Quick take: Six things to know about the proposed Pacers deal
Here’s a breakdown of the 158-page agreement that the CIB was considering Friday morning.
Here’s a breakdown of the 158-page agreement that the CIB was considering Friday morning.
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
A major deal to keep the Pacers in Indianapolis for decades is expected to be voted on Friday during a meeting of the Capital Improvement Board.
The president of the Capital Improvement Board said negotiations on a 25-year deal with the Indiana Pacers are progressing, but a final pact is likely months away.
The Capital Improvement Board on Feb. 4 put out a request for bids for a new point-of-sale system to be used throughout Bankers Life Fieldhouse.
A bill filed by Senate Appropriations Chairman Ryan Mishler would extend the life of multiple tourism- and entertainment-related taxes that help fund the Capital Improvement Board and expand the footprint of what’s known as the Professional Sports Development Area to capture even more tax revenue for the CIB. But there’s a catch.
The Capital Improvement Board of Managers will ask lawmakers for more long-term funding that could be used in part for improvements at Bankers Life Fieldhouse. The governor says he’s ready to listen.
The $200 million in upgrades to the Atlanta Hawks’ arena might provide hints as to what Pacers Sports & Entertainment is seeking in hush-hush negotiations with the Capital Improvement Board.
The Capital Improvement Board will seek at least $8 million from lawmakers to help fund what officials say will be a 25-year plan for improvements in the Indiana Convention Center, Bankers Life Fieldhouse and other facilities the CIB owns.
City convention officials are gearing up for a big financial ask of the Indiana General Assembly next year as they set out on a $120 million expansion of the Indiana Convention Center at Pan Am Plaza.
Pacers Sports & Entertainment on Wednesday unveiled a concessions menu that includes some of the most diverse food options in the history of Bankers Life Fieldhouse.
Pacers Sports & Entertainment should have little problem securing a new naming-rights sponsor for the fieldhouse that will pay at least double the current rate of $2 million a year, experts say.
Indianapolis officials say they’re up for the challenge of hosting the eighth annual College Football Playoff National Championship in January 2022, even as they’re planning six other big sporting events that take place within a 13-month stretch.
NBA Commissioner Adam Silver said Lucas Oil Stadium was “briefly considered” as the site of the 2021 NBA All-Star Game. But a desire to have the game in a more intimate facility led the league and team officials to choose the 18,165-seat Bankers Life Fieldhouse to host the game.
It’s not just the Pacers players who are unknown quantities this season. So are some of the food offerings. Until now.
Pacers Sports & Entertainment finished a record year this summer—not on the court but in its management of Bankers Life Fieldhouse.
A spokeswoman for the Texas-based chain says a franchisee is set to open later this year in Bankers Life Fieldhouse.
Pacers President of Basketball Operations Larry Bird on Monday delivered the city’s bid to host the 2021 NBA All-Star Game to NBA executives in New York City in a specially-themed IndyCar.
The NBA All-Star Game is broadcast to 215 countries and territories in 49 languages, according to NBA officials. In China alone, nearly 40 million people watch the game and another 10 million do so in Europe.
The team is working with a startup called WaitTime, which will use cameras and artificial intelligence to send fans to the shortest lines. If it works, the Pacers could stand to make a lot more money.