Simons don’t need our financial help
The most important piece of leverage Mayor Ballard has in negotiating with the Pacers is being willing to let them go.
The most important piece of leverage Mayor Ballard has in negotiating with the Pacers is being willing to let them go.
Herb Simon is taking a new hands-on approach
with the Indiana Pacers, which he co-owns with his brother, Melvin. In response to a string of losing seasons and off-court
mishaps involving players, Simon is transforming himself from a behind-the-scenes owner into a visible figure intent on reconnecting
the franchise with the community that once adored it.
Recently announced changes to the Indiana Pacers’ front office leave questions about the team’s long-term ownership unanswered.
While Larry Bird, Pacers director of basketball operations, is set to take over for CEO Donnie Walsh at season’s end, there
is no indication what succession strategy, if any, exists for replacing team owners Mel Simon, 81, and Herb Simon, 73.
A push from Indiana Pacers co-owner Herb Simon and seven other National Basketball Association owners is spurring league officials
to adopt broader revenue-sharing measures. But those measures might not be enough to pull the Pacers out of the red.
Indiana Pacers co-owner Herb Simon has thrown his support behind an effort to pressure National Basketball Association Commissioner
David Stern to implement more aggressive revenue sharing among NBA franchises.