Sports Business

Lucas owner says skeptics off base: 'Small company' big enough to handle major deal, he saysRestricted Content

March 27, 2006
Anthony Schoettle
The Indianapolis Colts had to be convinced that California-based Lucas Oil Products Inc. was the right company to buy its stadium naming-rights package. Football franchise executives were quickly converted, but the deal still has its detractors. A month after the 20-year, $121.5 million agreement was announced, sports sponsorship experts remain skeptical it will pan out. "This is a heavy investment for such a small company," said William Chipps, senior editor of Chicago-based IEG Sponsorship Report. "I can tell you it...
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Mega-hotel on city agenda: Pan Am Plaza possible site for 800-room developmentRestricted Content

March 20, 2006
Matthew Kish
The city is looking for developers interested in adding 800 hotel rooms downtown, a project that could be accomplished by building a massive, new hotel or augmenting several existing facilities. Insiders say a new hotel is most likely. They picture it on Pan Am Plaza. If that happens, the hotel would become the city's largest-eclipsing the Indianapolis Marriott by almost 200 rooms. Ideally, the rooms would be available by 2010, when the wraps come off the expanded Indiana Convention Center....
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Hospitality madness: City wants to grow reputation as Final Four's ideal siteRestricted Content

March 20, 2006
Matthew Kish
Bill Evans' phone rang at 11 p.m. It was a basketball team. The players wanted milkshakes. He popped up like he was bouncing on one of those mini-trampolines mascots use to dunk basketballs at halftime. He tapped his partner on the shoulder. They rolled two coolers to the downtown Steak n Shake. He ordered milkshakes. Large ones. Two for each player. They put the shakes in the coolers and rolled them through the downtown night to the team hotel. The...
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SPORTS: A basketball breakfast you won't soon forgetRestricted Content

March 20, 2006
Bill Benner
One of the reasons the NCAA chose Indianapolis to host this year's Final Four is that it coincides with the association's centennial celebration. What better way to bring attention to the NCAA's 100th year than by having its showcase event in its headquarters city. But that won't be the only significant basketball anniversary to be feted during Final Four weekend. Three others have significance to Hoosiers. Call it a coincidence of greatness. For starters, it will be the 50th anniversary...
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NOTIONS: The power of persistence in work, art and sportRestricted Content

March 20, 2006
Bruce Hetrick
Bruce Hetrick is off this week. In his absence, this column, which appeared on April 19, 2004, is being reprinted. During spring break, my wife, Pam, and I took our sons, Austin and Zach, to Chicago. Because Zach is a budding photojournalist and Austin likes to write, we arranged through a friend to visit The Chicago Tribune. One of the newspaper's photographers, Nuccio DiNuzzo, arrived at work an hour before his Sunday shift to meet with us. He gave us...
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SPORTS: Pacers' off-the-court performance never wanedRestricted Content

March 13, 2006
Bill Benner
Like any team, especially the professional variety, the Indiana Pacers are to be judged by their success ... or lack thereof. Their bottom line is the one that's posted on the scoreboard 82 times a season, then again in the playoffs. It comes as no bulletin that the last two years have been more painful than pleasurable, much of which can be traced to the excesses and eccentricities of the nowdeparted Ron Artest. Collateral damage has been the organization's reputation...
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Lilly says hands off Gemzar: Drugmaker files suit to keep cancer drug off generic marketRestricted Content

March 13, 2006
Tom Murphy
Fresh off one blockbuster patent defense, Eli Lilly and Co. mounted another last month when it filed suit to protect its billiondollar cancer drug Gemzar. The Indianapolis drugmaker sued Teva Pharmaceutical Industries Ltd. and a subsidiary, Sicor Pharmaceuticals Inc., to prevent them from selling generic versions of Gemzar, which treats several forms of cancer and comprises 9 percent of Lilly's worldwide sales. Lilly learned in January that California-based Sicor had filed so-called "abbreviated new drug applications" with the U.S. Food...
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WANTED: Coach with Midas touch: IU searching for hoops leader who'll bring financial stability to athletics-and universityRestricted Content

