The minor-league Indianapolis Indians overcame a bevy of obstacles last season to continue a run of major-league profits.
Like most young boys in the 1950s, baseball was my first sports love.
The baseball franchise dumped Ticketmaster for another sales management firm that charges buyers lower fees.
The Indianapolis Indians have torn out about 400 seats in Victory Field’s left flank to make way for Captain Morgan Cove—an open-air restaurant and bar that will feature a menu separate from other stadium offerings and table service for up to 120 fans.
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
The Pirates, the Major League parent club of the Indianapolis Indians, made nearly $29.4 million in 2007 and 2008, according
to team financial documents, years that were part of a streak of futility that has now reached 18 straight losing seasons.
State awards unclaimed shares of the minor league baseball team to bidders who offered as much as $27,505 for each share.
A full season of televised games will give franchise a platform to promote attendance at Victory Field.
Concession-stand items for $1 started drawing crowds a few years ago to what had been a slow night at Victory Field.
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.
Max Schumacher, now in his 52nd year with the Indians, runs a tight ship. His attention to detail and strategic thinking have
served the city’s minor league baseball team well.
Some local officials wrestling with the Capital Improvement Board’s $37 million deficit think part of the profit made by the Indianapolis Indians could be used to narrow that deficit, but Indian officials balk at that idea because they say they’ve already paid more than their share.