Sports Business

SPORTS: What are these 'professionals' thinking? They're notRestricted Content

September 17, 2007
Bill Benner
An open letter to the Indiana Pacers Shawne Williams (boy, are these open letters to Pacers fun): My first question, Shawne: What were you thinking? But then, it's obvious you weren't thinking or, if you were, it was only about yourself and not the team or town Here's something else that probably hasn't occurred to you: Because of you, the highly respected Donnie Walsh and one of the greatest to ever put on a basketball uniform, Larry Bird, are being...
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Indians reverse attendance slide: 10-percent increase could lead to seven-figure profitRestricted Content

September 17, 2007
Anthony Schoettle
The Indianapolis Indians this year scored the second-highest-percentage attendance increase in the 14-team International League. The spike could push the team's profit over $1 million. The AAA farm team for Major League Baseball's Pittsburgh Pirates scored a 10-percent increase in attendance. The Indians drew 8,383 per game, up from 7,608 in 2006. While attendance for all minor-league baseball teams was up 2.2 percent, the Indians' ability to beat that trend in a crowded sports market is a testament to the...
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SPORTS: Feel-good sports stories are out there-just lookRestricted Content

September 10, 2007
Bill Benner
No question about it, the feel-good that sport can create has taken a beating this summer. There was Barry Bonds breaking the Major League homerun record under the strong suspicion of steroid use, NFL star Michael Vick's guilty plea on federal dogfighting charges, the betting scandal involving NBA referee Tim Donaghy, and the revelation of match-fixing in professional tennis. Just to name a few. It could really get you down if you let it. Yet, I've written this before-sport provides...
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SURF THIS: Selling Bonds online-the baseball kind, anyway

September 3, 2007
Jim Cota
Would you sell a piece of history? Let's just say, for the purposes of this discussion, that you were in possession of a piece of history with a generally healthy market value-an 1884 Carson City $20 gold coin, for example. written notes from the Gettysburg Address. Or, say, the baseball that Barry Bonds hit to break Hank Aaron's homerun record. Would you sell it? I wondered about this recently when I read that Matt Murphy, the fan who caught the...
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SPORTS: Lynch isn't Hep, but he's a coach you can root forRestricted Content

September 3, 2007
Bill Benner
I recall being on the football field at Ball State University in November of 1996, moments after the Cardinals had clinched the Mid-American Conference championship. The head coach, Bill Lynch, was exceedingly thrilled, as you might expect. But he also was exceedingly humble, deflecting the credit and making sure the spotlight was focused not on him, but on his players. Fast forward to 1999, when Ball State was in the throes of a losing streak that was to reach 21...
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Big Ten battles for TV sports bonanzaRestricted Content

August 27, 2007
Anthony Schoettle
The new Big Ten Network and some of the nation's largest cable television systems are fighting over how consumers will be charged for the network's programming. Hundreds of sporting events could be blacked out in local markets, including scores of Indiana and Purdue university football and basketball games, if the two sides don't reach an agreement.
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SPORTS: Killing animals for sport isn't right-or uncommonRestricted Content

August 27, 2007
Bill Benner
On an August afternoon in 1992, while covering the Olympic Games in Barcelona for the local daily, several of us decided we needed to experience a slice of authentic Spanish culture. So we journeyed to a bullfight. I could offer a lengthy narrative, but I'll provide the abridged version. The bulls are lanced several times by men on horseback. The subsequent loss of blood weakens the animals ... slowly and agonizingly. Then the matador arrives with a sword and completes...
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New ventures expanding school sports coverage: Players large and small converge on growing nicheRestricted Content

August 27, 2007
Anthony Schoettle
High school sports coverage, once found only in the back pages of local newspapers' sports sections, is now spawning new Internet and print businesses. The players involved range from large public companies and professional sports franchises to small entrepreneurs. The effort to score with high school sports coverage appears to be driven by a growing number of advertisers interested in the diverse audience attracted to scholastic events. In recent months, High School Sports The Magazine debuted in central Indiana, Emmis...
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IN THIS ISSUE:Restricted Content

