Sports Business

Foreclosure suit tests HDG Mansur on a new frontRestricted Content

October 26, 2013
Greg Andrews
HGCC Lender LLC this month filed a $4.8 million foreclosure suit and asked a court to appoint a receiver for Hamilton Proper's 279-acre Hawthorns Golf & Country Club.
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National runners-up come up winners in grad rates

October 24, 2013
Associated Press
Of the 10 teams that reached the BCS football championship game and the men's and women's basketball Final Four, only one finished with a graduation rate lower than 70 percent in the NCAA's latest report.
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Colts' victory over Broncos reaps ratings bonanza in Indianapolis

October 21, 2013
 IBJ Staff
At one point, about 80 percent of the households in Indy watching TV Sunday night were tuned to Peyton Manning's spoiled homecoming.
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IUPUI seeks financial help to overhaul NatatoriumRestricted Content

October 19, 2013
Anthony Schoettle
Indiana University officials are seeking $17 million to $20 million to upgrade the Natatorium on the IUPUI campus and are considering turning day-to-day operations of the aquatics venue over to a third party.
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Manning brings his own economy when Broncos play

October 17, 2013
Bloomberg News
When Peyton Manning plays, ticket prices double on the secondary market and more people watch the game on television. He has as much influence with consumers as Bill Gates and actor Tom Hanks, a celebrity marketing expert says.
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Fox59 sportscaster Johnson leaving for new job

October 14, 2013
Chris O'Malley
WXIN-TV Fox59 waved goodbye this weekend to Jeremiah Johnson, who has covered sports at the Indianapolis station for nine years.
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Pacers land IEDC as court sponsorRestricted Content

October 12, 2013
Anthony Schoettle
The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.
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Colts’ Luck signs with tech startup selling skullcap that rates impact

October 10, 2013
Bloomberg News
Indianapolis Colts quarterback Andrew Luck got an equity stake to join the sports advisory board of MC10, a technology startup that released its first commercial product in July.
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Indianapolis named finalist for 2018 Super Bowl

October 8, 2013
Anthony Schoettle
Indy joins Minneapolis and New Orleans as the three NFL cities invited to bid on the big game. The 2012 Super Bowl had a $176 million direct economic impact on the city, a study said.
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Bowl bid could come down to Indy, old Texas nemesis

October 8, 2013
Anthony Schoettle
League sources say Indianapolis and Dallas will be among the finalists announced Tuesday for the 2018 Super Bowl. That will pit Colts owner Jim Irsay against powerful Cowboys owner Jerry Jones.
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Speedway's May 'Grand Prix' requires road track overhaul

October 2, 2013
Associated Press
The new 14-turn, 2.434-mile course will be run the opposite direction of the Indy 500 on a newly resurfaced track that will be wider, have longer straightaways and three new passing zones, Indianapolis Motor Speedway officials announced Tuesday.
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NFL free-agent lawyer sets sights on NCAA

October 1, 2013
Bloomberg News
Jeff Kessler, an attorney who helped bring free agency to the National Football League, is about to focus on the unpaid athletes who generate more than $16 billion in college sports television contracts.
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City's pro soccer team signs sponsorship deal with Honda

October 1, 2013
Anthony Schoettle
The three-year deal will net the new North American Soccer League team Indy Eleven about $1 million over the term of the agreement and will offer the franchise a critical marketing partner.
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Dream teams for tourism industry

September 28, 2013
Anthony Schoettle
Youth sports events reap millions for Indianapolis and its neighbors.
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Indianapolis Motor Speedway takes bids for food, souvenirsRestricted Content

September 28, 2013
Anthony Schoettle
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
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Izod dropping IndyCar Series sponsorship

September 27, 2013
 IBJ Staff
The apparel brand Izod is dropping its partnership with the IndyCar Series after the conclusion of the 2013 season, leaving the open-wheel racing series without a title sponsor.
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IndyCar to run road race at Speedway in May

September 26, 2013
 IBJ Staff
The unusual move will mark the open-wheel series' first race on the hallowed track's winding interior course. And it's the highest-profile break from tradition yet in the tenure of new Hulman & Co. CEO Mark Miles.
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All-star forward George signs extension with Pacers

September 25, 2013
Bloomberg News
Team officials have not released details, but the contract is reported to be for five years and worth $80 million-plus.
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NCAA restoring some of Penn State's football scholarships

September 24, 2013
Bloomberg News
The Indianapolis-based National Collegiate Athletic Association said in a statement Tuesday that the university had made “continued progress toward ensuring athletics integrity” in the aftermath of the Sandusky case.
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Local marketing firm signs deal with John Force Racing

September 23, 2013
Anthony Schoettle
Zionsville-based Just Marketing International has been hired to find replacements for $7 million in annual sponsorship deals that are expiring following this season.
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Dallara sees Indy operations as springboard for U.S. expansionRestricted Content

September 21, 2013
Anthony Schoettle
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
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Luck throws weight behind Body Armor with equity stake

September 17, 2013
Bloomberg News
Indianapolis Colts quarterback Andrew Luck said he wanted to prove himself on the field in the National Football League before pursuing sponsorship opportunities off it.
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NCAA football restructuring seen inevitable by ADs

September 11, 2013
Bloomberg News
The richest college football programs almost certainly will be allowed to spend more money on athletes once the NCAA rewrites rules in the coming months, according to a panel of sports administrators and marketers.
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Pan Am Plaza hotel may sweeten bowl bid

September 7, 2013
Anthony Schoettle
Indianapolis officials hope to include plans for a new downtown luxury hotel in their bid for the 2018 Super Bowl, but they’re not sure all the pieces for a deal—potentially on Pan Am Plaza—can be put together before a bid presentation for 32 NFL owners in May.
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Football powers seek leeway with NCAA to flex muscle

September 3, 2013
Bloomberg News
College sports’ governing body probably will consider new rules in the coming months that allow the most powerful football programs to spend more on their athletes, while giving poorer programs the option to adopt them.
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  1. I never thought I'd see the day when a Republican Mayor would lead the charge in attempting to raise every tax we have to pay. Now it's income taxes and property taxes that Ballard wants to increase. And to pay for a pre-K program? Many studies have shown that pre-K offer no long-term educational benefits whatsoever. And Ballard is pitching it as a way of fighting crime? Who is he kidding? It's about government provided day care. It's a shame that we elected a Republican who has turned out to be a huge big spending, big taxing, big borrowing liberal Democrat.

  2. Why do we blame the unions? They did not create the 11 different school districts that are the root of the problem.

  3. I was just watching an AOW race from cleveland in 1997...in addition to the 65K for the race, there were more people in boats watching that race from the lake than were IndyCar fans watching the 2014 IndyCar season finale in the Fontana grandstands. Just sayin...That's some resurgence modern IndyCar has going. Almost profitable, nobody in the grandstands and TV ratings dropping 61% at some tracks in the series. Business model..."CRAZY" as said by a NASCAR track general manager. Yup, this thing is purring like a cat! Sponsors...send them your cash, pronto!!! LOL, not a chance.

  4. I'm sure Indiana is paradise for the wealthy and affluent, but what about the rest of us? Over the last 40 years, conservatives and the business elite have run this country (and state)into the ground. The pendulum will swing back as more moderate voters get tired of Reaganomics and regressive social policies. Add to that the wave of minority voters coming up in the next 10 to 15 years and things will get better. unfortunately we have to suffer through 10 more years of gerrymandered districts and dispropionate representation.

  5. Funny thing....rich people telling poor people how bad the other rich people are wanting to cut benefits/school etc and that they should vote for those rich people that just did it. Just saying..............

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