Sports Business

Commentary: Smart policies can lengthen livesRestricted Content

June 9, 2008
Brian Williams
Over the last 20 years, life expectancy for residents of the United States as a whole has increased steadily. However, recent studies by the U.S. Department of Health and Human Services have shown that not all Americans are enjoying longer, healthier lives. The implications of these studies are particularly ominous for Hoosiers. The disparities in life expectancy are most pronounced between richer and poorer Americans, reflecting the pronounced growth of income inequality the last two decades. In 1980, the most...
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Indy Racing League enters talks for new TV deal: Negotiations start this month with ABC/ESPN, but deal may be shopped to other networks to gauge interestRestricted Content

June 9, 2008
Anthony Schoettle
After the checkered flag dropped on this year's Indianapolis 500, the green flag fell on negotiations for a new television contract between the Indy Racing League and ABC/ESPN. The current deal doesn't expire until the end of next season, but the contract calls for the parties to discuss an extension starting this month. Sources close to both sides said ABC/ESPN pays the IRL about $10 million annually, but getting that kind of guaranteed cash beyond 2009 could be difficult. Still,...
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NBA revenue-sharing plan could save Pacers: Team could get more than $6 million annuallyRestricted Content

June 2, 2008
Anthony Schoettle
The Indiana Pacers got an assist recently from other National Basketball Association owners that could push the team out of the red. In April, the league's board of governors approved a 63-percent increase in the amount of revenue shared among teams after a letter signed by Pacers co-owner Herb Simon and seven other small-market teams urged the change. The revenue challenges faced by smallmarket teams can no longer be ignored, said the letter signed by Simon in late 2006. Though...
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SPORTS: Open-wheel racing's full recovery still miles awayRestricted Content

June 2, 2008
Bill Benner
Well, to all but one sourpuss. "The [Indy Racing League] is garbage," said caller "Gordon from Zionsville" on WNDE's sports-talk show, "The Drive," on the Tuesday following the big race. Gordon was weighing in to denigrate the IRL and praise NASCAR. Back to him in a moment. For the time being, the IRL's competition isn't NASCAR. While overnight ratings showed the afternoon Indy 500 scored a bigger rating than NASCAR's prime-time 600-miler at Charlotte-and that Indy's ratings were up from...
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Not all feel need for 'Speed Zone': Speedway's $500M redevelopment plan is catching criticism from town's residentsRestricted Content

May 26, 2008
Chip Cutter
Speedway may have been built on motorsports, but some residents think a $500 million redevelopment plan that would transform the small town into a year-round racing-themed destination goes too far. The plan, which involves 350 acres south of Indianapolis Motor Speedway, has become the issue in town at a time when a certain race usually dominates conversations. At the cozy Charlie Brown's Pancake and Steak House on Main Street, patrons mull over the project in-between forkfuls of the diner's signature...
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We got game-what's next?: Super Bowl may require 10 times the personnel of Final FourRestricted Content

May 26, 2008
Anthony Schoettle
While landing another Super Bowl may be a long shot, local leaders clearly intend to show what Indianapolis is capable of accomplishing. "Our perspective is that this is a one-shot deal," said local attorney Jack Swarbrick, who was part of a small contingency that traveled to Atlanta last week for the bid presentation to NFL owners. "But if we do this, and we do it well, the world will know we can do anything. If you're thinking of Indianapolis hosting...
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SPORTS: City's Super Bowl score was decades in the makingRestricted Content

May 26, 2008
Bill Benner
Shoot, if I'd known city leaders were going to resurrect Dennis Hopper-Shooter, from my alltime favorite flick, "Hoosiers"- for the Super Bowl bid video, I would have suggested they also use Hickory High player Merle and paraphrase his memorable line: "Let's win it for all the smaller NFL-designated market areas that never had a chance to get here." Yes, we are the nation's 13th-largest city. Thank you, UniGov. But in terms of market size, we're 26th or so. Certainly not...
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Commentary: Putting rush hour on ICERestricted Content

May 26, 2008
Chris Katterjohn
Last week, after spending $71.83 to fill up my car, I said to myself, "Tomorrow, I'm taking the bus." So I did. It wasn't my first time on the new IndyGo commuter bus from Carmel; it was my fourth in the last five weeks. On that particular day, I was fed up. It was the first time that gassing up cost me more than $70, and it made an impression. I guess that's what it's going to take for all...
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SPORTS: A smorgasbord of sports, both good and badRestricted Content

May 19, 2008
Bill Benner
Of this, that and the other: Indiana University has filed its official response to the NCAA infractions committee regarding the violations allegedly committed by former men's basketball coach Kelvin Sampson. And Sampson has filed his response to IU's response. He believes he's been cast as a liar and a cheat. If only it weren't true. I'm also troubled by his complaint that the IU compliance staff didn't monitor the basketball coaches closely enough. How about some self-compliance, Kelvin? Fact is,...
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FUNNY BUSINESS: Begging for a Super Bowl: The ego and the bid

