Victory Field

MORTON: Indy's road to Oz will end soon for sports team owners

April 26, 2014
David B. Morton
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
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As lease expiration nears, Indians continue years of investment in Victory FieldRestricted Content

March 22, 2014
Anthony Schoettle
For almost 18 years, the Indianapolis Indians have poured tens of millions of dollars into Victory Field while the city has spent hardly a dime.
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Indians extend deal with Pirates through 2016

August 12, 2013
Anthony Schoettle
Since the Indians began their affiliation with the Pirates in 2005, they have posted a 668-604 regular-season record, including a 352-289 mark at Victory Field.
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Colts trying to tackle proposed ticket-tax hike

January 16, 2013
Cory Schouten
The 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.
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Indians continue trend of higher profitRestricted Content

January 12, 2013
The city's professional baseball team has thrived financially since 2009, bucking the woes of the economy.
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Indians revenue grows, profit tops $1 million in 2011Restricted Content

February 25, 2012
Anthony Schoettle
The minor-league Indianapolis Indians overcame a bevy of obstacles last season to continue a run of major-league profits.
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Indians continue string of attendance increasesRestricted Content

September 10, 2011
 IBJ Staff
For 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.
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BENNER: A love lost rarely returns—except at Victory FieldRestricted Content

July 2, 2011
Bill Benner

Like most young boys in the 1950s, baseball was my first sports love.

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LEADING QUESTIONS: Indians boss still having a ball

April 20, 2011
Mason King
LQ Schumacher watch videoWhat's the secret to baseball profitability? Why is the offseason so important? Franchise President Max Schumacher fields questions.
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Indians' new ticketing partner could drive further spike in attendanceRestricted Content

March 5, 2011
Anthony Schoettle
The baseball franchise dumped Ticketmaster for another sales management firm that charges buyers lower fees.
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Indians adding dining option to Victory Field

February 5, 2011
Cory Schouten
The 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.
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Indianapolis Indians profitable for 35th straight year

January 1, 2011
Anthony Schoettle
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
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Financial records show Pirates win while losing

August 22, 2010
Associated Press
The 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.
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Six bidders in line for Indianapolis Indians stock

June 2, 2010
Scott Olson
State awards unclaimed shares of the minor league baseball team to bidders who offered as much as $27,505 for each share.
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Indians ready to score with Comcast, Brighthouse TV dealRestricted Content

March 6, 2010
Anthony Schoettle
A full season of televised games will give franchise a platform to promote attendance at Victory Field.
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Indianapolis Indians use promotion to make Monday games profitable

February 27, 2010
 IBJ Staff
Concession-stand items for $1 started drawing crowds a few years ago to what had been a slow night at Victory Field.
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Indianapolis Indians take big revenue hit, but team still profitable

December 5, 2009
Anthony Schoettle
Team 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.
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Sales of luxury suites slow at most Indianapolis sports venues

October 17, 2009
Anthony Schoettle
Ten 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.
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Indians report 2009 attendance figures

September 19, 2009
 IBJ Staff
The Tribe attracted 549,552 fans (8,202 per game) to Victory Field this season—its third-best average since 2001.
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Schumacher leads Indians to 33 straight years of profitsRestricted Content

August 17, 2009
Anthony Schoettle
Max 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.
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Schumacher prepares for eventual Indians exitRestricted Content

August 17, 2009
Anthony Schoettle
Max 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.
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CIB OKs budget, but awaits council vote

August 10, 2009
Scott Olson
Members 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.
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Indians concerned about possible ticket taxRestricted Content

February 16, 2009
Anthony Schoettle
Some 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.
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Downtown development great for citizens, visitorsRestricted Content

November 10, 2008
Chris Katterjohn
The 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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