Sports Business

Plan would shift money from horse racing to auto racing

April 9, 2013
 The Statehouse File
The move—debated Monday in the Indiana House Ways and Means Committee—is meant to subsidize upgrades at the Indianapolis Motor Speedway and make low-interest loans available to other auto tracks and businesses across the state.
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BENNER: NCAA regional brought coaching royalty to IndianapolisRestricted Content

April 6, 2013
Bill Benner
Rick Pitino, Tom Izzo and Mike Krzyzewski would be the making of a pretty good three-fourths of a coaching Mount Rushmore.
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Ice to take over operations at Pan Am skating facility

April 5, 2013
Mason King
The Indiana Ice have come to an agreement with owner Kite Realty Group to use the Pan Am Plaza skating facility as a training center and venue for games after renovations this summer. It also will be open to the public for other ice-related activities.
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Ice likely to play more games at revamped Pan Am facilities

April 5, 2013
Scott Olson
Building owner Kite Realty Group Trust has agreed to renovate the aging facility's ice rinks to enable the hockey team to play more games there next season.
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Skating academy to close ice rinks at Pan Am Plaza

April 3, 2013
 IBJ Staff
Indiana World Skating Academy, a fixture in downtown Indianapolis since 1987, plans to suspend operations of its two indoor ice rinks at Pan Am Plaza this month and begin looking for a new location, the not-for-profit announced Wednesday.
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Miles hits throttle on overhaul for IndyCar, IMSRestricted Content

March 30, 2013
Anthony Schoettle
Hulman & Co. CEO Mark Miles is revving up an ambitious plan to overhaul the IndyCar Series and Indianapolis Motor Speedway management team. He wants to develop a revenue-sharing plan that assures the series and the tracks that host its races are motivated to roll in the same direction.
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Golf business heats up thanks to 2012 drought

March 30, 2013
Anthony Schoettle
Positives can be hard to find in a record-breaking drought. However, for most of the roughly 430 golf courses in Indiana, last summer’s scorcher was actually good for business.
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BENNER: Of many shining moments, one could have shone brightestRestricted Content

March 30, 2013
Bill Benner
Some years stand out as we celebrate the 75th anniversary of the NCAA tournament.
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Olympic snub is sharp blow for Lucas Oil StadiumRestricted Content

March 30, 2013
Anthony Schoettle
USA Swimming’s decision to torpedo a bid to host the 2016 Olympic Swim Trials at Lucas Oil Stadium casts doubts on the venue’s chances for future big-time, non-traditional events.
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Butler coach Stevens not leaving for UCLA, sources say

March 29, 2013
Anthony Schoettle
Brad Stevens visited with UCLA officials this week, sources said, to discuss the school's vacant coaching job. But several sources, including ESPN and CBS Sports, reported Friday afternoon that Stevens was staying at Butler.
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Q&A: 'Mad Dog' enjoying greener pastures with Indianapolis Colts

March 28, 2013
Chris O'Malley
Jimmy Matis wasn't sure what he would do when he lost his job after 24 years at Q95, but in this life, he says, "you just have to understand that you constantly have to learn."
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College coaches find way back to hoops after NCAA bans

March 27, 2013
Associated Press
Of the 44 former men's basketball coaches given so-called "show-cause" orders since 2000—such as IU's Kelvin Sampson—at least 25 found other basketball jobs, usually after the orders expired.
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Indy Motor Speedway to charge for infield parking spots

March 25, 2013
Associated Press
Passes for parking inside the third turn for the Indianapolis 500 and Brickyard 400 NASCAR race went on sale Monday. Front-row parking spaces cost $75 while additional general parking spaces will sell for $25.
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Demand for hotels, tickets spike as NCAA regional looms

March 25, 2013
Anthony Schoettle
Downtown hoteliers are expecting a sellout this weekend, and ticket brokers are reporting a spike in ticket prices even though Indiana University is playing elsewhere.
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BENNER: Criticism heaped on NCAA takes toll on rank-and-fileRestricted Content

March 23, 2013
Bill Benner
The list of lightning-rod issues is long and, unfortunately, growing.
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Company taps sports market with bacteria-stalking chemicalRestricted Content

March 23, 2013
Anthony Schoettle
Anderson-based Coeus Technology has invented a chemical that kills dangerous bacteria, including potentially deadly staph, by forming a germ-killing barrier that lasts two weeks to six months.
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Schools use IU basketball team as classroom tool

March 22, 2013
Associated Press
Elementary school teachers in Bloomington are incorporating Indiana University basketball players into their lesson plans, including No. 4 Victor Oladipo. The top-seeded Hoosiers play their opening round NCAA tournament game Friday afternoon.
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NCAA titles don't guarantee windfalls for universities

March 21, 2013
Bloomberg News
While supporters of big-time college athletics say basketball championships increase sports revenue, stimulate fundraising and encourage student applications, data compiled by Bloomberg News show that not all of that is true, and there’s no guarantee of a lasting effect.
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Butler announces move to new Big East conference

March 20, 2013
 IBJ Staff, Bloomberg News, Associated Press
Butler University, Creighton and Xavier will join the so-called Catholic 7 schools in the new basketball conference, the schools announced Wednesday. The conference agreed to play its men's basketball tournament at Madison Square Garden for the next three years.
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Speedrome gains momentum with sponsorship deals

March 20, 2013
Anthony Schoettle
At a time when sports sponsorships in general and motorsports sponsorships in particular aren't easy to score, the 72-year-old Speedrome has announced five such pacts in the last month.
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Indianapolis loses bid to host 2016 Olympic swim trials in stadium

March 19, 2013
 IBJ Staff
Indianapolis has been eliminated as a candidate to host the 2016 U.S. Olympic swimming trials at Lucas Oil Stadium. USA Swimming told local leaders that the venue would be "challenging for creating an intimate swimming setting."
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Running events proliferate; sponsor dollars pour inRestricted Content

March 18, 2013
Anthony Schoettle
The 500 Festival Mini Marathon in May will once again focus Hoosier attention on distance running—a sport where shifting demographics and rising interest have combined to generate strong sponsorship revenue.
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Ticket brokers, city to take lumps as IU sent east

March 18, 2013
Anthony Schoettle
Ticket brokers took a gut punch Sunday when NCAA officials announced that Indiana University would not be playing in the Midwest Regional of the men's basketball tournament. Local tourism officials say the economic impact could drop $1.5 million.
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Ex-Butler chief hatched plan to use basketball to turn around university

March 16, 2013
Anthony Schoettle
Twenty-five years ago, Butler University President Geoffrey Bannister had an idea to elevate the college by making the lowly men’s Bulldog basketball team a national power, then use it as a marketing tool to engage alumni, increase annual giving to the school, and recruit more and better students and instructors.
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Indiana House backs bill allowing younger sports referees

March 11, 2013
Associated Press
The Indiana House voted 92-4 on Monday in favor of the bill adding youth sports officials to the list of jobs for which children younger than 14 can be hired.
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