indycornrows.com - 2/8/2009
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Yesterday, Anthony Schoettle laid out the financial issues facing Pacers Sports & Entertainment and he didn't paint a pretty picture.
With the Capital Improvement Board (CIB) apparently set to pitch in $15 million, which puts the CIB further in the red, Jim Morris and other Pacers ...
sports.yahoo.com - 2/7/2009
slamdunkcentral.com - 2/12/2009
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The Fundamentals
BallerBlogger.com —
... declined to comment on what could happen after 2010, but CIB member Pat Early conceded the 2010 payment could be just the beginning. ‘It could be ongoing if we don’t come up with some kind of solution,’ said Early, a longtime CIB member who helped craft the Fieldhouse lease. The Pacers aren’t alone. Ten of 30 NBA teams experienced financial losses last season, according to Forbes magazine. But few have registered losses as consistently as Pacers brass claims they have.” [Via Indy Cornrows ]
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