Sports Business

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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BENNER: From the NBA to the Big Ten, putting butts in seats is kingRestricted Content

March 9, 2013
Bill Benner
Even watching the game from home on ESPN, a casual observer might have thought Bankers Lie Fieldhouse was a neutral court.
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Botched Miami probe latest controversy to tarnish NCAARestricted Content

March 9, 2013
Anthony Schoettle
The mountain of ill will piling up against the NCAA and its CEO, Mark Emmert, threatens to derail some of Emmert’s bold initiatives and could topple Emmert himself.
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Indiana House panel OKs child labor-referee measure

March 6, 2013
Associated Press
An Indiana House panel on Tuesday unanimously approved a measure pushed by a 13-year-old boy that would allow sports leagues to hire youngsters like him as referees.
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Pacers general manager wrote the book on teamworkRestricted Content

March 2, 2013
Anthony Schoettle
Indiana Pacers General Manager Kevin Pritchard believes character is forged in losing as much as in winning. He's shared that philosophy in a recent book he co-wrote called "Help the Helper: Building a Culture of Extreme Teamwork."
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BENNER: Bird’s faith in Lance Stephenson now looks well-placedRestricted Content

March 2, 2013
Bill Benner
I guarantee he’s closely watching the team he assembled and has a trained eye on the 22-year-old.
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Reports: Butler to join new Big East as early as next season

February 28, 2013
 IBJ Staff
Although it has not yet withdrawn from the Atlantic 10, Butler University will join the so-called "Catholic 7" in the new conference, according to reports in national media outlets. The school declined to comment on Friday.
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Emmert gets vote of confidence from NCAA

February 24, 2013
Associated Press
NCAA President Mark Emmert still has the confidence of the association's executive committee, despite several indicators in recent days that some schools are questioning his effectiveness.
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Daytona 500 gets green light despite horrific accident

February 23, 2013
Associated Press
Daytona International Speedway President Joie Chitwood said the track will "be ready to go racing" in time for Sunday's Daytona 500, following an accident Saturday that injured fans and drivers.
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Crean's revival of IU basketball fuels donations, merchandise salesRestricted Content

February 23, 2013
Anthony Schoettle
Indiana University is looking to cash in on the success of its men's basketball team this season, but is struggling to find ways to make more money from an already popular program.
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Westfield golf pro to be inducted into PGA Hall of FameRestricted Content

February 23, 2013
Don "Chip" Essig IV was the 2011 recipient of the PGA Golf Professional of the Year award.
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BENNER: College hoops would benefit from less hacking and floppingRestricted Content

February 23, 2013
Bill Benner
I'm worried about where the game seems to be heading. Where's the rhythm and flow?
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Collectors snap up Bush Stadium's salvaged seats

February 22, 2013
Cory Schouten
Indianapolis sports fans and collectors lined up Thursday to buy seats salvaged from Bush Stadium, snapping up more than 300 in the first day of the three-day sale — six times as many as organizer People for Urban Progress had expected for the entire offering.
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NCAA sues Pennsylvania over $60M Sandusky abuse fine

February 21, 2013
Bloomberg News
The governing body for college sports says that the state is violating the U.S. Constitution by passing a law that confiscates the $60 million sanction imposed against Penn State in the Jerry Sandusky child-abuse case.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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