Bird still has boss’ support, but also plenty of critics
This year might be Indiana Pacers President of Basketball Operations Larry Bird’s last shot to show that his skill assembling a team is on par with his talent as a player and coach.
This year might be Indiana Pacers President of Basketball Operations Larry Bird’s last shot to show that his skill assembling a team is on par with his talent as a player and coach.
The Indiana Pacers open their National Basketball Association season Wednesday night with two questions overriding other concerns.
Representatives of at least 17 professional sports franchises will be here looking for talent to add to their business teams.
Some City-County Council members are skeptical of the Capital Improvement Board’s spending plan for 2011 that includes $10 million for the privately operated Indiana Pacers.
Hoosier basketball legend Keith Smart was appointed by the Golden State Warriors to replace Don Nelson, the head coach with the most victories in NBA history.
Capital Improvement Board president says initial $10 million payment to the Indiana Pacers is not only reason for the larger
budget. Rather, she insisted it’s largely due to $5 million in renovations slated for Conseco Fieldhouse and other CIB-operated
facilities.
As a sponsor of the Pacers and Fever, Steak n Shake receives courtside signage, a game night giveaway and on-court promotions
Face it, Larry; you messed up. You trusted a 19-year-old with a questionable past.
The three-year agreement is designed to help the franchise shoulder the costs of operating Conseco Fieldhouse. One dissenting
voice called the team and city back to the negotiating table for a longer-term deal.
State officials decided to reduce the interest rate on a $9 million loan to the city's Capital Improvement Board by 1
percentage point. The news couldn't come at a better time for the agency, which is trying to find money to assist the
Indiana Pacers.
The $33.5 million the Capital Improvement Board is providing the Indiana Pacers is merely a Band-Aid that will do little to
solve serious short-term and long-term issues facing the team.
Winning will not, as some have suggested, cure all, because the NBA business model is so horribly awry.
Conseco Fieldhouse does not belong to the Pacers, but to the city. And we need the Indiana Pacers.
Kellogg is a broadcaster for Pacers and CBS college basketball telecasts. He’ll continue his responsibilities with Pacers
TV and as the lead college basketball analyst for CBS.
A combination of taxes targeting downtown visitors and users of the city’s professional sports complexes are expected to generate
the bulk of the subsidy.
The city will contribute $10 million annually for three years toward Conseco Fieldhouse operating expenses. It also will provide
at least $3.5 million for capital improvements.
The Capital Improvement Board earned $10 million last year after reporting a $16.8 million loss in 2008. Its financial future
is clouded, however, by talks with the Indiana Pacers over Conseco Fieldhouse operating costs.
A June 30 deadline imposed by the basketball team passed with no agreement on who will pay Conseco Fieldhouse operating expenses,
but both sides remain optimistic a deal will get
done soon.
The Indiana Pacers still are renegotiating the team's lease of Conseco Fieldhouse with a Wednesday deadline approaching.
City officials want to wait until economy, National Basketball Association labor situation stabilize before entering longer-term
deal. Optimism remains deal can get done by June 30.