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Victory Field
Colts trying to tackle proposed ticket-tax hike
January 16, 2013
Cory SchoutenThe Indianapolis Colts are playing defense as city leaders move to hike a ticket tax on downtown events by 67 percent. The
team says raising the tax on tickets from 6 percent to 10 percent will harm its bottom line and that of local businesses that
rely on Colts fans.
MoreIndians continue trend of higher profit
January 12, 2013
The city's professional baseball team has thrived financially since 2009, bucking the woes of the economy.
MoreIndians revenue grows, profit tops $1 million in 2011
February 25, 2012
Anthony SchoettleThe minor-league Indianapolis Indians overcame a bevy of obstacles last season to continue a run of major-league profits.
MoreIndians continue string of attendance increases
September 10, 2011
IBJ StaffFor the season, the city's minor-league baseball team drew 580,082 fans to Victory Field over 71 home dates. The franchise
has posted year-over-year attendance increases in four of the last five seasons.
MoreBENNER: A love lost rarely returns—except at Victory Field
July 2, 2011
Bill BennerLike most young boys in the 1950s, baseball was my first sports love.
LEADING QUESTIONS: Indians boss still having a ball
April 20, 2011
Mason King
What's the secret to baseball profitability? Why is the offseason so important? Franchise President Max Schumacher
fields questions.
Indians' new ticketing partner could drive further spike in attendance
March 5, 2011
Anthony SchoettleThe baseball franchise dumped Ticketmaster for another sales management firm that charges buyers lower fees.
MoreIndians adding dining option to Victory Field
February 5, 2011
Cory SchoutenThe Indianapolis Indians have torn out about 400 seats in Victory Field's left flank to make way for Captain Morgan Cove—an
open-air restaurant and bar that will feature a menu separate from other stadium offerings and table service for up to 120
fans.
MoreIndianapolis Indians profitable for 35th straight year
January 1, 2011
Anthony SchoettleThe minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
MoreFinancial records show Pirates win while losing
August 22, 2010
Associated PressThe Pirates, the Major League parent club of the Indianapolis Indians, made nearly $29.4 million in 2007 and 2008, according
to team financial documents, years that were part of a streak of futility that has now reached 18 straight losing seasons.
MoreSix bidders in line for Indianapolis Indians stock
June 2, 2010
Scott OlsonState awards unclaimed shares of the minor league baseball team to bidders who offered as much as $27,505 for each share.
MoreIndians ready to score with Comcast, Brighthouse TV deal
March 6, 2010
Anthony SchoettleA full season of televised games will give franchise a platform to promote attendance at Victory Field.
MoreIndianapolis Indians use promotion to make Monday games profitable
February 27, 2010
IBJ StaffConcession-stand items for $1 started drawing crowds a few years ago to what had been a slow night at Victory Field.
MoreIndianapolis Indians take big revenue hit, but team still profitable
December 5, 2009
Anthony SchoettleTeam profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
MoreSales of luxury suites slow at most Indianapolis sports venues
October 17, 2009
Anthony SchoettleTen years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.
MoreIndians report 2009 attendance figures
September 19, 2009
IBJ StaffThe Tribe attracted 549,552 fans (8,202 per game) to Victory Field this season—its third-best average
since 2001.
MoreSchumacher leads Indians to 33 straight years of profits
August 17, 2009
Anthony SchoettleMax Schumacher, now in his 52nd year with the Indians, runs a tight ship. His attention to detail and strategic thinking have
served the city's minor league baseball team well.
MoreSchumacher prepares for eventual Indians exit
August 17, 2009
Anthony SchoettleMax Schumacher is healthy, feels good and wants to continue working for the Indianapolis Indians full time. But
with his 77th birthday approaching in October, Schumacher, chairman and president of the team, needs a succession plan.
MoreCIB OKs budget, but awaits council vote
August 10, 2009
Scott OlsonMembers of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.
MoreIndians concerned about possible ticket tax
February 16, 2009
Anthony SchoettleSome local officials wrestling with the Capital Improvement Board's $37 million deficit think part of the profit made by the
Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they've
already paid more than their share.
MoreDowntown development great for citizens, visitors
November 10, 2008
Chris KatterjohnThe development of shopping, restaurants, museums, public arts and hotels downtown in the past 25 years has made Indianapolis
a vibrant, more interesting place to live—and to visit.
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First, let me say that I love the idea of communities being self-sufficient and people in the community not needing cars, living, working and shopping all in their neighborhood. To sum it up; I love good urban planning and hate urban sprawl. However, there are two reasons that I am against this development. First, this building doesn't fit. Density can occur in Ripple by building up top the street and better use of land. The scale of this project should be downtown. Secondly, I would be willing to bet that if a whole foods in Ripple is built, the Nora store would be closed. Here's my reasoning. The Nora Whole Foods expansion plans have been put on hold. I'm guessing they are waiting to see what happens with the Ripple proposal. Communities next to each other should work together to end sprawl and not work against each other and take other neighbors assets. Develop something both communities can be proud of and will attract more development and density. There's my soap box for the day.
My apologies, Lou - it was the Indy Star that printed cost for entertaining "celebrities" during Indy 500. Sorry for confusing the always timely IBJ with Indy's Gannett reprint news source.
That's fine if you want a grocery store that has festivals and live music. I guess with the prices they charge, they can afford to host such activities. As for me, I choose to spend my money more wisely and if I want to go to a festival or a concert, I will pay for that separately - not through my grocery bill.
TIF is not just to attract development but to attract a higher use for that development. Carmel wisely is using TIF for numerous public parking garages. Asphalt seas of parking pay little taxes and bring even less value to a commercial area. Also density is what is going to save Indy and Broad Ripple. The days of trying to compete with burbs are long gone.
The Prestige was an awesome movie.