August 20, 2007
I N T H I S I S S U E FOCUS:Insurance&BenefitsQuarterly19-24 Employerslooktohealthsavingsaccountsforpremiumrelief19 OneAmericaingoodpositiontogrowthroughacquisition19 NOTSTRICTLYBUSINESS45-47 15 A&EbyLouHarry:FringecharacterspopulateaFringeFilmhighlight45 Dining:FritesatBruggeBrasserie45 FunnyBusinessbyMikeRedmond:TheWorldofTomorrowhovers,preparestoland46 SportsbyBillBenner:Plentytochewonforsportsfansofeverystripe47 PERIMETER15-18 HendricksCounty:Brownsburgluresdrag-racingfirms15 45 BehindtheNews:Andrews4OPINION & EDITORIAL HowmortgagemeltdownsankOakStreet,Commentary:ChrisKatterjohn10othersIBJ'sEnterpriseAwardhits25 EconomicAnalysis:Barkey28AEditorial10 PartingthoughtsonIndiana'sstrengths,Dunnexitshowsboarddoingjobweaknesses EyeonthePie:Marcus11ClassifiedsandInternetDirectory34-35LifegoesondespitepropertytaxesPeople18Viewpoint:DeborahJ.Daniels11ReturnonTechnology:Altom32Helpingex-offendershelpsallofusSavingprinterpaperdoesn'tsavemuchmoneyRECORDS SmallBusinessProfile40Calendar33FundRaising41It'sadog'slifeConventions33InRecognition41 LISTS LargestIndianapolis-AreaRetirementSTOCKS Communities26Investing:Hauke28LargestIndianapolis-AreaAssisted-LivingDominoeffectworsenedwoesinsubprimeFacilities37market ProxyCorner:IrwinFinancialCorp.31 COMPANY INDEX This index does not include companies mentioned in letters to the editor, lists, charts and records. The page numbers listed refer to the pages where articles begin. 3S Karting Supply ..................17 Conseco Inc............................30 Interactive Intelligence Inc......10 Precedent Commercial 96th Street Steakburgers..........1 Crowe Chizek...
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Colts build reputation for mastering salary capRestricted Content

August 20, 2007
Anthony Schoettle
The Indianapolis Colts lost a slew of popular players in the off-season who were key to the team's Super Bowl run. The defections--though unusual for a championship team--were business as usual for a franchise that has gained a reputation around the league for its bold personnel moves.
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SPORTS: Plenty to chew on for sports fans of every stripeRestricted Content

August 20, 2007
Bill Benner
You leave town for a little vacation, but that doesn't mean the world of sports is going to stop spitting out news. Therefore, thoughts about this, that and the other while I was away: News item: Barry Bonds breaks Henry Aaron's home run record. Thought: Yawn. I ceased to care long ago. Major League Baseball has gotten what it deserved for ignoring the steroid issue for so long. News item: Tiger Woods wins his fourth PGA Championship, his second in...
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An update on three women-owned startups: Innovative ideas lead to business expansionRestricted Content

August 13, 2007
Invoke In addition to the yoga and pilates classes offered at Invoke, owner Amy Peddycord has added clothing from Lululemon, a popular Canadian apparel brand. She also has established a relationship with Santa Monica, Calif.-based Yoga Works, which has 14 studios throughout California and New York. Yoga Works will lead a teacher training program at Invoke in 2008. Peddycord says hiring an office manager in 2006 was the best thing she's done. "Nicole [Schoville] quickly grew into the role and...
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SPORTS: Star athletes say the craziest things (or do they?)Restricted Content

August 13, 2007
Bill Benner
Ah, another day, and another kick in the teeth for the Indiana Pacers. Back to the oral surgeon. The kind word for the Pacers' Jermaine O'Neal would be disingenuous. Either that, or it's a gaggle of reporters whom O'Neal wants us to believe either fictionalized or took several quotes "out of context"-don't you love that fallback phrase?-last weekend in Los Angeles, where O'Neal said (or didn't say) he wanted to be traded to the Lakers and was critical of Pacers'...
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PROFILE THERESIA WHITFIELD: Changing direction after life-altering crisis Former CNN producer follows path to healing, new career after overcoming post-traumatic stressRestricted Content