March 13, 2006
Anthony Schoettle
With a $1 billion capital campaign looming at Indiana University, athletic director Rick Greenspan is facing his biggest decision. Many observers think the choice of basketball coach will determine not only the health of the men's basketball program, but of the entire IU athletic department-and to some extent the entire university-for decades to come. IU officials have not yet publicly announced their capital campaign, which would allocate about $85 million for the university's athletic facilities, and likely won't until next...
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SPORTS: It's about more than hoops if Chicago gets tourneysRestricted Content

March 6, 2006
Bill Benner
Our month of Much Madness has begun. Forty-one games in 33 days downtown. The Big Ten women's and men's tournaments (20 games). The IHSAA girls' and boys'state finals (eight games). The National Association of Basketball Coaches All-Star Game on Final Four weekend. The NCAA Men's Final Four (three games). And, interspersed throughout, nine Indiana Pacers home games. So what's your pleasure? High school, college, pro? No matter the level, it is coming to Indianapolis in abundance. Quality and quantity, packaged...
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Bulls of the Fairways:Restricted Content

March 6, 2006
Matthew Kish
David Simon and Alan Cohen are outstanding golfers, among the best of all Indianapolis businessmen. The CEOs of Simon Property Group Inc. and Finish Line Inc. share something else in common: Their companies are top performers, with their stock prices more than dou-Professor sees link between golf scores, biz success bling in a little more than three years. Coincidence? Not according to Dan Dalton, golf aficionado and former dean of Indiana University's Kelley School of Business. "Business is like match...
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Ticked off over tickets: NCAA plans to battle hospitality brokers during Final FourRestricted Content

March 6, 2006
Anthony Schoettle
The launch of The Tournament Club at this year's men's basketball Final Four in Indianapolis is the first shot across the bow of brokers, travel agents, hotel room resellers and others who've stepped in to meet the demand for hospitality packages the NCAA previously ignored. In December, the NCAA hired rEvolution, a Chicago-based sports marketing and media agency, to launch the association's own hospitality package, including lower-level tickets, access to an exclusive hospitality area at the game venue, premium hotel...
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Blog Boom: Newest Web craze becoming a key tool for business marketing, communicationsRestricted Content

February 27, 2006
Anthony Schoettle
Myles Brand needed a way for his organization to reach out to the public. It had to be direct and immediate and initiate an honest two-way discussion. Brand, NCAA president, chose an offbeat idea-albeit one with a growing following-to solve this age-old business problem. He gave the directive late last year for the NCAA to launch its first blog, an online presence that two years ago few corporate types understood, much less considered a viable means of communication. Now, the...
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SPORTS: IU doesn't have to hire from the 'family,' but it willRestricted Content

February 27, 2006
Bill Benner
There will be no shortage of worthy successors to Mike Davis as the head basketball coach at I.U. Rick Majerus? I love Rick Majerus. He's the absolute basketballjunkie with nothing like a wife, family or even a home to distract him from the job. He's a tremendous motivator and strategist. But he's also a guy who's had heart problems and I worry if he could survive the stress-not from coaching, but from being within an hour's drive of Iaria's. Thad...
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Labor tiff puts loan for stadium in limbo: NFL Players Association refusing to back $34 million as fight with owners drags onRestricted Content

February 27, 2006
Anthony Schoettle
A $34 million loan from the NFL that the Indianapolis Colts are counting on to fund part of their share of stadium construction could get sacked, at least temporarily, in an NFL labor dispute. Teams with pending stadium loans-including the Colts, Dallas Cowboys and New York Giants and Jets-hoped to get final approval of their loans at the March owners' meeting. That is now in serious doubt, league sources said. NFL owners last June approved a $34 million loan for...
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SPORTS: Time for Mike Davis to look himself in the mirrorRestricted Content

