The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.
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The law, which passed with bipartisan support in April, created funding plans for most of a $360 million renovation of Bankers Life Fieldhouse and the construction of a $150 million soccer stadium for the Indy Eleven by diverting millions of dollars in annual state tax revenue to the Capital Improvement Board.
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The change comes as the Pacers look to create court-facing gathering areas like those found at other new or renovated venues.
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Pacers Sports & Entertainment hopes to pin down a new multimillion-dollar sponsorship deal before the first phase of a $360 million renovation to the venue begins next summer.
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The Pacers did not announce financial terms of the deal though ESPN.com first reported it was worth $77 million in guaranteed money and Sabonis could make as much as $85 million with bonuses.
Officials said the initiative will provide grants of up to $50,000 for 21 brick-and-mortar capital improvement projects that focus on health and wellness or education.
Former Butler University basketball player Brent Rockwood is set to become vice president and chief of staff at his alma mater, the university said Wednesday.
The Indiana Fever will play at Hinkle Fieldhouse on the Butler University campus for two-plus seasons while Bankers Life Fieldhouse undergoes its massive renovation, Pacers Sports & Entertainment announced Thursday.
Clark Kellogg, a first-round draft pick for the Indiana Pacers in 1982 and current lead basketball analyst for CBS Sports, has been a member of the bank’s advisory board since 2001.
Former Auburn University assistant basketball coach Chuck Person has avoided prison in a bribery scandal that has touched some of the biggest schools in NCAA basketball.
The move pushes forward the Capital Improvement Board’s deal with the Pacers, which calls for more than $360 million in renovations to Bankers Life Fieldhouse.
Three times as many central Indiana homes watched the Indiana Pacers play the Oklahoma City Thunder on Dec. 13 than the average audience for other televised Pacers games this season.
Central Indiana residents are flocking to their TVs and computers in growing numbers to watch Victor Oladipo and his upstart teammates beat expectations on the court this season.
While the economic impact for the 2021 All-Star weekend could top $100 million for Indianapolis, the hard costs and soft expenses for the Pacers and city will easily reach eight figures.
Despite the team’s surprising play, seats for Pacers home games are among the cheapest in the league on the secondary market.
Also, Joey Chestnut prepares to defend his shrimp-eating title in Indy, and the North American Soccer League suffers another blow.
Fans of the Blue and Gold can catch a win at Bankers Life Fieldhouse for a relatively small investment, according to this season’s TickPick analysis for all 30 NBA clubs.
Central Indiana residents prefer pro football and Indy’s franchise to all other leagues and teams by a wide margin, according to the study. But its author says recent protests by players around the league could put a dent in their popularity.
The Pacers organization is preparing to take the virtual court with its new video-gaming team. Meanwhile, Terry Hutchens has compiled a bucket list for Hoosiers hoops fans.
Indianapolis native and former Indiana Pacer Jeff Teague and his family want the fitness and training facility to serve a range of athletes from children to professionals.
The Cleveland-based bank is getting the naming rights to the lower level of suites at Bankers Life Fieldhouse as part of its five-year deal with the team.
Meanwhile, the Indiana Fever signs a deal with a local marketing firm to build on the team’s strong sales in 2016, and the Indianapolis Motor Speedway educates its fans on organ donation.
The virtual league is set to debut in 2018 with a full season of competition between at least 17 franchises. Pacers games likely will played at Bankers Life Fieldhouse.
The team’s two primary marks are not going away. The newest logo is designed to look more modern and emphasize that the Pacers are a statewide team.