May 19, 2008
Mike Redmond
And so another Indianapolis Super Duper Bowl offering is in the hands of the immortals, also known as the NFL owners, delivered there by scrubbed, shining, briefcase-toting eighth graders. Now we know how far some adults will go to avoid rejection. The kids were chosen for this mission to, in the words of the organizers, show that the entire community wants to host the 2012 Championship of the World (Not Including All The Countries Outside The United States.) What a...
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Downtown firm specializes in unusual loans: Equities First Holdings sees growing demand for stock loans as tight credit markets make borrowing tougherRestricted Content

May 19, 2008
Scott Olson
With a cadre of six flat-screen monitors blanketing one side of his desk, Equities First Holdings LLC's Al Christy Jr. keeps a close eye on the performance of several stocks he's holding as collateral. No, he's not some sort of loan shark. He's what's known as a stock lender. The unusual premise is that market investors in need of prompt funding transfer shares to Christy who, in turn, lends his clients up to 80 percent of the stock's value, although...
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Simon, Morris turn up effort to make Fever profitableRestricted Content

May 19, 2008
Anthony Schoettle
The Indiana Fever could spike this year. Ticket sales, sponsorship and the local buzz about the team are on the rise. But perhaps most important, the Fever have key advocates in the Pacers Sports & Entertainment front office that the team simply hasn't had before.
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SPORTS: Making the case for a U.S. Open at Crooked StickRestricted Content

May 12, 2008
Bill Benner
Preparations are well under way for the U.S. Senior Open at Crooked Stick Golf Club in Carmel. Traffic and parking plans have been determined. They've identified the main entrance and the location of merchandise, media and corporate hospitality tents. Speaking of the last item, they're already approaching a sellout, but tents might be added if demand persists. Tickets have been printed and have gone on sale. The money necessary to put on such an event is being raised. They've even...
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Wheeler Mission backers to kick off fund drive: Push to address building needs, ease financial strainRestricted Content

May 12, 2008
Jennifer Whitson
In February, Indianapolis' Wheeler Mission Ministries cut non-residential programming to stave off a budget shortfall as donations flat-lined and more homeless people came through its doors. Now the mission is facing more tough times, projecting as much as a $500,000 shortfall for the fiscal year that begins June 1. To help close the gap, supporters are kicking off Operation Restoration, a fund drive they hope will raise $11 million to help the mission expand, pay building debts, and build a...
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Overshadowed by Patrick, Fisher fights to keep racingRestricted Content

May 12, 2008
Anthony Schoettle
A group of motorsports journalists stood open-mouthed along the wall of the Texas Motor Speedway in 1999 as they watched 19-year-old Sarah Fisher, fresh from the sprint car and dirt track circuits, zip past veteran open-wheel racers Buddy Lazier and Billy Boat. What happened to Fisher over the next nine years is equally amazing--and mystifying--to those same motorsports experts who watched her in Texas.
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SPORTS: In retrospect, the Dome's utility can't be deniedRestricted Content

May 5, 2008
Bill Benner
The roof has closed for the first time on Lucas Oil Stadium, and we now have a timetable for the demolition of its predecessor, the RCA Dome. Its last general event, the Fire Department Instructors Conference, has come and gone, as has its last sporting event, Supercross. Bit by bit, its innards are being dismantled. The pace will quicken throughout the summer. In August, the Teflon dome will disappear from the city skyline and shortly thereafter, the walls and the...
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Local firm signs landmark sports events deals: Providing five-star services seen as key to growthRestricted Content

May 5, 2008
Anthony Schoettle
A local company that sells ticket and event packages associated with major sporting events has secured groundbreaking deals with the Ryder Cup and Churchill Downs Inc. Indianapolis-based Sport Events Ltd. will be one of the first two companies to sign an official deal with Churchill Downs to sell ticket and hospitality packages to the Kentucky Derby, run this year May 3. Previously, the fabled racetrack had chosen to run everything-including corporate hospitality-in-house. "In many cases, these properties have realized that...
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Have Colts already outgrown new stadium?: Team has long waiting lists for suites, season ticketsRestricted Content

May 5, 2008
Anthony Schoettle
Escalating demand for corporate entertainment space during Indianapolis Colts home games has team owner Jim Irsay wondering whether Lucas Oil Stadium should have been built with more luxury suites. "Quite frankly, I wish we built 30 or 40 more suites," Irsay told IBJ during a recent interview. There's good reason to think the Colts have outgrown the stadium-even though it's still four months from completion. The Colts long ago sold all 142 suites for the venue, and have a waiting...
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Commentary: Do we need a disaster to wake us up?Restricted Content

