Sports Business

Fieldhouse gets Bankers Life name

December 22, 2011
Francesca Jarosz
It will be difficult to rebrand the arena where the Indiana Pacers play, but team officials praised sponsor CNO Financial for sticking with the $20 million naming-rights deal despite tough times.
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Hotels already calling venue CNO Financial Fieldhouse

December 20, 2011
 IBJ Staff
The Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
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NFL's new TV deals are big score for ColtsRestricted Content

December 17, 2011
Anthony Schoettle
The NFL's new broadcast agreements with CBS, Fox and NBC will make the league by far the richest in terms of professional sports broadcast pacts. The Colts will get close to $218.8 million a year from the deals starting in 2014.
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Zionsville-based Just Marketing signs deal with NissanRestricted Content

December 17, 2011
 IBJ Staff
Financial terms of the deal were not disclosed, but motorsports business experts estimated it’s probably worth $1 million to $5 million a year.
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BENNER: Pacers replace Colts as object of our optimismRestricted Content

December 15, 2011
Bill Benner
It would take at least another season like this for the Colts to experience the amount of ill will that has been tossed the Indiana Pacers' way.
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Fisher’s IndyCar team building headquarters in Speedway

December 15, 2011
Scott Olson
Sarah Fisher Hartman Racing plans to build a $2.7 million facility on Speedway's new Main Street to house her race team. Construction on the 37,000-square-foot shop could start in February and be finished in September.
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Rolling Stone, Bacardi to host Super Bowl bash

December 13, 2011
 IBJ Staff and Associated Press
Rolling Stone magazine and rum maker Bacardi say they plan to throw a star-studded party the night before the Super Bowl at a renovated factory called The Crane Bay two blocks west of Lucas Oil Stadium.
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Indianapolis' revitalized Georgia Street is work in progress

December 10, 2011
Cory Schouten
Workers finished $12.5 million in improvements between the Indiana Convention Center and Conseco Fieldhouse in November. Now will building owners bring the entertainment spot to life?
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NCAA president promises sweeping rules changes, no pay for athletesRestricted Content

December 10, 2011
 IBJ Staff
Reform will eliminate unenforceable, low-impact regulations.
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BENNER: For BCS chief, this isn't the season of good willRestricted Content

December 10, 2011
Bill Benner
Why would one of the nicest people I know place himself in a position where he gets criticized almost daily?
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IndyCar Series won't return to Las Vegas in 2012

December 9, 2011
Associated Press
The IndyCar Series won't return to Las Vegas Motor Speedway next season, and its future at the track depends in part on what it learns from the investigation into Dan Wheldon's fatal accident.
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Giant Super Bowl ads set to adorn downtown buildings

December 7, 2011
Cory Schouten
Downtown building owners are looking to cash in on the upcoming Super Bowl by selling space for massive temporary advertisements.
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Bulls, Pacers to open preseason with charity game

December 6, 2011
Associated Press
The Indiana Pacers will open the long-delayed preseason Dec. 16 by hosting the Chicago Bulls at Conseco Fieldhouse. All proceeds from the game will go to the United Way of Central Indiana.
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Labor deal not a panacea for PacersRestricted Content

December 3, 2011
Anthony Schoettle
Sports business experts with knowledge of the new collective bargaining agreement expected to be ratified by NBA owners and players this week think it will push the Indiana Pacers toward breaking even but won’t ensure the team’s long-term profitability.
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East-side Reebok plant flourishes despite NFL contract lossRestricted Content

December 3, 2011
Anthony Schoettle
The Reebok-Adidas plant on Indianapolis' east side, faced with losing an estimated 60 percent of its business when its National Football League contract expires early next year, has done what no one would expect: Add employees.
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BENNER: Colts should keep Peyton, even if he can't playRestricted Content

December 3, 2011
Bill Benner
The thought of No. 18 flinging passes for another team is unsettling.
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Newman-Haas race team leaving IndyCar in 2012

December 2, 2011
Associated Press
Newman-Haas Racing, the team started by late actor Paul Newman, has decided it will not compete in 2012. It's the first time since 1982 Newman-Haas will not field an open-car team.
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For Big Ten championship, even suites are for sale