August 13, 2007
Della Pacheco
Whitfield, owner of Indianapolis-based Fletcher Communications Inc., was a freelance television news producer working for CNN, Reuters News and the Christian Broadcasting Network's news division in Washington, D.C., when American Airlines Flight 77 crashed into the Pentagon. Four years later, Whitfield crashed emotionally and was hospitalized suffering from posttraumatic stress disorder. The daughter of a retired Army officer, Whitfield, 39, had moved many times as a child before settling in Columbia, S.C. She graduated from high school in 1986, but...
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Fantasy football leagues concern employersRestricted Content

August 13, 2007
Anthony Schoettle
The kickoff of the National Football League season this month has many central Indiana employers fearful that fantasy will encroach on reality. The fretfulness revolves around the start of the fantasy football season, where fans draft real players onto make-believe teams and track their individual performances via organized Web sites.
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Fieldhouse must fend off Louisville arena rivalRestricted Content

August 13, 2007
Anthony Schoettle
Although the opening of a 22,000-seat arena in Louisville is still three years away, officials here are already bracing for a raid on Indianapolis and Conseco Fieldhouse events. Several Indianapolis interests will be watching Aug. 20 as the Louisville Arena Authority unveils designs for the arena along the Ohio River.
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SPORTS: There's still time to savor a championship seasonRestricted Content

August 6, 2007
Bill Benner
The Indianapolis Colts are back at it, and with their arrival in Terre Haute (which is French for "terribly hot") comes the first round of predictions. Will they or won't they back up their Super Bowl championship? Hey, we'll all find out in the dead of winter, not the heat of summer ... how's that for not being either bold or profound? But words in the first week of August are just so much blah, blah, blah. So, too, as...
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BEHIND THE NEWS: Tightening credit markets cast shadow over megadealsRestricted Content

August 6, 2007
Greg Andrews
Almost overnight, the nation's lending climate has tightened dramatically, and the timing couldn't be worse for two Indianapolis companies. A pair of private equity firms are trying to line up billions of dollars in debt financing to complete their $5.6 billion purchase of locally based Allison Transmission from General Motors Corp. Meanwhile, locally based Finish Line Inc. plans to rely on debt to pay nearly the entire cost of its $1.5 billion acquisition of Tennessee-based Genesco Inc. Those deals still...
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One motorcycle race gained, thousands of seats lost: Speedway officials think revenue from MotoGP race will make up for Indy 500 and Brickyard 400 lossesRestricted Content

July 30, 2007
Anthony Schoettle
The changes to the Indianapolis Motor Speedway's road course to accommodate motorcycle racing means the track's operators will forfeit around $500,000 annually in ticket revenue for the Indianapolis 500 and Brickyard 400. Due to modifications just south of pit road and directly north of the oval's first turn, several thousand seats on the inside of the first turn will be removed after this year's Brickyard 400. Work to prepare the track for next year's MotoGP motorcycle race-which includes laying 13,300...
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SPORTS: Awaiting a tainted 'greatest' moment in sportsRestricted Content

July 30, 2007
Bill Benner
Do the words "integrity" and "sports" belong in the same sentence? Worse, does anyone care? By the time you read this, Barry Bonds, a Giant in uniform but hardly a giant of a man, may have become baseball's alltime home-run king. His inexorable pursuit of Henry Aaron's magical mark of 755 has been well-documented. So, too, has been the overwhelming evidence implicating Bonds as a user of steroids. Thus, what should be one of baseball's greatest moments is instead one...
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VIEWPOINT: Indy a home run for College World SeriesRestricted Content

July 30, 2007
Joe Goode
As I sat last month enjoying my first College World Series week in Omaha, Neb., an evening game between the North Carolina Tarheels and the Rice Owls, it became clear to me that this nationally u n d e r a p p r e c i a t e d event would be perfect for Indianapolis. Or better said; Indianapolis would be perfect for the College World Series. Now, before CWS purists begin to chant "57 years!" "57 years!,"...
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THE TRAVELING LIFE: Start traveling now before it's too late

