Bank of America Corp. faces a lawsuit by former Indianapolis Colts star defensive end Dwight Freeney, who claims the bank set him up with an unqualified private banker and her “notorious financial predator” boyfriend.
The Indiana Finance Authority is paying about $71 million to Goldman Sachs Group Inc. to end an interest-rate swap as part of a bond sale to refinance debt for Lucas Oil Stadium. An additional $34.7 million is being paid for the Indiana Convention Center.
The New England Patriots’ attorney said the conclusions of the Wells Report, which led to a four-game suspension for quarterback Tom Brady and $1 million fine for the team, are “incomplete, incorrect and lack context.”
In addition to sanctions against the team's quarterback, New England was hit on Monday with a $1 million fine and the loss of two draft picks for "Deflategate." Tom Brady will be back for a Week 6 matchup with the Colts.
A National Football League investigation released Wednesday concluded New England Patriots employees likely deflated footballs used against the Colts in the conference championship and that quarterback Tom Brady was probably "at least generally aware" of the rules violations.
In a letter to team owners, Commissioner Roger Goodell said the league office and its management council will file returns as taxable entities for the 2015 fiscal year. Goodell said the NFL has been tax-exempt since 1942, though all 32 teams pay taxes on their income.
No NFL games will be blocked from local television next season, the league said Monday at the owners' meetings. The teams voted for a one-year suspension of the long-standing blackout policy for the preseason and regular season.
A universal digital inventory system that links customers to goods in more than a thousand Lids Sports Group stores helped the firm wrestle the Indianapolis Colts business away from locally based MainGate Inc., a national player in its own right.