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Sports Business
Lee, Willis prosper outside limelight: Former WRTV co-anchors run growing public relations firm
October 17, 2005
Anthony SchoettleNews defined the careers of Clyde Lee and Diane Willis for a combined five decades. And it was the nation's biggest news event
of the last decade-9/11-that served as an ominous backdrop for the duo's first entrepreneurial venture. "We incorporated in
August 2001, and less than a month later, 9/11 hit, and we thought, 'Oh my,'" Lee recalled. But more than four years later,
Lee/Willis Communications is still standing-and prospering. The fiscal swoon that followed 9/11 caused many companies to...
MoreSPORTS: We've arrived as a big-time football town-for now
October 17, 2005
Bill BennerAre you ready for some football? Of course you are. That the Indianapolis Colts are making the first of not one, not two,
but three appearances on ABC's "Monday Night Football" is once again recognition of the obvious, which is that Jim Irsay's
ownership, Bill Polian's leadership and Tony Dungy's coaching have made the Horseshoes as hot a commodity nationally as they
are locally. Not that Peyton Manning, Edgerrin James, Marvin Harrison, Dwight Freeney, Gary Brackett, Cato June et al...
MoreCOLD PROSPECT?: New stadium may not overcome climate, lack of corporate clout as city vies for Super Bowl
October 17, 2005
Anthony SchoettleDid NFL Commissioner Paul Tagliabue do a snow job on Indiana legislators? Tagliabue dangled visions of Indianapolis' hosting
a Super Bowl when he made the case for a $625 million stadium before Indiana lawmakers earlier this year. Now construction
is under way, and local officials are watching 2006 host city Detroit to see if it can warm skeptics to the idea of playing
the Super Bowl in a cold-weather city. But some observers of the big game doubt Indianapolis has...
MoreBEHIND THE NEWS: Exec tries to rewrite baseball legacy, but boo-birds abound
October 10, 2005
Greg AndrewsEmmis Communications Corp. CEO Jeff Smulyan ended up black and blue the last time he owned a baseball team. This time around,
he's taking blows even before he finds out whether he gets the team. Smulyan wants both Emmis shareholders and residents of
the Washington, D.C., region to be excited about his group's bid to buy the Washington Nationals from Major League Baseball
for at least $450 million. But already leading an anti-Smulyan charge is Washington Post columnist Thomas Boswell,...
MorePathway to growth: Production firm's storytelling attracts national attention
October 10, 2005
Anthony SchoettleDespite a wall lined with Emmy Awards and a client list including ESPN and VH1, Pathway Productions founder Michael Husain
is as eager to talk about corporate work and Web site development as his firm's latest Peyton Manning documentary or his work
showcased in this year's Heartland Film Festival. "The new media side of our business, and that includes Web site development,
grew 100 percent in each of the last two years," Husain said. "So you can see why we're...
MoreCoastal is in the name, central Indiana is its game: California-based firm cultivating its local operations
October 10, 2005
Tammy LieberDespite its name, Coastal Partners LLC is firmly entrenched in the heartland. Most of its current projects are in central
Indiana, as are about half its employees. In August, the Sacramento-based firm hired Tom Ott to oversee its central Indiana
operations and new development. Ott, a respected 10-year veteran of the local office of Los Angeles-based CB Richard Ellis,
plans to continue his relationships in the local brokerage community to further Coastal Partners' presence in the area. Although
the name...
MoreSPORTS: Hoop paths of Indiana and Lithuania finally cross
October 10, 2005
Bill BennerIn the small republic by the Baltic Sea-population 3.4 million-many youngsters grow up dreaming the same kinds of hoop dreams
young Hoosiers do. "Basketball in Lithuania is even crazier," Jasikevicius, a 6-foot-4-inch guard, said recently at Conseco
Fieldhouse, moments after finishing his first official practice as a Pacer. "We always call it our second religion." During
the 50 years Lithuania was part of the Soviet Union, players from the republic were the nucleus of the USSR national teams.
It was...
MorePacers' new game plan: polish team persona: NBA squads must comply with tough conduct rules
October 10, 2005
Anthony SchoettleAlmost a year removed from the infamous brawl in Detroit, the Indiana Pacers are ready to put their best foot forward. And
they're getting a hand-or more like a foot in the backside-from NBA Commissioner David Stern. Stern on Sept. 28 handed down
new league dress code and conduct rules aimed at brightening the image of players and making them more accessible to fans,
community groups and media outlets. The rules-which require players to wear sport coats, collared shirts and...
MoreSPORTS: Why big-league baseball has become bush league
October 3, 2005
Bill BennerThe Great American Pastime is past my time. I've pretty much ceased to care about Major League Baseball. Note that I said
"major league." I remain very much a fan of the Indianapolis Indians and the experience to be had in the country's very best
minor-league ballpark, Victory Field. I do know, albeit casually, that going into the last week of the regular season, there
was considerable sorting out to be done before playoff participants could be determined, that the...
