In this week’s IBJ special Interview Issue, Peter Wilt is one of 29 people profiled. I’m using some space on The Score to reveal more of Wilt’s thoughts on sports business, fandom and connecting with the community.
There’s never been a better time to be a professional sports franchise operator in Indianapolis. Season-ticket renewal rates and attendance are near record levels. But some observers wonder whether too much of a good thing could turn into a bad thing if spending on sports outruns growth in the local economy.
Indy Eleven officials want to raise revenue but have no interest in raising ticket prices. With the team selling out home games, Eleven chief Peter Wilt will have to get creative, and eventually make another run at a new stadium.
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
Local NASL team locking horns with big boys from Chicago. Match played at Purdue should draw fans from Indy and Windy City.
The Indy Eleven soccer team would generate just $2 million to $4 million a year in ticket sales, a fraction of the $51 million that owner Ersal Ozdemir has estimated a new downtown stadium would generate including non-soccer events, according to an independent analysis.
The Indy Eleven won’t play its first game for nearly seven weeks. But officials with the North American Soccer League franchise say there’s already an urgent need to plow ahead with building the team an $87 million stadium.
By asking for tax money to help finance an $87 million, 18,500-seat venue, soccer team owner Ersal Ozdemir is gambling with one of his franchise's most valuable assets.