Sports Business

Izod rolls out Indy Racing clothing lineRestricted Content

March 30, 2009
New York-based Phillips-Van Heusen Corp. will roll out its Izod/Indy race-inspired clothing collection in Macy's stores nationwide in April.
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Big Ten Network trades controversy for successRestricted Content

March 30, 2009
Bill Benner
Less than two years after its audacious launch, the Chicago-based Big Ten Network has expanded into more than 70 million homes with coverage in 23 of the nation's top 25 markets.
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Simons and Irsays have received enoughRestricted Content

March 30, 2009
Taxpayers are in no mood to hand over additional subsidies to our two for-profit sports teams.
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Indians buck recession, score more sponsor dollarsRestricted Content

March 30, 2009
Anthony Schoettle
Despite the bad economy, the Indianapolis Indians' franchise could make a record amount of money in 2009.
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MainGate scores another goalRestricted Content

March 16, 2009
Local merchandiser MainGate Inc. inked its fourth deal with an NFL team in less than a year.
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Let's hear it for BirdRestricted Content

March 16, 2009
If there is any one individual who can turn around the Pacer organization and the NBA, remember, Bird is the word.
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NCAA dominates ownership of such familiar terms as 'March Madness,' 'Sweet Sixteen,' 'Elite Eight,' 'Final Four'Restricted Content

March 16, 2009
Dan Boots
Most intellectual property rights to catchy basketball trademarks belong to the NCAA.
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Pacers' owners deserve accolades, not scornRestricted Content

March 16, 2009
Bill Benner
Indiana residents should be thanking Herb and Mel Simon for their multitude of contributions to the state, instead of bashing them.
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Meet the guy who can call a foul on the refereeRestricted Content

March 9, 2009
Bill Benner
While he gets great seats every time as he watches about 75 basketball games a season, John Adams also has serious responsibilities as the NCAA's national coordinator of men's basketball officiating.
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Former SI editor pens book about first Indianapolis 500Restricted Content

March 9, 2009
Simon & Schuster has hired former Sports Illustrated Executive Editor Charles Leerhsen to write the story of the 1911 race and hopes to have it on bookstore shelves by the race's centennial.
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Taking Sycamores to final looks easy in retrospectRestricted Content

March 2, 2009
Bill Benner
It might have been easier for Larry Bird to lead the championship game of the NCAA's men's basketball tournament 30 years ago with those improbable underdog Sycamores than to right the ship he's steering as president of basketball for the Indiana Pacers now.
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Local attorney is part of USATF board overhaulRestricted Content

March 2, 2009
Baker & Daniels attorney Max Siegel was recently named to the USA Track & Field board and will play a role in a restructuring of the sports sanctioning body headquartered in Indianapolis.
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Stern's definition of 'golden age' is laughableRestricted Content

February 23, 2009
Bill Benner

Of this, that and the other while wondering if NBA Commissioner David Stern had just taken a hit off Michael Phelps' bong when he proclaimed this to be "the golden age of basketball" during his all-star weekend news conference in Phoenix.

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Tennis tournament goes on advertising offensiveRestricted Content

February 23, 2009
The Indianapolis Tennis Championships (formerly the RCA Championships) has for the first time hired an advertising agency to boost ticket sales.
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CIB can't count on mall fundersRestricted Content

February 23, 2009
If the Capital Improvement Board comes, hat in hand, looking for help, we trust the investing companies will carefully weigh the benefits they've derived from the city and its thriving downtown before delivering an answer.
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Simons don't need our financial helpRestricted Content

February 23, 2009
The most important piece of leverage Mayor Ballard has in negotiating with the Pacers is being willing to let them go.
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Indians concerned about possible ticket taxRestricted Content

February 16, 2009
Anthony Schoettle
Some local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've already paid more than their share.
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CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficitRestricted Content

February 16, 2009
Cory Schouten
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
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Finding bright spots amid wave of bad Indy sports newsRestricted Content

February 16, 2009
Bill Benner
So much sad, bad, disturbing sports news. Time to look on the brighter side.
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Are we victims of 'group think'?Restricted Content

February 16, 2009
John Guy
"Group think," a powerful and controlling force, was present as the Capital Improvement Board built Lucas Oil Stadium and Eli Lilly and Co. developed and marketed Zyprexa.
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Pacers Foundation keeps givingRestricted Content

February 16, 2009
The Pacers Foundation Inc. eclipsed more than $700,000 in giving in 2008, according to Pacers Foundation Executive Director Jami Marsh.
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Professional athletes are too selfishRestricted Content

February 16, 2009
Professional athletes make millions of dollars, but are reluctant to help those who need them.
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Don't ask the ColtsRestricted Content

February 16, 2009
The Colts are our "heroes," the bedrock of our community (at least for the few months per year that most of them spend here). Why should these esteemed athletes help the city?
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It's time for Colts, fans to pay upRestricted Content

February 16, 2009
I agree 100 percent that Colts' owner Jim Irsay should step up to the plate to help bail out the Capital Improvement Board debt and that Colts' ticket holders should be taxed.
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Pacers: We've lost money 9 of last 10 yearsRestricted Content

February 9, 2009
Anthony Schoettle
Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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