February 20, 2006
Bill Benner
"Why's everybody always pickin' on me?" - from the song "Charlie Brown," by The Coasters I count myself among many, many Indiana University alumni, supporters and basketball fans in general who wanted to see Mike Davis succeed as the Hoosiers' coach. I admired his demeanor, humility and honesty. I respected the incredibly difficult situation he inherited, first as the interim coach, then as the man designated to sustain IU's tradition in the wake of Bob Knight's firing. And certainly, no...
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Entrepreneurship the Indian way: A day with a Bangalore software-maker reveals business parallelsRestricted Content

February 20, 2006
Peter Schnitzler
BANGALORE, India-HealthAsyst CEO Umesh Bajaj remembers when the only computers allowed in India were self-assembled. As recently as 20 years ago, the Indian government's protectionist measures prohibited foreign companies from directly selling PCs. Instead, Indians imported microchips and built the computers themselves. In his first job as an electronics engineer for an Indian conglomerate, Bajaj crisscrossed the country marketing versions of mainframes and desktops made in India. Today Bajaj, a 55-year-old born in New Delhi, owns his own Bangalore-based health...
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Industry veteran at helm as ATA exits bankruptcy: After months of tumult, Karnik ready for 'boring' yearRestricted Content

February 20, 2006
Chris O\'malley
Subodh Karnik slowly backed up to his chair at ATA Airlines Inc. and slumped into it. His 46-year-old back was killing him. One of his elementary-age sons back home in Atlanta used him like a trampoline over the weekend. The injury got worse when Karnick ran through the airport, like O.J. Simpson in an old Hertz commercial, to catch a flight back to Indianapolis. "I was born a masochist," said Karnik, a 6-foot-4-inch native of Mumbai, India, who sports a...
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SPORTS: Here's to the last champion of single-class sportsRestricted Content

February 13, 2006
Bill Benner
Somewhat overlooked at the time because it was (A) girls softball and (B) took place in June, Turkey Run's 11-7 victory over Center Grove nonetheless remains a lasting testimonial to those who believe the size of the dream should not be diminished by the size of the school. A year later, the dream died for all time when the Indiana High School Athletic Association's board voted to divide team sports championships into classes according to enrollment. That decision-later affirmed by...
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Speedway waits to renew deal with Formula 1: New date puts Grand Prix up against World Cup soccer, IRL and NASCAR racesRestricted Content

February 13, 2006
Anthony Schoettle
The long-term future of the U.S. Grand Prix at Indianapolis may hinge on a littleknown American driver and a soccer match several thousand miles away. Indianapolis Motor Speedway officials said they will keep a close eye on attendance for the July 2 race before deciding whether to negotiate with Formula One brass for a new contract to bring the race back. This is the final year in a two-year contract extension F1 czar Bernie Ecclestone signed with IMS President Tony...
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CHRIS KATTERJOHN The case of the missing passport Commentary:Restricted Content

February 6, 2006
Friday, 7:30 a.m.: I arrive at Indianapolis International Airport for a 9:01 a.m. flight to Puerto Vallarta, Mexico, where I'll be attending a conference, and realize I have left my passport at home. I ask myself, "How could I be so stupid?" Friday, 7:35 a.m.: I check in at the American Airlines ticket desk, then call my brother, who is already at work. I ask him for a "huge favor," whereupon he leaves work, goes to my house to retrieve...
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IRL traveling bumpy road: Despite successes, sponsors are walking, teams are folding and top drivers lack ridesRestricted Content