July 30, 2007
Frank Basile
On an Ambassadair trip to Athens, Greece, in 1987, one of the tour members suddenly got up from the breakfast table, saying he had to hurry to a class he was teaching that morning. After he left, his wife explained to the puzzled group that he had Alzheimer's disease, which was diagnosed the year before his retirement in 1986. She said wistfully that they had saved their money so that they could travel after he retired from his job as...
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Strides taken in life sciences, experts say: Industry panel: Thanks to ongoing efforts, Indiana has experienced serious progress as biomedical hotbed during last 5 yearsRestricted Content

July 23, 2007
Five leaders of Indiana's life sciences industry offered their perspectives at the Indiana Convention Center June 26 as part of the Indianapolis Business Journal's Power Breakfast Series. The panelists: Mike Arpey, managing director of global investment bank Credit Suisse's Asset Management Division and manager of the $73 million Indiana Future Fund for BioCrossroads, the state's life sciences economicdevelopment initiative. Ron Ellis, co-founder, president and CEO of Lafayettebased Endocyte Inc., a biotechnology company focused on the treatment of cancer through receptor-targeted...
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SPORTS: A race with half the wheels could be twice as funRestricted Content

July 23, 2007
Bill Benner
On July 16, I followed a caravan of about 200 motorcyclists from downtown to the Indianapolis Motor Speedway. As I climbed out of my car in the IMS parking lot, I heard AC-DC's "Hell's Bells" blasting through the loudspeakers. Just another reminder it's not your father's Speedway anymore. More to the point, it's not Tony George's grandfather's Speedway anymore. Think about it. No sooner than George and his IMS team bid adieu to Formula One, they said hello to MotoGP,...
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RETURN ON TECHNOLOGY: Chew-and-view eateries do not make a happy mealRestricted Content

July 23, 2007
Tim Altom
Who asked for televisions to be installed in every restaurant in central Indiana? I've been to a lot of them, standing in lines, overhearing conversations with wait staff, chatting with the bartender, and never once, not a single time in my whole life, did any customer ever say anything like, "You know, what this joint really needs is a TV!" I can understand places where you'd expect to find TVs, and indeed where you go to watch TV on special...
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  1. The Walgreens did not get a lot of traffic. It was not located on the corner of the intersection, and not really visible from Emerson. Meanwhile the CVS there is huge and right on the corner. I am guessing a lot of people drove by a million times and never knew the Walgreens was there. Although, with the new Walmart market going in, that area could really see a lot of increase in traffic soon.

  2. You folks don't have a clue. There is a legal way to enter this country and to get aid. This left unchecked could run us to ruin quickly. I also heard that 'supporters' were getting major $$ to take them in? Who's monitoring this and guess who pays the bill? I support charitable organizations... but this is NOT the way to do it!

  3. Apparently at some time before alcohol has been served at the fair. The problem is that beer or wine used to be a common drink for people before soft drinks and was not thought to be that unusual. Since many folks now only drink to see how much they can drink or what kind of condition they can end up in it becomes more problematic. Go to Europe and its no big deal just as if you had sodas of milk to drink everyday. Its using common sense that is lacking now days.

  4. To address the epic failure of attracting race fans to both the Indy 500 and Brickyard 400 would take too much of my time to write. Bottom line Boles is clueless and obviously totally out of touch with the real paying fan base. I see nothing but death spin coming for the Brickyard, just like Indy. Get somebody in a place of power that understands what race fans want.

  5. I am a race fan through & through. It doesn't matter if it's Indy cars or Nascar. I love a great race. I go to several other tracks each year and you can see the entire track. I know Indy has tradition, but fans want to see the entire race. I sit in the Penthouse, am almost 60 years old, and would like to see a better TV screen in turn 1 so you can see the entire race. Then I think Indy needs to install an escalator so us old folks can make it up to the Penthouse and down again if we want more options to purchase food and drinks. Just a race fans opinion. Lights won't make the race any better, but you might be able to see the TV better at night. Turn 1's screen needs replaced with a better and bigger screen.

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