MoreSpeaking of health care: Local experts weigh in on rising costs, the uninsured and whether our current system needs an overhaul
Public health priorities, executive salaries and the "gold rush" of health care construction were among the topics tackled
Sept
October 3, 2005
Public health priorities, executive salaries and the "gold rush" of health care construction were among the topics tackled
Sept. 21 in the latest installment of Indianapolis Business Journal's Power Breakfast Series. IBJ reporter Tom Murphy moderated
the panel discussion, attended by some of the area's foremost health care experts. Following is an edited transcript of the
often-spirited discussion, which included a brief interruption by protestors seeking medical insurance coverage for janitorial
staff who clean Anthem Inc. buildings. IBJ: Can you...
MoreTexas group roaring for Indians stock: Lion Fund dangles 40-percent premium for ballclub's shares
October 3, 2005
Anthony SchoettleA San Antonio-based hedge fund's public solicitation of Indianapolis Indians stock is akin to a hostile takeover attempt,
industry observers said. It also brings into question the succession plan of the Indians' 72-year-old chairman, Max Schumacher,
who owns 39 percent of the company's stock. While officials for The Lion Fund LP said they aren't looking to take majority
control of the city's AAA baseball franchise, they're willing to pay a substantial premium over the Indians' last buyback
offer of $9,200...
MoreHip-deep in endorsements: Sony, Kraft deals help Manning reign as NFL advertising king
October 3, 2005
Anthony SchoettleWith three newly inked endorsement deals, Indianapolis Colts quarterback Peyton Manning is scoring faster and more often with
corporate America than any other National Football League player, according to his handlers at Cleveland-based IMG Worldwide.
But Manning's endorsement success hasn't played out as fast as one of his famous twominute drills. Since entering the league
sevenplus years ago, Manning and IMG have followed a carefully diagrammed blueprint to build first a local platform through
deals with St. Vincent Health and...
MoreSPORTS: New stadium part of strategy born here decades ago
September 26, 2005
Bill BennerThe circumstance finally gave way to pomp last week. And as the silver shovels glistened in a setting sun at the Indiana Stadium
ground breaking, a new day dawned for Indianapolis and central Indiana. Similarly, the multipurpose stadium-sorry, but I refuse
to call it the "Colts Stadium" when its benefits will be so vast and its uses so varied-represents both an end and a beginning.
In some ways, it is the final piece of a puzzle that began to be...
MoreIRL teams may have to cut staff or broaden horizons: Mechanics could feel biggest impact of shorter season
September 26, 2005
Anthony SchoettleThe 2006 Indy Racing League schedule-which is two months shorter and has three fewer races than 2005-has teams considering
either cutting staff or expanding into other race series to fill the void. "You hate to make any staff cuts, but that's one
question facing all the [IRL] teams," said Doug Boles, chief operating officer for locally based Panther Racing. "This is
a very competitive industry and to keep your good people, you want to keep them employed year-round." But with...
MoreIndians stock price belted into upper deck: AAA baseball franchise hits $21,000 per share
September 26, 2005
Anthony SchoettleDespite the meteoric rise of the Indianapolis Indians' stock price, some industry analysts think the minor-league baseball
franchise is still undervalued. In August, three shares of the thinly traded public company sold for $21,000 each and another
share sold for $19,500. The $21,000 share price-with 800 shares outstanding-puts a $16.8 million value on the AAA team. That's
leagues ahead of the $8.3 million it was valued at during a stock buyback initiated by the franchise in 2002. "A value for...
MoreSelective Seconds: Consignment stores' owner proud to be picky High-end items are the stock of choice at Selective Seconds
September 19, 2005
Jo EllenVena Holden is picky about the seconds in her shops, specializing in better brand-name clothing, accessories, linens, gifts
and shoes. She makes clear that hers is not a used clothing store. "We look for the higher-end items and are selective in
what we take," said Holden, 45, who founded the appropriately named Selective Seconds after years of shopping consignment
shops for herself when she worked as a legal secretary and office manager for local law firm Plews Shadley Racher and...
MoreSPORTS: IU getting it right where tailgating is concerned
September 19, 2005
Bill BennerMy alma mater, Indiana University, has taken its share of licks in recent times. In fact, I've used this space to throw some
of the punches. But its recent decision-coinciding with the start of football season-to try to oust the party animals from
the jungle just south of Memorial Stadium on game days was prudent, correct and too long in coming. This, folks, has been
a human and legal calamity waiting to happen. The "jungle" is a park-like area across...
MoreVIEWPOINT: We all pay the price of homelessness
September 19, 2005
Brian S."The moral test of government is how that government treats those who are in the dawn of life, the children; those who are
in the twilight of life, the elderly; and those who are in the shadows of life, the sick, the needy, and the handicapped."
-Hubert H. Humphrey The most recent sessions of the Indiana General Assembly and the U.S. Congress have focused significant
efforts on addressing the needs of children through education and the elderly through prescription drug...