February 6, 2006
Anthony Schoettle
The Feb. 4-7 auction of locally based Panther Racing hangs over the open-wheel series like a dark cloud at a time when IRL officials have been crowing about its 2005 successes. Television ratings soared 53 percent from 2004 to 2005, attendance increased 9 percent, merchandise sales were up 75 percent, and Web traffic on the series' site rose 162 percent. According to Joyce Julius and Associates, an independent Ann Arbor, Mich.-based media research firm, sponsors got 57 percent more exposures...
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SPORTS Count your blessings, depressed Colts fans:Restricted Content

February 6, 2006
Bill Benner
OK, as you read this, the Super Bowl is about to occur, or has just taken place, depending on when you get your IBJ. And you are, perhaps, gloomy. Depressed. Still nursing that emotional hangover. You're blue ... Colts blue in hue and psyche. The Horseshoes didn't make it, and that brings to mind another expression beginning with "horse". So, as a public service to all those still suffering an extended case of dejection and despair-to be compounded by hours...
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SPORTS: Crazy-with-grief Colts fans, you're now on the airRestricted Content

January 30, 2006
Bill Benner
Welcome to WIBJ Radio. I'm Beebee, your host of "Sports Geeks." Our first caller is Fred from Franklin. Fred? Beebs, man, here's how we handle those low-life, stomp-onour-hearts, marshmallow-soft Indianapolis Colts. We take their new stadium away. I mean, they are not worthy. So until they reach the Super Bowl, I say keep 'em in the Dome. Fred, what do we do with that big hole? Fill it in with water so the bean company can have beachfront property. Let's...
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Landing ad revenue: Airport charged up over sponsorship of electrical outletsRestricted Content

January 30, 2006
Chris O\'malley
Advertisements for mutual funds, watches and kolaches. Now as you wait at the gate for your flight, you'll even see ads on electrical outlets. The Indianapolis Airport Authority on Jan. 20 was expected to approve a $65,000 marketing partnership with Chase in what is the latest and certainly the most electrifying of all advertising schemes at Indianapolis International Airport. These are desperate times for marketers. Too many ads are getting lost in the shuffle. And barraged consumers have figured out...
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African-American museum pushes back opening date: Group starts public fund-raising campaign Feb. 4Restricted Content

January 30, 2006
Matthew Kish
Civic leaders announced in 2004 they hoped to raise $50 million to build the Indiana Museum of African American History in White River State Park by 2008. On the eve of the museum's first public fund-raiser-a black-tie dinner at the downtown Westin Hotel on Feb. 4-officials acknowledge plans have changed for the 120,000-square-foot building. In 2004, a feasibility study, paid for with $800,000 in seed money raised from groups including Lilly Endowment Inc., showed the aggressive fund-raising and construction schedule...
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  1. So as I read this the one question that continues to come to me to ask is. Didn't Indiana only have a couple of exchanges for people to opt into which were very high because we really didn't want to expect the plan. So was this study done during that time and if so then I can understand these numbers. I also understand that we have now opened up for more options for hoosiers to choose from. Please correct if I'm wrong and if I'm not why was this not part of the story so that true overview could be taken away and not just parts of it to continue this negative tone against the ACA. I look forward to the clarity.

  2. It's really very simple. All forms of transportation are subsidized. All of them. Your tax money already goes toward every single form of transportation in the state. It is not a bad thing to put tax money toward mass transit. The state spends over 1,000,000,000 (yes billion) on roadway expansions and maintenance every single year. If you want to cry foul over anything cry foul over the overbuilding of highways which only serve people who can afford their own automobile.

  3. So instead of subsidizing a project with a market-driven scope, you suggest we subsidize a project that is way out of line with anything that can be economically sustainable just so we can have a better-looking skyline?

  4. Downtowner, if Cummins isn't getting expedited permitting and tax breaks to "do what they do", then I'd be happy with letting the market decide. But that isn't the case, is it?

  5. Patty, this commuter line provides a way for workers (willing to work lower wages) to get from Marion county to Hamilton county. These people are running your restaurants, hotels, hospitals, and retail stores. I don't see a lot of residents of Carmel working these jobs.

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