Pacers + Obama = hectic schedule

October 7, 2008
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pepsicolThe Indiana Pacers are running into a pick even before their pre-season tips off tomorrow at the Indiana State Fairgrounds. The Secret Service—preparing for presidential candidate Barack Obama’s appearance at the Fairgrounds' grandstand—is setting the screen.

Obama’s campaign last Friday announced the Democratic presidential candidate would speak to a Hoosier crowd at the Fairgrounds, less than seven hours before the Pacers tip off against the New Orleans Hornets at 7 p.m. The Pacers—who haven’t played at the Coliseum in 34 years—have had the game planned for months.

Fairgrounds officials expect about 20,000 people to descend on the facility north of downtown starting before sunrise. Media covering the event are required to be in their assigned places by 7 a.m. so Secret Service personnel can sweep the area. A host of local and national media are expected to attend.

Pacers officials are laying out their floor and setting up goals at the Coliseum today. The Hornets will have a shoot-around at the Coliseum at 9:30 a.m. tomorrow. ESPN, who is following Hornets’ guard Chris Paul and the historic game, plans to be on hand.

Shortly after the shoot-around, Secret Service officials said they’d likely limit movement around the entire facility. Secret Service officials hope to be cleard out of the area by 3 p.m. That’s when Pacers officials will have to spring into action to complete the set-up. The teams are expected to arrive by 5 p.m.

“We’re used to having multiple big events on the same day,” said Fairgrounds spokesman Andy Klotz. “Because you have the extra element of the Secret Service and beefed up security, that will be the challenge. It’s going to be a long and interesting day for our staff.”

Pacers officials said there should be few worries for the thousands of fans expected to attend the game. The Coliseum’s capacity is 9,000. “We’ve met with the officials for the Obama campaign and the Secret Service, and we have all the logistics worked out,” said Pacers spokesman David Benner.
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  • This is crazy. There will be a lot more than 20,000 that will show up. And if my experiences tell me anything about politicians and campaigning, it's that Obama will be late. Getting everyone out by 3 p.m. ... no way. The Fairgrounds folks--and the Pacers--will be pulling their hair out before this is over. Can you believe it ... Pacers come back after 34 years, and they're met head on with the Obama visit. That's star-crossed.
  • I have to agree, I know you do not want to turndown the financial boon of a presidential candidate, but they need to make sure they do not screw the Pacers, since they had the place booked first, and they are more likely to be a repeat customer.

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

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  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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