Recent Blog Posts

Colts ask fans to design team logo

March 26, 2008
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The Indianapolis Colts are inviting fans to create a logo of a horse that is “unique, versatile and fun” for the team’s Design a Horse contest. The Colts will use the winning design...
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IUPUI stuck in hoops purgatory

March 26, 2008
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IUPUI’s basketball program has an interesting problem. Its men's basketball team needs to strengthen its non-conference schedule so it can make a postseason tournament. Postseason exposure would help it gain a stronger fan-following,...
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Hoosier hysteria reborn?

March 25, 2008
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Boys high school basketball hasn’t returned to its glory days of the 1960s, but this year’s final between Brownsburg and Marion drew a sell out crowd of 18,305 Saturday. Tournament officials said lots more tickets could have been sold if...
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Does departure help Pacers?

March 24, 2008
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Maybe Donnie Walsh stayed too long with the Pacers, as he said in a news conference this afternoon announcing his departure. The 67-year-old said the team will benefit from having a single voice, that of Larry Bird, as president...
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Roller Girls gain cult following

March 24, 2008
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The Naptown Roller Girls are proving so popular, the locally-based team is looking for a bigger venue. In only its second season playing at the State Fairgrounds’ Toyota Blue Ribbon Pavilion, the team’s...
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Youth basketball = big business

March 20, 2008
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It seems there are many people and businesses these days fighting to get a piece of youth basketball. Talks between the NCAA and NBA started heating up last month about forming a coalition to launch co-branded youth basketball leagues and...
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Let the Madness begin

March 19, 2008
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The Madness this March is going to be a little crazier than usual. Due to advances in high-speed wireless technology, more people than ever will spend time at work paying attention to the...
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Upsets hurt Big Ten tourney revenue

March 19, 2008
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As a result of quarterfinal losses by Indiana and Purdue, attendance for last week’s men’s Big Ten basketball tournament at Conseco Fieldhouse fell below projections. After Session 3 (the one featuring IU and...
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Menards races back to IRL

March 18, 2008
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 The company that powered Tony Stewart to the 1997 Indy Racing League championship is coming back to open-wheel racing. John Menard confirmed that his Menards chain of hardware superstores will be sponsoring Tony...
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NCAA to IU: Can you hear me now?

March 17, 2008
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The NCAA warned Indiana University in 2006 about hiring coach Kelvin Sampson. And IU didn’t listen. When IU was implicated in five major NCAA rules violations earlier this year, some NCAA officials, sources...
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Calling all face painters

March 14, 2008
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Indianapolis Colts fans have a unique opportunity to have their picture displayed on one of 200 permanent banners at Lucas Oil Stadium, which is set to open in September. Colts team photographers will...
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Big Ten tourney a tough ticket

March 14, 2008
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Big Ten men’s basketball tournament tickets are selling fast, according to local organizers. Approaching noon today, there were only a few seats available for tonight’s session at Conseco Fieldhouse, which includes games involving...
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Simon denies Pacers for sale

March 13, 2008
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Rumors are running hot about the future ownership of the Indiana Pacers. The New York Post’s Peter Vecsey mentioned in passing in his column on Sunday that the Simons have posted a for-sale sign on the team. Who could blame...
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For $399, you can drive like A.J.

March 12, 2008
Comments(3)
Business is good for the Indy Racing Experience, which was founded in a Gasoline Alley shop in 1987. The company, which started allowing fans to ride around the Indianapolis Motor Speedway in two-seat...
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Indy finalist for USA Basketball HQ

March 11, 2008
Comments(4)
Indianapolis today is one step closer to stealing USA Basketball's headquarters from Colorado Springs, where the national governing body for men’s and women’s basketball in the U.S. has been located since 1979. IBJ...
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IU football fortunes on the rise

March 11, 2008
Comments(4)
Indiana University this month began a television and radio advertising onslaught for its football team that seems to come at an odd time. After all, the spotlight is shining on March Madness, when...
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Big Ten Network battle rages

March 7, 2008
Comments(5)
UPDATE (March 11): The Chicago Tribune and Street & Smith's Sports Business Journal are reporting today that officials for Comcast Cable and the Big Ten Network are closing in on an agreement to put the channel on an expanded basic tier. One...
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Champ Car files bankruptcy

March 6, 2008
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Champ Car Wednesday filed Chapter 11 bankruptcy, igniting what could potentially be a bidding war for its assets. The Indy Racing League last month agreed to acquire certain assets of Champ Car, but the bankruptcy court could open things up....
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George pursuing F1 return for 2009

March 6, 2008
Comments(16)
Negotiations are heating up between Formula One and Indianapolis Motor Speedway officials that could bring F1 racing back to Indianapolis in 2009. Speedway boss Tony George told an audience at yesterday’s IU Business...
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Robin Williams puts Roark in orbit

March 5, 2008
Comments(6)
Brownsburg-based Roark Custom Titanium Bicycles got a big marketing boost from a man from outer space--figuratively and literally. In its annual buyer’s guide published last month, VeloNews, one of the nation’s largest cycling...
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Indy trails in sponsor exposure race

March 4, 2008
Comments(2)
Recently released data shows NASCAR’s Daytona 500 is still miles ahead of the Indianapolis 500 in terms of value the race delivers to sponsors. But, with the unification of the Indy Racing League...
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New Orleans to bid for Super Bowl

March 3, 2008
Comments(5)
Competition to host the 2012 Super Bowl suddenly has become a lot tougher. Last week, officials for the city of New Orleans and New Orleans Saints said they are set to bid for the big game, thrusting the hurricane-battered city...
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Knight's ESPN deal draws reaction

February 29, 2008
Comments(7)
Not surprisingly, not everyone is thrilled with former Indiana University and Texas Tech basketball coach Bob Knight joining ESPN’s in-studio crew for its NCAA March Madness coverage. Knight’s move to the media...
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Will Ferrell gives bounce to ABA

February 29, 2008
Comment(1)
New Line Cinema today is releasing its latest feature film, giving a comedic glimpse of life in the American Basketball Association. Will Ferrell plays Jackie Moon, an ABA player-owner trying to break into...
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Pacers deal with more bad press

February 28, 2008
Comments(5)
A throng of media members besieged Indiana Pacers players and front office executives after the team's practice today at Conseco Fieldhouse, seeking comment about the latest off-court incident involving a Pacers player. This...
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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