Sports Business

LOPRESTI: More hand-wringing than hoops for three teams that fell fast

March 29, 2014
Indiana, Purdue and Butler all find themselves at a crossroads after disappointing seasons.
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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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Football labor decision might hurt schools, Moody's says

March 27, 2014
Bloomberg News
Lawsuits challenging amateurism in U.S. college sports may result in higher costs for universities and the National Collegiate Athletic Association, Moody’s Investors Service said Thursday.
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Northwestern football ruling seen changing college sports

March 26, 2014
Bloomberg News, Associated Press
In a stunning ruling that could revolutionize a college sports industry worth billions of dollars and have dramatic repercussions for the Indianapolis-based NCAA, a federal agency said Wednesday that players at Northwestern can unionize.
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Colts owner Irsay's court hearing delayed

March 25, 2014
Associated Press
The Hamilton County Prosecutor's Office issued a statement Tuesday saying the hearing was postponed "unless or until" formal charges are filed against him.
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Kentucky teams drive surge in demand for Indy's NCAA regional

March 24, 2014
Anthony Schoettle
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
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LOPRESTI: Milan miracle at 60

March 22, 2014
Plump Milan anniversary watch videoTwo Indiana hoops legends recreate March magic exactly 60 years after the game that inspired "Hoosiers." Watch 77-year-old Bobby Plump sink that final shot—twice.
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Westfield hopes to make money on Grand Park's ancillary development

March 22, 2014
Andrea Muirragui Davis
As competition kicks off at Westfield’s sprawling Grand Park Sports Campus, city leaders are working to recruit corporate partners willing to support their field of dreams.
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Irsay arrest spurs talk of Colts succession planRestricted Content

March 22, 2014
Anthony Schoettle
Indianapolis Colts owner Jim Irsay gave a clear signal in 2012 about his long-term succession plan by naming his three daughters vice chairwomen and co-owners. His March 16 arrest might hasten the launch of that plan, or at the very least give Colts fans a glimpse of what it will look like.
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As lease expiration nears, Indians continue years of investment in Victory FieldRestricted Content

March 22, 2014
Anthony Schoettle
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
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Colts owner enters treatment center following arrest

March 18, 2014
Associated Press
Jim Irsay's family says the Indianapolis Colts owner has placed himself in health care treatment following his arrest on preliminary charges of driving while intoxicated and possession of a controlled substance.
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NCAA called 'cartel' with top conferences in player suit

March 17, 2014
Bloomberg News
The NCAA and five top conferences generate billions of dollars in revenue and illegally cap the pay of student athletes, a group of football and basketball players claim in a new lawsuit that seeks to reshape college sports.
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Irsay arrest may bring NFL punishment, sharpen scrutiny on bowl bid

March 17, 2014
Anthony Schoetle
The drug-related arrest of Indianapolis Colts owner Jim Irsay could bring repercussions from the National Football League and might play a factor in the city's bid for the 2018 Super Bowl.
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IndyCar expected to sign Verizon as much-needed title sponsor

March 7, 2014
Anthony Schoettle
Verizon Wireless is set to sign a deal to become the title sponsor of the IndyCar Series beginning this season, sources familiar with the deal said Friday afternoon. The deal is reportedly worth $10 million a year for at least five years.
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Speedway outsources concession stand operations

March 7, 2014
Anthony Schoettle
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
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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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Former college running back sues NCAA over scholarship caps

March 5, 2014
Bloomberg News
The Indianapolis-based National Collegiate Athletic Association and five of college football's regional conferences, including the Big Ten, were sued by a former West Virginia University player who claims they agreed to limit the value of scholarships to less than the actual cost of attendance.
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Panther sues IndyCar, Rahal Letterman over sponsor deal

March 3, 2014
Associated Press
Indianapolis-based Panther Racing Inc.'s lawsuit against Rahal Letterman Lanigan Racing, IndyCar and others says it lost a $17.2 million sponsorship because of bid-rigging and other improprieties.
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NCAA, ex-college players ordered to hold settlement talks

February 28, 2014
Bloomberg News
The National Collegiate Athletic Association and ex-college athletes have been ordered to hold settlement talks in an $800 million lawsuit claiming the Indianapolis-based NCAA illegally blocks student players from profiting from the use of their images.
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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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Offer may extend deadline on Anderson's Wigwam gym

February 27, 2014
Associated Press
Leaders of an effort to save Anderson's iconic Wigwam gymnasium are working on a proposal that could extend a deadline for deciding on its possible demolition by a few months.
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IPS violating law requiring equal athletic opportunities

February 26, 2014
Associated Press
The cash-strapped Indianapolis Public Schools must provide more athletic opportunities for female students at six high schools to comply with Title IX, the U.S. Department of Education said Wednesday.
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Big Ten men's basketball tourney already sold out

February 24, 2014
 IBJ Staff
The tournament is returning to downtown’s Bankers Life Fieldhouse after being played at the United Center in Chicago a year ago. It will be the ninth time Indianapolis has hosted the tournament in the event's 16-year history.
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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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LOPRESTI: Win or lose, Rady’s kids cut down the nets

February 22, 2014
For 50 years, Pat Rady has been coaching basketball in Indiana. Love of the game doesn't get much greater.
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