Pacers, City Reach 10 Year Deal to Keep Team in Indy

Paul George

This week, the City of Indianapolis and our beloved Indiana Pacers agreed to the terms of a deal that would keep the Pacers in town for at least the next decade. The agreement locks the team into Bankers Life Fieldhouse for 10 years, with three one-year renewal options, according to documents obtained by The Indianapolis Star. In exchange, the city will provide $160 million to cover operating costs and facility upgrades. Critics of the deal have expressed concern that taxpayer money Continue Reading