving Atlantic 10
December 18, 2012
Associated PressButler University President James Danko has said little to counter reports that Butler is considering leaving the Atlantic
10 Conference for a newly formed league.
MoreBENNER: Arlington girls dealt hard—but valuable—life-long lesson
December 15, 2012
Bill BennerThe score was 107-2. I repeat: 107-2.
MoreSurprise on-field success driving Colts' club-seat sales
December 15, 2012
Anthony SchoettleWhat 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.
MoreMarian University wins national football title
December 13, 2012
Associated PressMarian University of Indianapolis captured its first national title Thursday night in only its sixth season of football.
MoreCIB to consider 1-year extension with Pacers, source says
December 10, 2012
Kathleen McLaughlinThe 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.
MoreBENNER: Remembering one of the most significant handshakes in sports
December 8, 2012
Bill BennerIt 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.
MoreDeal to save racing show had many twists, turns
December 8, 2012
Anthony SchoettleIn 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.
MoreNew Hulman & Co. CEO eyes changes to resurrect open-wheel racing
December 8, 2012
Anthony SchoettleNew 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.
MoreIndyCar releases Lotus from engine-supply contract
December 7, 2012
Associated PressIndyCar has released Lotus from its contract, leaving Chevrolet and Honda as the only two engine suppliers for the upcoming
season.
MoreFace-lift nearly complete at Eagle Creek golf courses
December 7, 2012
Kathleen McLaughlinEagle Creek Golf Club received a long-awaited face-lift this year under a contract that will rescue the city from most of
its expenses stemming from the previous operator’s loan default.
MoreStudy: Motorsports industry contributes 23,000 jobs
December 6, 2012
Scott OlsonPurdue University says jobs created by the racing sector in Indiana pay an average annual wage of nearly $63,000, well above
the $39,700 state average.
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Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.