April 28, 2008
Tawn Parent
About 20,000 historic properties were damaged in the storm, and Gay, executive director of Preservation Resource Center of New Orleans, has led the charge to save them. "We never felt like throwing up our hands," Gay said. "We don't do that." The Preservation Resource Center contacted owners of the nearly 4,000 historic properties that were condemned after the hurricane. About 600 of them have been spared to date. The PRC also has been helping review the planned demolition of buildings...
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Irsay sees Polian son as heir apparent; other teams come callingRestricted Content

April 28, 2008
Anthony Schoettle
Beyond his last name, little is known here about Indianapolis Colts Vice President of Football Operations Chris Polian--even though it's likely he represents the future of the franchise. In National Football League circles, Polian's stock has skyrocketed as league owners have realized there's more to the 36-year-old than his famous last name.
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Patrick victory scores for series, sponsors: Historic triumph earns more attention than unificationRestricted Content

April 28, 2008
Anthony Schoettle
Almost everyone involved with the Indy Racing League expected a firestorm of publicity after Danica Patrick won her first open-wheel race. But few predicted just how hot a commodity the 26-year-old driving diva would become following her April 19 win in Japan. "It's not like we got caught unprepared. We had a plan in place for over a year," said Terry Angstadt, president of IRL's commercial division. The victory blueprint included a list of contacts to be made, interviews to...
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SPORTS: How big was Patrick's win? Let the debate beginRestricted Content

April 28, 2008
Bill Benner
Like most of the rest of the sporting world and to some extent beyond, I had awakened on that Sunday morning to the delightful news that, overnight in faraway Japan, Patrick had broken through to secure her first Indy Racing League victory in 50 tries. She now is something more than a pretty face and, to some, a sexual object who also just happened to drive race cars. She is a champion. Now this isn't, as one gearhead suggested, along...
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SPORTS: Indiana's 'Mount Rushmore' will try to fix PacersRestricted Content

April 21, 2008
Bill Benner
The first time Herb Simon ever met Jim Morris, it was to ask him for money. Fifty grand. To be fair, it wasn't Morris' money. It belonged to Lilly Endowment Inc. Simon was at the endowment, which Morris directed at the time, to ask for a grant to support the Jewish Community Center. He got the money. This past week, Simon had another request of Morris ... to replace Donnie Walsh as president of Pacers Sports & Entertainment. Again, Morris...
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VIEWPOINT: Lest we forget, 'solid and stable' is goodRestricted Content

April 21, 2008
Tim Kern
"I moved to Indiana on purpose," I've been telling people since the move from Florida last August. The Indianapolis area attracted me and my business for a number of reasons-reasons which, I'm more convinced each day, Hoosiers take for granted. Someone might want to consider the good that's right in front of our collective noses: Unlike Florida, whence I emigrated, people here know who can get things done, where businesses are, and whose reputation is good. A state full of...
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Making Hoosiers more educated is a tricky task ECONOMIC ANALYSIS:Restricted Content

April 21, 2008
Mike Hicks
One thing that virtually every bit of serious research on education has revealed is that parents play the biggest role in educational outcomes. My own work in this area found that more than 90 percent of the differences in regional educational attainment can be attributed solely to the educational history of parents. Families play a far bigger role in educational success than any differences that occur across schools. So, what then does this mean for public policy? In my last...
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  1. These liberals are out of control. They want to drive our economy into the ground and double and triple our electric bills. Sierra Club, stay out of Indy!

  2. These activist liberal judges have gotten out of control. Thankfully we have a sensible supreme court that overturns their absurd rulings!

  3. Maybe they shouldn't be throwing money at the IRL or whatever they call it now. Probably should save that money for actual operations.

  4. For you central Indiana folks that don't know what a good pizza is, Aurelio's will take care of that. There are some good pizza places in central Indiana but nothing like this!!!

  5. I am troubled with this whole string of comments as I am not sure anyone pointed out that many of the "high paying" positions have been eliminated identified by asterisks as of fiscal year 2012. That indicates to me that the hospitals are making responsible yet difficult decisions and eliminating heavy paying positions. To make this more problematic, we have created a society of "entitlement" where individuals believe they should receive free services at no cost to them. I have yet to get a house repair done at no cost nor have I taken my car that is out of warranty for repair for free repair expecting the government to pay for it even though it is the second largest investment one makes in their life besides purchasing a home. Yet, we continue to hear verbal and aggressive abuse from the consumer who expects free services and have to reward them as a result of HCAHPS surveys which we have no influence over as it is 3rd party required by CMS. Peel the onion and get to the root of the problem...you will find that society has created the problem and our current political landscape and not the people who were fortunate to lead healthcare in the right direction before becoming distorted. As a side note, I had a friend sit in an ED in Canada for nearly two days prior to being evaluated and then finally...3 months later got a CT of the head. You pay for what you get...

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