Sports Venues

Tony George resigns from Speedway, IRL board

January 19, 2010
Anthony Schoettle
His resignation removes George from any remaining role in Hulman & Co., Indianapolis Motor Speedway, IMS Productions and other affiliated companies.
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Uncertainty over 2012 Super Bowl puts hotels in a bind

January 16, 2010
Anthony Schoettle
At issue is a dispute pitting NFL players against owners, and owners against one another over how league revenue should be divided. If it isn't resolved, the 2011 season could be shortened, delayed or canceled.
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Indianapolis still in hunt to be World Cup host

January 12, 2010
Anthony Schoettle
Indianapolis was one of 18 cities included in United State's bid to host World Cup Soccer event in 2018 or 2022.
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Venue-management titans emerge as CIB front-runners

January 9, 2010
Peter Schnitzler
Experts say a unique four-way partnership that includes the Pacers and Indianapolis Convention & Visitors Association may be the favorite to run the city's sports and convention venues.
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Lucas Oil Stadium lease for Final Four is on CIB's front burner

January 9, 2010
 IBJ Staff
Greg Shaheen, NCAA senior vice president of basketball and business strategies, said the deal needs tweaking because Lucas Oil Stadium was in the conceptual stages when Indianapolis won the bid to host the 2010 Final Four.
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Big companies seek chance to bid on CIB privatization

January 8, 2010
Peter Schnitzler
Indianapolis receives a dozen responses to its proposal to privatize management of Lucas Oil Stadium, the Indiana Convention Center and, perhaps, Conseco Fieldhouse.
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Irsay calls decision a 'close call,' but 'courageous'

December 30, 2009
Anthony Schoettle
Indianapolis Colts team owner says he doesn't expect fan backlash over pulling starters in loss to last long.
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IUPUI seeking funds from CIB to renovate Natatorium

December 14, 2009
Scott Olson
IUPUI says it needs about $15 million to renovate the aging Natatorium swimming complex and wants the city's Capital Improvement Board to fund part of the expense.
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Indianapolis Indians take big revenue hit, but team still profitable

December 5, 2009
Anthony Schoettle
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite that, the team’s board voted unanimously to pay a dividend.
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Baseball meetings let leaders tout Indianapolis to influential audience

December 5, 2009
Anthony Schoettle
Indianapolis was up against Dallas, Las Vegas, Orlando, Atlanta and New Orleans to host baseball's Winter Meetings, which will draw more than 200 media members from the nation’s top 30 markets.
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Tennis officials set to reveal tournament buyer

December 4, 2009
Anthony Schoettle
Sources told IBJ last week that the U.S. Tennis Association Southern Section was in serious negotiations to buy the event and move it to Atlanta.
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Heavyweights may vie to manage venues for troubled CIBRestricted Content

November 21, 2009
Peter Schnitzler
An aide to Mayor Greg Ballard says he hopes a private operator can find “operating and maintenance savings in the millions."
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CIB finances improving, though concerns remain

November 9, 2009
Scott Olson
Approaching the end of 2009, Indianapolis' cash-strapped Capital Improvement Board is on much more solid financial footing.
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Critics: NCAA's reselling of suites out of sync with scalping ban

November 7, 2009
Anthony Schoettle
Lucas Oil Stadium suite holders are upset that the NCAA is taking their luxury boxes for the men’s basketball Final Four in April and reselling them on the secondary—or scalpers—market.
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Citizens Energy donates land to baseball not-for profit

November 5, 2009
Citizens has donated 28 acres of land from its former Citizens Gas & Coke Utility site on the southeast side of Indianapolis to Play Ball Indiana for the development of a youth sports complex.
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Circle City Classic must boost attendance, sponsorship revenue to surviveRestricted Content

October 24, 2009
Anthony Schoettle
Dramatic decreases in sponsorship and ticket revenue this year and the recent resignation of the Circle City Classic’s new executive director have some questioning if the event can survive. Now Classic leaders are considering a bevy of bold changes.
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Indiana Members Credit Union signs Pacers sponsorship pact

October 17, 2009
 IBJ Staff
The agreement includes player appearances, a Pacers debit card, courtside signage, radio spots, hospitality and use of the Conseco Fieldhouse practice court for community relations initiatives.
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Sales of luxury suites slow at most Indianapolis sports venues

October 17, 2009
Anthony Schoettle
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue now, thanks to the recession and companies keeping a closer eye on spending.
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Lucas Oil out to build on Jiffy Lube dealRestricted Content

October 10, 2009
Anthony Schoettle
One year after emblazoning its name on the Indianapolis Colts’ mammoth new home, Lucas Oil Products Inc. has leveraged that sponsorship into a pact with Jiffy Lube that company founder Forrest Lucas thinks will score huge profits for his company.
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NCAA, city haggle over Final Four rental dealRestricted Content

September 19, 2009
Anthony Schoettle
A little more than six months before the 2010 NCAA men’s Final Four is set to tip off at Lucas Oil Stadium, the NCAA has not yet finalized a rental deal for the facility. While officials for the NCAA and Local Organizing Committee, the group charged with operating the event in Indianapolis, downplay any problems, sports business experts say it is unusual not to have an agreement pinned down in the months leading up to the event.
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Indians report 2009 attendance figures

September 19, 2009
 IBJ Staff
The Tribe attracted 549,552 fans (8,202 per game) to Victory Field this season—its third-best average since 2001.
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BENNER: Lin Dunn working her coaching magic on the Indiana FeverRestricted Content

August 24, 2009
Bill Benner
When it comes to basketball coaching greats with Indiana ties, the question is not where to start the list—John Wooden, Bob Knight, Tony Hinkle and Bobby Leonard would qualify as an initial Mount Rushmore—but where to end it. Among women, the list is significantly shorter, but there’s one name that would be right at the top.
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Colts take lead in fighting drunk driving

August 24, 2009
 IBJ Staff
The National Football League and stadium operators are sending a strong anti-drunk-driving message to fans this year as part of an effort to expand the league’s 1-year-old Fan Code of Conduct program.
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BENNER: Time will prove the wisdom of building stadiumRestricted Content

August 17, 2009
Bill Benner
A year ago, we opened Lucas Oil Stadium. We've been arguing about it ever since.
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CIB OKs budget, but awaits council vote

August 10, 2009
Scott Olson
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the City-County Council’s approval of a hike in the local hotel tax.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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