Sports Business

'Turbo' off to slower-than-expected start at box office

July 23, 2013
 IBJ Staff, Bloomberg News
The Indianapolis-based IndyCar Series and open-wheel racing enthusiasts were hoping the movie would create a buzz about the sport, but interest has fallen short of expectations so far.
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NCAA rejects claims in concussion lawsuit

July 22, 2013
Associated Press
Attorneys suing the Indianapolis-based NCAA over its handling of head injuries asked a federal judge to let them expand the lawsuit to include thousands of plaintiffs nationwide.
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Speedway making security changes for Brickyard 400

July 22, 2013
Associated Press
Indianapolis Motor Speedway officials say they're working on ways to make sure fans for this weekend's race don't face the same long security lines that frustrated many at the Indianapolis 500 in May.
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City close to launch of 2018 Super Bowl bid

July 20, 2013
Anthony Schoettle
Allison Melangton, CEO of the city’s 2012 Super Bowl Host Committee and leader of the 2018 Super Bowl Bid Committee, is promising to come up with another attention-grabber to deliver the bid early next May—if the city proceeds with a bid as expected.
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Zipp Speed Weaponry 'at the front of the pack'Restricted Content

July 20, 2013
Anthony Schoettle
Zipp’s position as market leader has only grown stronger since the local company formed in 1988 was acquired in 2007 by Chicago-based SRAM Corp.
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NCAA to stop putting name, logo on video game

July 17, 2013
Associated Press
The move comes as the NCAA fights a lawsuit that demands the NCAA find a way to cut players in on the billions of dollars earned from live broadcasts, memorabilia sales, video games and in other areas.
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Animated film 'Turbo' could give racing a boost

July 15, 2013
Associated Press
A new DreamWorks Animation movie centers on the Indianapolis 500. It's a dream come true for the IndyCar Series, which can't buy a break in halting its slide in public interest.
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USA Track & Field faces latest doping scandal

July 15, 2013
Associated Press
The Indianapolis-based governing body for U.S. track and field is dealing with the fallout after several high-profile stars tested positive for banned substances.
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IndyCar racing to line up sponsors to replace Izod

July 13, 2013
Anthony Schoettle
The IndyCar Series’ quest to find a presenting sponsor that could eventually replace Izod as title sponsor—a task series officials earlier this year called their top sales priority—has taken a blow.
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Westfield's sports plan is grand

July 13, 2013
Jeff Newman
When it opens next spring, the aptly named Grand Park Sports Campus will be the largest youth sports complex of its kind in the country.
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Fever extend Dunn contract to 2014, elevate White

July 9, 2013
Associated Press
Dunn led the Fever to their first Women's National Basketball Association championship last year.
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Boles named Speedway president, faces major challenges

July 9, 2013
Anthony Schoettle

The Indianapolis Motor Speedway's new president must navigate a number of tests, most notably how to save the MotoGP race and how to bolster the Brickyard 400 NASCAR race.

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Butler hires assistant coach Miller to replace Stevens

July 7, 2013
Associated Press
The decision to hire Brandon Miller came three days after Stevens surprised everyone by taking the head job with the Boston Celtics.
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Former Pacer invents device to increase leg strength

July 6, 2013
Anthony Schoettle
In April, Jonathan Bender launched a company based on a device he invented to help others avoid the knee troubles that put an end to his promising NBA career. Already, he’s brokered a deal with California-based Relax The Back retail chain.
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Indianapolis aims to become top center for cricket

July 4, 2013
Associated Press
The Midwestern city best known for its basketball and auto racing is gearing up for a proper game of cricket — the ball-and-bat sport most Americans know only from British films or by surfing through international sports channels.
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Stevens' move comes as surprise to Bulldogs

July 4, 2013
Associated Press
On Wednesday, the 36-year-old Stevens stunned the city of Indianapolis by leaving the tiny school he led to back-to-back national runner-up finishes to take the Celtics job. The news hit hardest inside historic Hinkle Fieldhouse.
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Stevens leaving Butler for job as Celtics coach

July 3, 2013
Associated Press
Brad Stevens has spent six years as head basketball coach of Butler, leading the Bulldogs to back-to-back national championship games. The Celtics gave Stevens a six-year deal worth about $22 million, a source said.
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Fairgrounds becoming running Mecca for races, fundraisers

July 3, 2013
Anthony Schoettle
What started with a call out of the blue last year has turned into a six-figure revenue stream for the Indiana State Fairgrounds. And that revenue stream could get a lot bigger.
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Indy 500 ticket renewals up despite price hikeRestricted Content

June 29, 2013
Anthony Schoettle
Indianapolis Motor Speedway officials say they’ve seen no adverse sales impact from a risky move to raise ticket prices for the 2014 Indianapolis 500 by about 15 percent—the first price increase in almost a decade.
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Out-of-the-way club caters to members' need for speed

June 29, 2013
Anthony Schoettle
Successful professionals that double as weekend race warriors and gear heads are drawn to a racetrack and club on the edge of the middle of nowhere by their love of cars and need for speed.
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Returning to run franchise, Bird hopes to take 'another step'

June 27, 2013
 IBJ Staff
A recharged Larry Bird, 56, will succeed Donnie Walsh, 72, as president of basketball operations for the Indiana Pacers. His return comes almost exactly a year after he stepped down, citing health concerns.
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Moody's revises NCAA credit outlook to negative

June 24, 2013
Associated Press
The NCAA's credit outlook has been downgraded by ratings agency Moody's as the governing body of college sports deals with an anti-trust lawsuit about the use of athletes' images and likenesses.
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Ivy Tech system high in grads, low in graduation rates

June 24, 2013
 IBJ Staff and Associated Press
Ivy Tech Community College ranks first among two-year educational institutions nationwide for the number of associate degrees it awards. But just 4 percent of students graduate within two years and only 23 percent earn diplomas in six years.
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Landmark NCAA player-likeness case set to get underway

June 19, 2013
Bloomberg News
Plaintiffs say the case, which heads to court Thursday, may reduce the $6.4 billion in annual revenue that universities get from athletics by as much as 50 percent.
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Suit: Menard pressured Tomisue Hilbert for sexual favors

June 15, 2013
J.K. Wall
The lawsuit charges Tomisue Hilbert's rejection of the billionaire is the real reason he launched a bitter battle to remove her husband, Steve Hilbert, as CEO of the Indianapolis-based private-equity funds the three of them started in 2005.
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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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