Sports Business

Skjodt plotting $25 million sports complexRestricted Content

September 20, 2014
Anthony Schoettle
Paul Skjodt, owner of the now-dormant Indiana Ice hockey team, has secured an option on 92 acres in a busy northwest-side corridor for a $25 million multi-use sports complex.
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Manager of Cultural Trail plans HQ projectRestricted Content

September 20, 2014
Scott Olson
The not-for-profit that oversees the Indianapolis Cultural Trail and the Indiana Pacers Bikeshare program plans to shed its training wheels and renovate a former service station along the trail as its headquarters.
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Lean years loom for Capital Improvement BoardRestricted Content

September 20, 2014
Kathleen McLaughlin
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
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Year wait expected for start of Wigwam work

September 15, 2014
Associated Press
The developer taking over Anderson's Wigwam gymnasium is expecting to start work at the complex in about a year. The group plans to convert part of the complex into 55 multifamily housing units while maintaining the gym.
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Sports Corp., Speedway make way for new leadership

September 12, 2014
Kathleen McLaughlin, Anthony Schoetle
The change of guard at Indiana Sports Corp. will take place in late October, giving Ryan Vaughn time to finish out negotiations for the city’s 2015 budget, currently under review by the City-County Council.
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Melangton leaving Sports Corp. for IMS

September 12, 2014
Greg Andrews, Jeff Newman, Anthony Schoettle
Allison Melangton plans to step down as Indiana Sports Corp. president and will become senior vice president of events with Hulman & Co., parent of the Indianapolis Motor Speedway. Ryan Vaughn, chief of staff to Indianapolis Mayor Greg Ballard, will succeed Melangton.
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IU to provide business classes tailored to NFL players

September 12, 2014
Anthony Schoettle
The National Football League Players Association this month launched a first-of-its-kind partnership with the Indiana University Kelley School of Business.
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Ball State AD leaving for Marquette University

September 9, 2014
Associated Press
Bill Scholl joined Ball State in April 2012 after he spent 23 years in athletics administration at the University of Notre Dame, including the last three as deputy athletic director.
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PGA Tour event returning to Crooked Stick

September 9, 2014
Anthony Schoettle
The BMW Championship will tee off again at Carmel's Crooked Stick Golf Club in 2016. In 2012, the event, won by Rory McIlroy, generated $30 million in economic impact for the region.
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As other WNBA teams struggle, Indiana Fever becomes model of stability

September 6, 2014
Anthony Schoettle
An aggressive year-round sales effort and the backing of the Indiana Pacers’ owner and top executive have pushed the Indiana Fever to profitability and helped the 15-year-old team become one of the WNBA’s model franchises.
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IndyCar race director leaving after three seasons

September 5, 2014
Associated Press
Beaux Barfield is leaving his role as race director of IndyCar for the same position with the International Motor Sports Association's Tudor United Sports Car Championship Series.
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NCAA asks for dismissal of 2 scholarship lawsuits

September 4, 2014
Associated Press
The NCAA and 11 conferences that have played major college football in recent years have filed a motion to dismiss two antitrust lawsuits that accuse the association of illegally capping compensation to athletes.
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Lin Dunn's Hall of Fame career comes to an end

September 3, 2014
Associated Press
Indiana Fever coach Lin Dunn's postgame meeting with her players Wednesday was unlike any season wrap-up speech she had ever given.
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Colts aim to stay course during Irsay's absence

September 3, 2014
Associated Press
The Colts went back to work Wednesday as team owner Jim Irsay started his six-week suspension by the National Football League, just four days before the season opener against Peyton Manning and the Denver Broncos.
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Kokomo lines up team for new baseball stadium

September 3, 2014
 Associated Press and IBJ Staff
The Kokomo team will be part of the 12-team Prospect League, which features top collegiate players and includes teams in the Indiana cities of Terre Haute and Richmond. Other teams are in Ohio, Pennsylvania, Missouri, Illinois and West Virginia.
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UPDATE: NFL suspends Irsay for 6 games, fines him $500,000

September 2, 2014
 Associated Press and IBJ Staff
Indianapolis Colts owner Jim Irsay has been suspended for six games and fined a maximum $500,000 by the National Football League for violating the league's personal conduct policy, the NFL said Tuesday.
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St. Vincent considers $14M sports performance facility at Marian

September 2, 2014
Jeff Newman
Marian University, St. Vincent Health and four amateur sports groups have entered into formal discussions that could result in major developments at the northwest-side campus, the university announced Tuesday.
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UPDATE: Irsay pleads guilty to misdemeanor in drug case

September 2, 2014
Associated Press
Colts owner Jim Irsay will be on probation for a year and be required to submit to drug tests. His driver's license has been suspended for one year.
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Indians cross home with record attendance blast

September 2, 2014
Mason King
Throwing up big numbers in the bottom of the ninth, the Indianapolis Indians established a new single-season attendance record for Victory Field on Saturday in the team's last home game.
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Colts helping train high school coachesRestricted Content

August 30, 2014
Thanks to $40,000 donated by the Indianapolis Colts, USA Football’s Heads Up Football safety program will be offered to all Indiana high school football coaches in 2015.
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Large crowds buoying pro sports teams

August 30, 2014
Anthony Schoettle
There’s never been a better time to be a professional sports franchise operator in Indianapolis. Season-ticket renewal rates and attendance are near record levels. But some observers wonder whether too much of a good thing could turn into a bad thing if spending on sports outruns growth in the local economy.
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Change of plea hearing set for Colts owner Irsay

August 29, 2014
Associated Press
A change of plea hearing has been set for Tuesday for Indianapolis Colts owner Jim Irsay, who faces drug-related charges following a March traffic stop.
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Longtime NCAA executive Isch set to retire

August 26, 2014
Associated Press
Chief operating officer Jim Isch announced he would retire early next year, a move that is prompting NCAA President Mark Emmert to reorganize his top staff.
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NBA unveils new rules to make baselines safer

August 26, 2014
Associated Press
Clearing the congestion behind the playing area was planned even before Indiana Pacer Paul George broke his right leg when he crashed into the stanchion last month during a USA Basketball exhibition game.
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NCAA files intent to appeal O'Bannon decision

August 21, 2014
Associated Press
The NCAA has notified the 9th U.S. Circuit Court of Appeals that it intends to appeal a judge's ruling in the Ed O'Bannon case that it violated antitrust laws. What's unclear is how the NCAA's legal team will attack the ruling.
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