Sports Business

High-stakes NCAA amateurism trial gets under way

June 9, 2014
Bloomberg News
The case, brought by former UCLA basketball star Ed O'Bannon, could determine whether the NCAA has to negotiate with players seeking to be paid for appearing in televised games without forfeiting scholarships.
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Tiny Sheridan girds for inevitable growth

June 7, 2014
Andrea Muirragui Davis
The tiny Hamilton County community is mindful of sprawl in Carmel and Fishers, and is determined to absorb growth on its own terms.
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Lender to bankrupt country club puts on suitor’s cap

June 7, 2014
Greg Andrews
The lender for the Hawthorns Golf & Country Club is an affiliate of California-based Concert Golf Partners, which hopes to convert its debt into ownership of the Fishers club.
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Indy lands Big Ten championships through 2022

June 5, 2014
 IBJ Staff
Football will stay at Lucas Oil Stadium, and basketball will alternate with Chicago. The move allays suspicion that the conference intended to shift championship play to East Coast venues.
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Merger forms $382M, Indy-based motorcycle parts company

June 5, 2014
Dan Human
Indianapolis-based holding company LDI Ltd. has tripled its motorsports employee count and broadened its national reach with a deal for privately held Motorsport Aftermarket Group.
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Angie's List to affix name to Grand Prix as sponsor

June 3, 2014
Mason King
The consumer-review service has cut a deal to become the title sponsor of the Grand Prix of Indianapolis through 2016, and plans to help pack the stands with 5,000 of its own spectators.
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EA Sports to settle with NCAA athletes for $40 million

June 2, 2014
Associated Press
The settlement is with Electronic Arts and Collegiate Licensing Co., which licenses and markets college sports, and does not include the NCAA. A separate case against the Indianapolis-based NCAA is scheduled for trial early next year.
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Indianapolis cancels cricket championship

May 30, 2014
"Deteriorating" communications with the sponsoring organization forced the decision, the city of Indianapolis announced Friday afternoon.
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Driver Busch credits IndyCar for increased 500 TV ratings

May 30, 2014
Associated Press
The ratings increase could be attributed to Kurt Busch running both the Indy 500 and the Coca-Cola 600 on the same day, the first double attempt since 2004.
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IU medical school helping to lead $30M concussion study

May 30, 2014
Associated Press
The Indiana University School of Medicine will help oversee a three-year, $30 million concussion study being funded by the Indianapolis-based NCAA and the U.S. Defense Department.
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Former Colt, Bear take tax lawsuit to Ohio's top court

May 29, 2014
Bloomberg News
Former Indianapolis Colts center Jeff Saturday and ex-Chicago Bear linebacker Hunter Hillenmeyer are suing Cleveland over what they consider an "egregious and shameless money grab."
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Indy Fuel sign coach with team-building experience

May 27, 2014
 IBJ Staff
The city’s new professional hockey team on Tuesday announced the hiring of Scott Hillman, head coach and director of player operations for the Missouri Mavericks for the past five years.
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Hunter-Reay gets $2.4 million for winning Indy 500

May 27, 2014
Associated Press
Ryan Hunter-Reay edged Helio Castroneves by 0.060 seconds Sunday in the second-closest margin of victory in the history of the race. He became the first American to win the Indy 500 since Sam Hornish Jr. in 2006.
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Notre Dame takes lacrosse’s lowest revenue into final four

May 26, 2014
Bloomberg News
The University of Notre Dame men’s lacrosse team had a $1.5 million loss last year, highest in the country and more than triple the combined losses of the three other schools competing for the national title this weekend.
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Hunter-Reay holds off Castroneves to win Indy 500

May 25, 2014
Associated Press
Ryan Hunter-Reay used a series of daredevil moves in the final laps to deny Helio Castroneves a chance at history on Sunday and became the first American since 2006 to win "The Greatest Spectacle in Racing."
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Irsay formally charged with two misdemeanors

May 24, 2014
Associated Press
Police had filed four preliminary felony counts of possession of a controlled substance, stemming from his intoxicated driving arrest near his home in March. Prosecutors took weeks before deciding to file the misdemeanor charges instead.
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LOPRESTI: Victory Field is home to one of baseball's rising stars, for now

May 24, 2014
Gregory Polanco is a special player. It won't be long before he's called up to the Majors.
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IndyCar's TV ratings gaining momentumRestricted Content

May 24, 2014
Anthony Schoettle
TV ratings for the IndyCar Series zoomed 44 percent this year for the races leading up to the Indianapolis 500, compared to the same period a year ago, buoyed in part by a strong showing for the new Grand Prix of Indianapolis. But overall viewership remains anemic—less than one-fourth the audience for most NASCAR races.
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After Super Bowl setback, Indianapolis races to lure other events

May 24, 2014
Anthony Schoettle
A stinging defeat for Indy’s quest to land the 2018 Super Bowl leaves a giant opening in the city’s convention schedule and brings new urgency to recruiting future sports events.
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Indy 500 revels in tradition, embraces changes

May 23, 2014
Jessica Wray, The Statehouse File
The hallowed race is straddling a fine line as it tries to please longtime devotees and makes a raft of upgrades to the track and viewing experience designed to secure new fans.
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Ownership switch eyed for Anderson's Wigwam gym

May 22, 2014
Associated Press
Officials are working on the details of transferring ownership of Anderson's iconic Wigwam gymnasium to the city as part of the effort to save it.
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WNBA marketing campaign targets LGBT community

May 21, 2014
Associated Press
With the campaign, the WNBA is capitalizing on what it has known for years: The gay community makes up a significant portion of its fan base. The difference now is that the league is talking about it publicly and making it a deliberate part of its marketing strategy.
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Irsay open to another Super Bowl bid, but 2019 looks unlikely

May 20, 2014
Anthony Schoettle
It’s unclear what’s next for Indianapolis, which hosted its first Super Bowl in 2012. Organizers said it’s simply too early to consider going for another Super Bowl. It seems bidding next year for the 2019 game is off the table.
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Indianapolis loses Super Bowl bid to Minneapolis and its new stadium

May 20, 2014
Bloomberg News, Anthony Schoettle
Despite having what several NFL executives said was the strongest proposal, Indianapolis lost out on hosting the 2018 championship game to a city with a new, $975 million stadium in the wings.
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Indy Super Bowl bid calls for new football research center, HQ

May 20, 2014
Anthony Schoettle
Part of the legacy project included in Indianapolis' 2018 Super Bowl bid includes building a research and training center and headquarters for USA Football, local bid committee members revealed Tuesday morning.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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