College Sports

Big money under close scrutiny at NCAA Final Four

April 4, 2014
Bloomberg News
Kentucky's coaching staff will reap an extra $736,000 if the team wins the NCAA basketball tournament. Meanwhile, players are being asked by security to remove labels from water bottles at practice to avoid conflicts with a sponsorship agreement.
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College athletes take labor cause to Capitol Hill

April 2, 2014
Associated Press
Northwestern University athletes pressed their case for collective bargaining rights during meetings Wednesday with lawmakers, as a vote was scheduled for them to decide whether to authorize a union.
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Football labor decision might hurt schools, Moody's says

March 27, 2014
Bloomberg News
Lawsuits challenging amateurism in U.S. college sports may result in higher costs for universities and the National Collegiate Athletic Association, Moody’s Investors Service said Thursday.
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Northwestern football ruling seen changing college sports

March 26, 2014
Bloomberg News, Associated Press
In a stunning ruling that could revolutionize a college sports industry worth billions of dollars and have dramatic repercussions for the Indianapolis-based NCAA, a federal agency said Wednesday that players at Northwestern can unionize.
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Kentucky teams drive surge in demand for Indy's NCAA regional

March 24, 2014
Anthony Schoettle
Demand for tickets and local hotel rooms spiked once it became clear that Kentucky and Louisville would meet in the Sweet Sixteen at Lucas Oil Stadium this weekend.
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NCAA called 'cartel' with top conferences in player suit

March 17, 2014
Bloomberg News
The NCAA and five top conferences generate billions of dollars in revenue and illegally cap the pay of student athletes, a group of football and basketball players claim in a new lawsuit that seeks to reshape college sports.
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Former college running back sues NCAA over scholarship caps

March 5, 2014
Bloomberg News
The Indianapolis-based National Collegiate Athletic Association and five of college football's regional conferences, including the Big Ten, were sued by a former West Virginia University player who claims they agreed to limit the value of scholarships to less than the actual cost of attendance.
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NCAA, ex-college players ordered to hold settlement talks

February 28, 2014
Bloomberg News
The National Collegiate Athletic Association and ex-college athletes have been ordered to hold settlement talks in an $800 million lawsuit claiming the Indianapolis-based NCAA illegally blocks student players from profiting from the use of their images.
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Big Ten men's basketball tourney already sold out

February 24, 2014
 IBJ Staff
The tournament is returning to downtown’s Bankers Life Fieldhouse after being played at the United Center in Chicago a year ago. It will be the ninth time Indianapolis has hosted the tournament in the event's 16-year history.
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Judge: NCAA must face trial on ex-player licensing revenue

February 21, 2014
Players seeking a share of $800 million a year in licensing fees for televised games received a sympathetic ear from a federal judge in California.
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Notre Dame plans $400M stadium, campus expansion

January 29, 2014
Associated Press
The Rev. John Jenkins, the university president, called it "the most ambitious building project in the 172-year history of Notre Dame," saying more space was needed to accommodate the university's broadening research activity.
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Notre Dame switching from Adidas to Under Armour

January 21, 2014
Associated Press
Notre Dame is ending its 17-year relationship with Adidas and switching to Under Armour Inc. with a 10-year deal it calls the biggest of its kind in the history of college athletics.
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Notre Dame mulling new apparel deal

January 13, 2014
Anthony Schoettle
As its current deal with Adidas expires, the university is poised to sign an apparel deal with Under Armour valued at $8 million to $10 million annually.
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IU professors' invention tracks eyes to detect brain injuries

January 11, 2014
Anthony Schoettle
Two Indiana University School of Optometry professors are tackling diagnosis of one of the most difficult medical problems facing sports teams at every level: head injuries.
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LOPRESTI: New Year’s Eve brings real break from past at Butler

December 28, 2013
This won’t be your garden variety New Year’s Eve. The ball drops at 7:30 p.m., not midnight, and it’ll be orange. This Auld Lang Syne comes with 3-pointers.
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Assembly Hall to carry Simon Skjodt name after major renovation

December 19, 2013
Anthony Schoettle
Indiana University's Assembly Hall will be renamed Simon Skjodt Assembly Hall after the school uses a $40 million gift from IU graduate and Indianapolis philanthropist Cindy Simon Skjodt to renovate the facility, IU announced Thursday afternoon.
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NCAA concussion cases sent to Chicago by U.S. judges’ panel

December 18, 2013
Bloomberg News
Ten lawsuits accusing the National Collegiate Athletic Association of concealing the long-term risks of concussions sustained in student sports must be litigated in Chicago, not Indianapolis, a federal judges’ panel ruled.
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Parties disagree on combining NCAA concussion lawsuits

December 5, 2013
Bloomberg News
Head-trauma lawsuits by ex-football players filed against the NCAA defy easy consolidation—unlike National Football League cases consolidated by federal judges and later settled for $765 million.
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Big Ten football championship sells out, packs downtown hotels

December 5, 2013
Anthony Schoettle
The battle on Saturday between Ohio State and Michigan State, plus ESPN broadcasts and special events downtown, are expected to have a $15 million economic impact on Indy. That's a vast improvement over the 2012 championship.
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Peyton Manning wears ankle brace designed by local entrepreneur

November 30, 2013
Anthony Schoettle
Rick Peters, founder of Carmel-based Ultra Athlete LLC—a small manufacturing firm with a reputation for state-of-the-art ankle braces—sent his latest brace to the Denver Broncos head trainer on a whim, and saw Manning wearing it three days later.
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Butler University's Danko seeks lasting gains from hoops glory

November 30, 2013
Sam Stall
The new president is seeking to build lasting gains from the school’s 15 minutes of hoops glory.
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NCAA sues Electronic Arts over athlete lawsuit settlement

November 20, 2013
Bloomberg News
The National Collegiate Athletic Association sued Electronic Arts Inc., saying the video-game maker hasn’t agreed to indemnify the NCAA for legal claims by college athletes and hasn’t maintained insurance to do so.
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NCAA loses bid to dismiss ex-athletes’ antitrust claims

October 27, 2013
Bloomberg News
The National Collegiate Athletic Association lost a bid to dismiss antitrust claims in a lawsuit brought by ex-student athletes over the use of their images and likenesses on television and in video games.
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National runners-up come up winners in grad rates

October 24, 2013
Associated Press
Of the 10 teams that reached the BCS football championship game and the men's and women's basketball Final Four, only one finished with a graduation rate lower than 70 percent in the NCAA's latest report.
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IUPUI seeks financial help to overhaul NatatoriumRestricted Content

October 19, 2013
Anthony Schoettle
Indiana University officials are seeking $17 million to $20 million to upgrade the Natatorium on the IUPUI campus and are considering turning day-to-day operations of the aquatics venue over to a third party.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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