Articles

Pacers: We’ve lost money 9 of last 10 years

Swamped by financial losses that go back to the time Herb and Mel Simon bought the Indiana Pacers in 1983, team officials
are now looking for a new game plan—one that may involve financial assistance from taxpayers and visitors.

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Pacers cut costs, boost marketing to break even within three years

The Indiana Pacers are ratcheting up sales and marketing initiatives while cutting costs elsewhere in an effort to simultaneously
ride out the economic storm and boost attendance. The team has little hope of being profitable this year-or even breaking
even, said Pacers President Jim Morris, but he added that within three years the franchise’s financial status should be much
improved.

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Fieldhouse must fend off Louisville arena rival

Although the opening of a 22,000-seat arena in Louisville is still three years away, officials here are already bracing for
a raid on Indianapolis and Conseco Fieldhouse events. Several Indianapolis interests will be watching Aug. 20 as the Louisville
Arena Authority unveils designs for the arena along the Ohio River.

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