Indianapolis Business Journal

MAY 13-19, 2013

College sports as we know them could change virtually overnight, and athletic porgrams could watch their budgets shrink by half, depending on the outcome of a lawsuit against the Indianapolis-based NCAA. Anthony Schoettle examines the potential consequences of the anti-trust case brought by a former UCLA player, which could become a class action in June. In Focus, learn about the comeback staged by credit unions in central Indiana, with profits climbing 45 percent statewide. And walk the halls of Howe High as a new charter school operator struggles to turn around the troubled school with declining enrollment. J.K. Wall presents a case study in revamping an institution.

Front PageBack to Top

Lawsuit threatens NCAA’s amateur business model

On June 20, a California federal court will determine if an antitrust lawsuit brought by former UCLA basketball player Ed O’Bannon—who argues he should’ve been paid for the use of his likeness on game broadcasts and in EA Sports video games—can become a class action.

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Whitsett goes big with Star project

A local developer plans to tear down part of the Indianapolis Star’s downtown headquarters while saving most of the building in a redevelopment that calls for 350 apartments—more units than the massive CityWay.

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Development may spawn TIF tug of war

The developer of a $17 million mixed-use project proposed for Broad Ripple is expected to seek a city subsidy—support that at least one City-County councilor believes should be reserved for neighborhoods starved for investment farther south.

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Top StoriesBack to Top

Slingshot is shifting aim away from SEO

After Google cracked down on some of the tools companies were using to improve their positions in search results, Indianapolis-based Slingshot SEO opted to launch a sister brand called Digital Relevance that will focus on earning media attention.

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Circle Centre hanging in despite anchor vacancy

The downtown mall last year saw its sales per square foot increase to $354, a 5.3-percent increase from 2011, according to an annual operating report it provides to the city. But non-anchor occupancy slipped below 90 percent.

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FocusBack to Top

Indiana credit unions are booming again

Credit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships, growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.

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OpinionBack to Top

DRESSLAR: Extremists hindering Common Core

Controversy over education policy is normal for the General Assembly, but this session’s pointless rancor over Common Core State Standards has only hindered progress in teaching our children and building our communities.

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Hicks: Root cause of suffering labor market elusive

At the beginning of the Great Recession, in December 2007, there were more than 26 full-time workers for each part-time employee looking for full-time work. By June 2009, that number had shrunk to less than 15 full-time workers for each part-timer. There it has remained.

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In BriefBack to Top