The Pacers’ revenue stream this season has increased about $42 million from where it was during the 2008-2009 season, and the team’s finances could get even brighter as the NBA negotiates a new national television package.
The Colts recently contracted with California-based DeskSite to launch an app to feed fan laptops, tablets, desktop computers and televisions with on-demand Colts-centric video content.
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
The city's Capital Improvement Board will spend $160 million over 10 years on subsidy payments and stadium improvements for the Indiana Pacers in exchange for a lease extension through the 2023-2024 season.
With the regular season concluding, the Indiana Pacers have exceeded their own ticket sales expectations, drawing more fans to the fieldhouse in any one season since 2000-2001. The team has sold out more games this year than in the last three years combined.
The project by Sarasota-based GoodSports Enterprises would include a 124-bed hotel and an attached 85,000-square-foot fieldhouse, built on the land once targeted by Cabela’s.
Startup dot-com BookIt Commerce Inc. is in the midst of expanding its site for vetting and marketing coaches into new markets.
President Mark Emmert said Sunday that the NCAA wants to allow the big conferences with moneymaking teams to write their own rules, and those changes could solve many athletes' complaints more effectively than unionization.
Kentucky’s coaching staff will reap an extra $736,000 if the team wins the NCAA basketball tournament. Meanwhile, players are being asked by security to remove labels from water bottles at practice to avoid conflicts with a sponsorship agreement.
A March 26 decision by the National Labor Relations Board to let football players at Northwestern University unionize could trigger a tidal wave of changes across college athletics, including in Indiana, and for the NCAA itself.
So maybe you’ve heard of Cutters Race Team. That’s the new idea where, for a few bucks, you can help sponsor an Indianapolis 500 race car.
Northwestern University athletes pressed their case for collective bargaining rights during meetings Wednesday with lawmakers, as a vote was scheduled for them to decide whether to authorize a union.
Hulman & Co. officials are projecting 20-percent to 25-percent gains in ticket and sponsorship sales this year over last. But it's still not clear if the open-wheel series will be profitable.
Given the fan following for the Stanley Cup champion Blackhawks in central Indiana, the agreement stands to be a significant boost for the Fuel, who begin play in October at the renovated Indiana State Fairgrounds Coliseum.
City's new pro hockey team donating all money from its in-game fundraising including raffles and other promotions for its first five seasons at the Fairgrounds Coliseum to support youth hockey leagues.
On Friday, Gatorade will introduce Pacer Paul George as its newest NBA spokesman in a lineup that already features prominent athletes such as Dwyane Wade, Peyton Manning, Serena Williams and Derek Jeter.
Indiana, Purdue and Butler all find themselves at a crossroads after disappointing seasons.
Lawsuits challenging amateurism in U.S. college sports may result in higher costs for universities and the National Collegiate Athletic Association, Moody’s Investors Service said Thursday.
