Local entrepreneurs Mark Welsh and Charlie Russell last year started an app development company. And this year, they inked partnerships with ESPN fantasy football guru Matthew Berry and daily fantasy sports behemoth DraftKings for their first major endeavor.
The move follows recommendations released earlier this year by the NCAA's Commission on College Basketball, a group that was chaired by former Secretary of State Condoleezza Rice and tasked with reforming the college game.
Local partners will include the Pacers, Colts and NCAA. But state officials declined to specify the contribution from Indiana's Next Level Fund, a new state-backed venture pool with $250 million to invest.
The big question in the Colts' preseason opener on Thursday is how Andrew Luck's shoulder will react under game conditions, especially when he takes his first hit. For now, Luck is concentrating on getting re-acclimated to the big stage.
When Drew Brees heard a 1930s-era Purdue University jersey worn by John Wooden was being sold at auction, he saw an chance to help his alma mater showcase its ties to the legendary coach. He paid a steep price for the opportunity.
At an impromptu news conference during Saturday's draft, owner Jim Irsay acknowledged the Colts had been contacted by other teams interested in Luck. The team had no interest in dealing the face of the franchise.