The Pacers’ revenue stream this season has increased about $42 million from where it was during the 2008-2009 season, and the team’s finances could get even brighter as the NBA negotiates a new national television package.
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
On Friday, Gatorade will introduce Pacer Paul George as its newest NBA spokesman in a lineup that already features prominent athletes such as Dwyane Wade, Peyton Manning, Serena Williams and Derek Jeter.
The NBA season isn’t supposed to start in earnest until after the Super Bowl. But the Indiana Pacers this season didn’t wait until an NFL champion was crowned to go red hot—on and off the court.
The NBA has quietly brokered a deal with the former owners of the American Basketball Association’s St. Louis franchise that sources say eventually could save the Indiana Pacers millions of dollars a year.
The Indiana Pacers are the hottest team in the National Basketball Association, and their winning ways are paying off for the team and its broadcast partner.
A look at some of the runner-up top Indianapolis business stories from 2013.
The network said the Tuesday night telecast averaged 920,000 viewers, topping out at more than 1 million from 10:15 to 10:30 p.m. EST.
The Indiana Pacers were the first NBA team to jump on the opportunity to sell advertising on the court. So far, just two other teams have followed suit.
The Indiana Pacers recently entered a long-term contract with Walt Disney Co.’s Disney Institute, to polish customer service from top to bottom.
The Longtime Indianapolis sports journalist and executive has left the Horizon League to join Pacers Sports & Entertainment as senior vice president of corporate, community and public relations.
The Indiana Pacers have brokered a deal with an unusual sponsor—the Indiana Economic Development Corp.—to become the first of 30 National Basketball Association teams to sell courtside ads emblazoned on the hardwood.
Team officials have not released details, but the contract is reported to be for five years and worth $80 million-plus.
Award-winning filmmaker Ted Green, whose previous documentaries profiled John Wooden, Roger Brown and Indiana war veterans, found Bobby “Slick” Leonard has done basically everything there is to do in basketball.
The Capital Improvement Board of Marion County is prepared to give the Pacers another $11 million to offset losses from operating Bakers Life Fieldhouse as it continues to negotiate a long-term contract with the team.
In April, Jonathan Bender launched a company based on a device he invented to help others avoid the knee troubles that put an end to his promising NBA career. Already, he’s brokered a deal with California-based Relax The Back retail chain.
A recharged Larry Bird, 56, will succeed Donnie Walsh, 72, as president of basketball operations for the Indiana Pacers. His return comes almost exactly a year after he stepped down, citing health concerns.
The team plans to provide gold t-shirts for all in attendance for Saturday’s game, which tips off at 8 p.m. Ticket packages for next season are selling as local enthusiasm builds.
