Pacers Sports & Entertainment should have little problem securing a new naming-rights sponsor for the fieldhouse that will pay at least double the current rate of $2 million a year, experts say.
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Ann Lathrop explains why she’s stepping away from the city’s Capital Improvement Board after helping pilot its recovery and cutting a deal to heavily subsidize the Indiana Pacers’ operation of Bankers Life Fieldhouse.
Read MoreIndy Eleven owner Ersal Ozdemir fielded questions from legislators Thursday about the $87 million, state-financed outdoor stadium he has proposed. The meeting started with a warm reception for Ozdemir, and lacked any testimony against the plan.
The 1985 NBA All-Star Game remains the only all-star game the league has held in Indianapolis—a curious omission given the city’s propensity for landing big-time events.
The Indiana Pacers will open the season at Bankers Life Fieldhouse with a new $16 million audio and video system, the team announced Thursday afternoon.
Improvements to the home arena of the Indiana Pacers will include a new scoreboard and a renovation of the arena's television studios, said a source with knowledge of the planned changes.
The Indiana Pacers’ playoff run and a decreased player payroll—along with $10 million from the city’s Capital Improvement Board—have brought the team closer to breaking even this year, but not out of the red, sports business experts say.
Sober times have made no-no’s of many of the perks that once greased business relationships.
The Indiana Pacers are looking to become one of a handful of NBA teams to scrap their traditional static ticket pricing system for one resembling the fluctuating model employed by airlines.
Pacers Sports & Entertainment and local tennis officials are hopeful a tennis event featuring Pete Sampras and Todd Martin at Bankers Life Fieldhouse will be a springboard to much bigger tennis events, maybe even a Davis Cup match.
It will be difficult to rebrand the arena where the Indiana Pacers play, but team officials praised sponsor CNO Financial for sticking with the $20 million naming-rights deal despite tough times.
The Pacers have not announced a name change, but have a special announcement scheduled for Thursday.
Sports business experts with knowledge of the new collective bargaining agreement expected to be ratified by NBA owners and players this week think it will push the Indiana Pacers toward breaking even but won’t ensure the team’s long-term profitability.
The cancellations will cost the Indiana Pacers three preseason games, including home games Oct. 11 vs. the defending NBA champion Dallas Mavericks and Oct. 15 against the Orlando Magic.
Some 13,000 people have agreed to pitch in to help with visitors and events surrounding the game, slated for Feb. 5 in Indianapolis. More than 2,000 attended a training kickoff event on Wednesday.
A proposal in front of a City-County Council committee would require ticket brokers to purchase an annual license to sell tickets within one mile of an event venue.
Viewership for Pacers games on Fox Sports increased 35 percent this year over last, according to New York-based Nielsen Media Research.
Downtown hotel rooms were sold out three straight nights as attendance at the Big Ten men's basketball tournament hit its highest mark since 2006.
The contract between Indianapolis and the Big Ten expires in 2012, and officials from the conference’s 11 universities are beginning the process to select a future host for the men’s and women’s basketball tournaments.
Legislation that would allow Hoosiers with gun permits to carry their weapons into municipal properties could affect Lucas Oil Stadium and the Indiana Convention Center.
CNO Financial Group appears to have backed away from plans to change the name of the Indiana Pacers home it sponsors, Conseco Fieldhouse, even though the company no longer uses the Conseco name.
Attendance has improved since the team’s league-worst mark in 2007-2008, but cracking the 15,000-per-game mark is a struggle.
