IBJNews

Tennis officials confirm sale of tournament

Back to TopCommentsE-mailPrintBookmark and Share

Officials with the Indianapolis Tennis Championships on Monday morning confirmed that they are selling the rights to host an annual men's professional tennis event that has roots in Indianapolis dating back to 1920.

ITC Director Kevin Martin said he has “explored every conceivable scenario” to keep the ATP Tour event, which is now held at the Indianapolis Tennis Center on the IUPUI campus.

ITC officials put out a press release this morning in response to an article about the event's move in this week’s Indianapolis Business Journal.

The event lost its title sponsor, RCA, following the 2006 tournament and subsequently lost its television deal with NBC. Attendance declined from near 100,000 in its heyday 15 to 20 years ago to just more than 41,000 in 2009.

U.S. Tennis Association officials told IBJ that the USTA’s Southern Section had bought the sanction for the tournament and planned to move the week-long event to the Atlanta Athletic Club in 2010, but Martin said no deal has been finalized.

“We are still in discussions with several different groups,” Martin said.

A Georgia-based marketing firm, The Forward Agency, last week began advertising sponsorships for the tournament in Atlanta.

“I don’t know where they got their information,” Martin said.

Those Internet ads have since been pulled.

Officials with the USTA’s Midwest Section in Indianapolis said they looked into buying the rights for the event, but decided they couldn’t afford to take an equity stake.

Martin declined to say how many groups ITC officials are negotiating with nor would he name the groups. He conceded that the event is in all likelihood heading out of Indianapolis.

The ATP has final approval over the sale of the tournament’s sanction.
 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. How much you wanna bet, that 70% of the jobs created there (after construction) are minimum wage? And Harvey is correct, the vast majority of residents in this project will drive to their jobs, and to think otherwise, is like Harvey says, a pipe dream. Someone working at a restaurant or retail store will not be able to afford living there. What ever happened to people who wanted to build buildings, paying for it themselves? Not a fan of these tax deals.

  2. Uh, no GeorgeP. The project is supposed to bring on 1,000 jobs and those people along with the people that will be living in the new residential will be driving to their jobs. The walkable stuff is a pipe dream. Besides, walkable is defined as having all daily necessities within 1/2 mile. That's not the case here. Never will be.

  3. Brad is on to something there. The merger of the Formula E and IndyCar Series would give IndyCar access to International markets and Formula E access the Indianapolis 500, not to mention some other events in the USA. Maybe after 2016 but before the new Dallara is rolled out for 2018. This give IndyCar two more seasons to run the DW12 and Formula E to get charged up, pun intended. Then shock the racing world, pun intended, but making the 101st Indianapolis 500 a stellar, groundbreaking event: The first all-electric Indy 500, and use that platform to promote the future of the sport.

  4. No, HarveyF, the exact opposite. Greater density and closeness to retail and everyday necessities reduces traffic. When one has to drive miles for necessities, all those cars are on the roads for many miles. When reasonable density is built, low rise in this case, in the middle of a thriving retail area, one has to drive far less, actually reducing the number of cars on the road.

  5. The Indy Star announced today the appointment of a new Beverage Reporter! So instead of insightful reports on Indy pro sports and Indiana college teams, you now get to read stories about the 432nd new brewery open or some obscure Hoosier winery winning a county fair blue ribbon. Yep, that's the coverage we Star readers crave. Not.

ADVERTISEMENT