Sports Business

Pacers plan upgrades to Bankers Life Fieldhouse

August 16, 2012
 IBJ Staff
Improvements to the home arena of the Indiana Pacers will include a new scoreboard and a renovation of the arena's television studios, said a source with knowledge of the planned changes.
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Downtown Indianapolis gearing up for big visitor weekend

August 16, 2012
Scott Olson
The Gen Con Indy gaming convention and the MotoGP race are among several events the city is hosting that could produce an economic impact of $150 million, according to the Indianapolis Convention and Visitors Association.
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Playoffs?! CIB predicts Colts won't host postseason game

August 14, 2012
J.K. Wall
The city entity that owns Lucas Oil Stadium, where the Colts play their home games, budgeted $1 million less in admission-tax revenue for 2013 for one reason: The board does not expect the Colts to host any playoff games.
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MainGate inks 3-year merchandise deal with Lucas Oil

August 14, 2012
MainGate has developed the LucasOilGear.com website to sell apparel and novelties, including T-shirts and outerwear featuring the Lucas Oil Stadium, Lucas Oil and Lucas Oil Racing Series brands.
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Latest CIB budget contains no new payments to Pacers

August 13, 2012
J.K. Wall
Payments on a three-year, $30 million subsidy ended this year, but discussions continue between CIB officials and Pacers officials on future leases involving Bankers Life Fieldhouse.
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BENNER: Why Michael Phelps laps other great Olympic athletesRestricted Content

August 11, 2012
Bill Benner
Thoughts on this, that and the other while watching the world's athletes.
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Super Bowl bid might spur new downtown hotelRestricted Content

August 11, 2012
Anthony Schoettle
Downtown is short of the four- and five-star hotel rooms preferred by National Football League sponsors and partners for a 2018 Super Bowl host, but local tourism officials are hesitant to add more hotel space just to secure a second Super Bowl.
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BENNER: Brazil humbled Team USA at Pan American GamesRestricted Content

August 4, 2012
Bill Benner
Memories of the big Indy event on the 25th anniversary
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NCAA committee endorses new penalty structure

August 2, 2012
Associated Press
Nearly a year after promising to impose harsher sanctions on the most egregious rule-breakers, NCAA leaders endorsed a proposal Thursday that would make schools subject to the same crippling penalties just handed to Penn State.
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Anderson using Colts training camp in year-round tourism effort

August 2, 2012
Anthony Schoettle
With a new Indianapolis Colts coach and quarterback on the field, Anderson officials expect to see an increase in training camp attendance this season that will help boost tourism in Madison County all year.
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Colts' sellout streak in danger, single-game tickets set to go on sale

August 1, 2012
Anthony Schoettle
The Indianapolis Colts still have nearly 1,600 unsold seats for their season opener. Many of those will go on sale this week through single-game tickets, marking the first time since 2003 the team hasn't sold out through season-ticket sales.
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Brickyard 400 profitable despite falling crowds, experts say

July 30, 2012
Anthony Schoettle
Despite sharp attendance declines in recent years at the Brickyard 400, the NASCAR event remains hugely profitable for the Indianapolis Motor Speedway, motorsports industry experts say.
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BENNER: Penn State punishment won't get to root of our problemRestricted Content

July 28, 2012
Bill Benner
As I surveyed the reaction to the NCAA’s decision to crush the football program at Penn State University, one thought kept coming to me in two entirely different ways: What if it had been my son?
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Lotus may leave IndyCar one year into five-year deal

July 27, 2012
Anthony Schoettle
Group Lotus Plc is considering leaving the IndyCar Series as an engine supplier at the end of this season—its first as a part of a five-year deal it signed last year to supply turbo engines to IndyCar teams.
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Penn State sanctions 'watershed moment' for NCAA

July 23, 2012
Cory Schouten
The National Collegiate Athletic Association's swift and severe punishment of Penn State University over a sexual abuse scandal is a bold departure from its normal operating procedure.
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NCAA hammers Penn State with major sanctions

July 23, 2012
Bloomberg News, Associated Press
The NCAA on Monday morning slammed Penn State with an unprecedented series of penalties, including a $60 million fine and the loss of all coach Joe Paterno's victories from 1998-2011, in the wake of the Jerry Sandusky child sex abuse scandal.
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Mudathlon makes a splash as obstacle course races growRestricted Content

July 21, 2012
Ellen Kobe
A 3-year-old Westfield has taken advantage of the adventure-race trend by staging Mudathlons--obstacle courses conducted in the mud. More than 12,000 people were expected to participate in Mudathlon's four races this summer, up from about 2,000 at the company’s first two races in 2010.
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BENNER: NCAA should tread lightly with Penn State footballRestricted Content

July 21, 2012
Bill Benner
Instead of shutting down Penn State football, why not use that economic engine to do some enormous good?
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Colts work out deal with top draft pick Luck

July 19, 2012
Associated Press
Quarterback Andrew Luck, a two-time Heisman Trophy runner-up at Stanford University, will replace Peyton Manning behind center this season.
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City plans bid on 2018 Super Bowl

July 18, 2012
Scott Olson
Officials are emboldened by the financial results of the city's first time hosting the NFL championship game in February, which produced a direct economic impact of $176 million, according to a study commissioned by the Indianapolis Super Bowl Host Committee.
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City, state planning another Super Bowl bid, sources say

July 18, 2012
 IBJ Staff
Officials for the city and the state are expected to announce plans to bid on another Super Bowl for Indianapolis, multiple media outlets reported Tuesday, citing anonymous sources.
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Golf courses scramble to weather lack of rain

July 14, 2012
Anthony Schoettle
Crooked_Stick_WatchVideoPGA officials are keeping their eyes on Carmel's Crooked Stick as the BMW Championship approaches. And groundskeepers are using some high-tech tactics to avoid the withering effects of drought.
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Finish Line's high-tech store prototype still has kinksRestricted Content

July 14, 2012
Cory Schouten
A prototype store launched by athletic shoe and apparel retailer The Finish Line Inc. on May 25 aims to use technology to marry brick-and-mortar to the company’s online operation. But interactive tablets that are a centerpiece of the so-called omnichannel strategy are not yet up and running.
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BENNER: Let me tell you something about the great Charlie FoutyRestricted Content

July 14, 2012
Bill Benner
I always have had a soft spot for basketball referees.
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Firm pitching Super Bowl rentals in Indy ordered to pay up

July 12, 2012
Associated Press
An Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services before the Super Bowl last February.
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