December 1, 2011
Scott Olson
Besides individual tickets, entire suites are being offered for as much as $28,000 on various online brokerage sites for the inaugural Big Ten championship football game.
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NBA owners, players reach tentative deal

November 26, 2011
Associated Press
Both sides of the NBA labor impasse reached an agreement early Saturday to end the 149-day lockout and hope to begin the delayed season with a marquee tripleheader Dec. 25. Most of a season that seemed in jeopardy of being lost entirely will be salvaged if both sides approve the handshake deal.
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BENNER: With Broncos' Tebow, gridiron meets gospelRestricted Content

November 26, 2011
Bill Benner
While we have a constitutionally mandated separation of church and state in this country, some also believe there should be a separation of church and sports.
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Ripken eyes Indy for major youth baseball complex

November 23, 2011
Anthony Schoettle
Officials for Ripken Baseball Inc., which operates two of the country's top youth baseball facilities, are considering Indianapolis as a location for a major complex that could cost up to $20 million to build and draw thousands of players and spectators each year.
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Ex-ABA team seeks more from old TV-rights deal with Pacers

November 22, 2011
 IBJ Staff and Bloomberg News
The Spirits of St. Louis Basketball Club LP, a defunct American Basketball Association team, claims it is owed even more TV revenue from the Indiana Pacers and three other NBA expansion teams than the teams are currently paying as part of a 1976 settlement.
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Stewart's NASCAR victory likely to boost local trade show

November 21, 2011
Anthony Schoettle
The International Motorsports Industry Show at the Indiana Convention Center should get a jolt of publicity from Tony Stewart, who is not only the 2011 NASCAR champ but the show's part-owner.
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Ski-lodge-themed facility planned for Union Station

November 19, 2011
Anthony Schoettle
The NFL is spending hundreds of thousands of dollars to build a posh 15,000-square-foot hospitality area inside Union Station’s Grand Hall for this year’s Super Bowl. The facility will be a perk for the league's best corporate partners, former players and coaches, and other high-rollers.
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BENNER: A badly needed week off from sports lunacy

November 19, 2011
Bill Benner
I need a bye week too ... from the Colts.
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  1. RKW's comments read like a modern "Chicken Little". As a Raintree resident for many years, "Yes, I'm ready for this." Matter of fact, I welcome The Farm because it's a development that compliments our town, brings new and desirable shopping & dining closer (specialty grocer, upscale shops, micro brew pub, etc), offers upscale condos for empty nesters who want to stay in Zionsville, is being planned and constructed by local, well-reputed firms and, of course, provides desirable non property tax benefits. We all knew the Pittman's were going to develop their property sooner than later. That one of the Pittman's will continue to live on the property helps assure The Farm will be everything promised. This also sets a standard for other developers as to the quality of future developments - which should keep an ugly Walmart at bay for decades. As we've no meglomaniac mayor, I seriously doubt Zionsville would ever aspire to over-priced statues or subsidized retail rents. And we already have a very nice public theater, the Zionsville Performing Arts Center, that meets our cultural needs quite nicely.

  2. Do we add (or subtract) these from the bounty we recieve from RTWFL, Daylight Savings Time, corporate tax giveaways, and the crack job IEDC is doing?? Or is Mike going to blame these on Mitch?

  3. Who makes Tater Tots? They would be a good sponsor, because $3 Million for the alleged "Greatest Spectacle In Racing" is taters. Tiny, tiny taters. But at least they are making up something of the losses accumulated over the years in this dying sport. Buttock in seat is certainly not doing it, nor eyeball on TV, as evidenced by the lack of both.

  4. We loved lakehouse and think the Arbor Village would be a great location. It is less than 2 miles from over 1000 rooftops in the 225,000 to over 1 million range. Many people could use the great fishers trail system to bike or walk there. Just an idea Scotty -- but maybe something closer to 3 Wiseman would good. The only microbrew in area is Ram (boring)

  5. True, it's an ESPN production, but ESPN is just another name for ABC Sports, or what used to be ABC Sports since ABC Sports no longer exists as a name. ESPN=ABC Sports= ESPN. ESPN is, according to Forbes "the world's most valuable media property" worth $40 billion. Despite that, they fired 400 people this week.

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