MorePrivate high school set: Cristo Rey to open downtown with 46 companies behind it
September 19, 2005
Anthony SchoettleA private high school that relies on business participation, the first of its kind in Indiana, is set to open downtown in
the fall of 2006. A work-study program designed to help lowincome students pay for tuition and give them corporate work experience
is what will set Providence Cristo Rey High School apart from its private and public counterparts throughout the state. Corporate
sponsors said it will also give promising students a local business connection, which could help keep them...
MoreTOM HARTON Commentary: Where business, disaster meet
September 12, 2005
We don't do weather. Business newspapers don't ask reporters to stand in bitter cold to demonstrate that it's uncomfortable.
We don't warn our readers about the dangers of a storm by assigning a reporter to stand in the middle of one. When the wind
and rain send things crashing down around us, we become consumers of news just like everyone else. Last week, we broke our
rule. No, we didn't brave the elements, but what happened in New Orleans and...
MoreGERALD BEPKO Commentary: FFA is important to our future
September 12, 2005
What major, national, student-oriented not-for-profit organization with deep roots in Kansas City moved its headquarters to
Indianapolis in the last decade and now has made commitments to bring a huge number of visitors to Indianapolis each year
into the future? If you think the answer is the NCAA, you would be half right. The complete answer is that there are two such
organizations: the NCAA and FFA. Both the NCAA and FFA brought economic benefits along with their headquarters. Through...
MoreFinal 4 lodging scarce: 7 months before event, brokers lock up rooms
September 12, 2005
Anthony SchoettleBasketball fans hoping to catch the action at next spring's NCAA men's Final Four in Indianapolis are more likely to score
decent tickets than they are a downtown hotel room, though neither will come cheap. As the event has moved from fan-centric
to corporate, the demand and price for hotel rooms has reached new highs. And the hotel room supply for Final Fours held locally
is likely to tighten as NCAA officials push for larger Final Four venues-such as the...
MoreSPORTS: City should be tour stop for men's or women's golf
September 12, 2005
Bill BennerThat sellout crowds flocked to Carmel's Crooked Stick Golf Club for the Solheim Cup should come as no surprise. This is an
area with a big appetite for golf, whether playing or watching it. Yet it's also a reminder that for all we have accomplished
in spectator sports, professional golf remains the hole in our doughnut. Yes, we have had our on-and-off forays into the arena.
A PGA Tour stop, the 500 Festival Open, took place on the old Speedway...
MoreSPORTS: Championship contenders bring out Mr. Softee
September 5, 2005
Bill BennerMy friend, the young radio sports talk show host, tells me I've become Mister Softee. He says I have lost my edge. He wonders
why I don't rattle cages like I used to. He says the Indianapolis Colts have to win the Super Bowl this year, and anything
less should be considered an abject failure. And I say, poppycock. He says winning a championship is the only measurement
of success in professional sports. And I say, baloney. He says if...
MoreAncient sport of kings still appeals to Hoosiers: Hickory Hall Polo Club keeps game alive on Boone County farm
September 5, 2005
Anthony SchoettleA handful of noisy chickens and a small herd of goats meander around two neatly kept barns that house about a dozen horses,
their stalls overlooking the 10-acre field that's 300 yards long and 160 yards wide. As horses emerge from their stalls with
the help of the Chandlers' assistant, it becomes clear these are no common steeds. Their deep chests heave with each breath,
their nostrils sucking in air like a Hoover, ribs lightly protruding through their lean physiques....
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"And the success of the Indiana GOP to not allow an expansion of Medicaid had nothing to do with Indiana hospitals' financial woes? Fixed that for you; editorial bias rebalanced. Seriously, there are so many things wrong with Obamacare that the only way one can view it as a success is to assume that it was designed to fail our way into a government single payor healthcare system. The system is complex, creates huge regulatory burdens and overhead and yet still does not have adequate means to control escalating health care costs. But then when you elect a 10th grade math drop out with no quantitative reasoning skills to be President of one of the world's most important economies in troubled times, you can't really be surprised by blatant stupidity.
No NIMBYs here to chase off a decent development. We don't need tons of parking and we'd happily play the role of host to a downtown Whole Foods.
Whatever you do, don't change a single thing about Broad Ripple. I want it to look just like it did in the late '70s, with 30% of the north side of Broad Ripple Avenue burned out and plenty of places to park. That's right Broad Ripple, NEVER CHANGE. Let the world pass you by, don't improve your empty, abandoned lots full of weeds. Someday someone will want to film a zombie movie here.
Hollywood could step in and make a movie about the history about this forlorn series. It could be a full celebrity cast of characters. WOW. http://www.advanceindiana.blogspot.com/2013/02/indiana-taxpayers-forced-to-pay-for.html
This shouldn't come as a shock to many. Austin is a great city, and Indy needs to take some notes. Austin invests in decent transit options, has a highly educated workforce, embraces a creative class, and --despite being the state capital-- is not micromanaged by rural and suburban legislators. Want Indy to grow? Invest in the city (i.e. spend money). Raise taxes a bit, and use the money to improve education. And keep the state legislature out of Indy the other 9 months of the year.