Indy Eleven takes big gamble with stadium finance plan
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.
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.
The move comes after a lender filed a $4.8 million foreclosure lawsuit on the club and asked a Hamilton County court to appoint a receiver.
Indy Eleven owner Ersal Ozdemir hopes state lawmakers will help him finance construction of a multi-use soccer stadium with 18,500 seats in downtown Indianapolis.
The memory of Bob Knight shouldn't be wiped away. He’s done far too much for IU and this state for that. But the endless comparisons of Knight to the man currently coaching the men’s team in Bloomington must stop. It’s destructive.
The Indy Fuel said Wednesday that the response has been better than expected considering the hockey team’s formation was just announced in late November.
Robert Griffin III is the most recent star who reportedly preferred to play in another market besides Indianapolis. With Colts' owner Jim Irsay's commitment to winning and his penchant for letting his guys do their jobs, you have to wonder why.
Notre Dame is ending its 17-year relationship with Adidas and switching to Under Armour Inc. with a 10-year deal it calls the biggest of its kind in the history of college athletics.
MainGate will operate 34 Super Bowl stores in New York and New Jersey around the clock, and Lids has brokered a deal with the NFL and Macy's to run the biggest Super Bowl store ever. League officials think merchandise sales at this year's Super Bowl could top $50 million.
The game Feb. 2 and the week-long run-up to it will be fresh in the minds of the 32 NFL owners when they gather for their annual meeting in Atlanta in May to hear 2018 Super Bowl bid presentations from Indianapolis, Minneapolis and New Orleans.
A dare to quit smoking and ride a bike to the 1980 World's Fair in Knoxville led Randy Clark to launch what would later become a central Indiana cycling and fitness institution. Now, Clark is phasing out his ownership.
This season, the Indianapolis Colts stuffed their home venue fuller than all but one NFL team, and the metro market's TV ratings for the team's games ranked seventh among 32 franchises.
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.
As its current deal with Adidas expires, the university is poised to sign an apparel deal with Under Armour valued at $8 million to $10 million annually.
Two Indiana University School of Optometry professors are tackling diagnosis of one of the most difficult medical problems facing sports teams at every level: head injuries.
Florida State may be the BCS national champion, but when it comes to cash flow and valuation, the Seminoles can’t touch Texas and Notre Dame.
H.A. "Humpy" Wheeler is at the wheel of an initiative to breathe new life—and money—into myriad auto racing tracks in Indiana and across the country.
Four games averaged 34.7 million viewers for the most-watched wild-card weekend on record. The Colts-Chiefs game was one of the highest rated ever among early-Saturday wild-card contests.
All four of the National Football League’s wild-card playoff games will be televised in their host team’s local market after corporate support helped ensure sellouts.
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.
The Indianapolis Colts now have until 4:35 p.m. Friday to reach a sellout to ensure their playoff game against the Kansas City Chiefs will be televised in central Indiana.