Saturday, April 17, 2010

Pacers Would Pay Big if They Moved

"Moving the Indiana Pacers from Conseco Fieldhouse to another city would impose serious financial hardship on the franchise, according to one interpretation of the team’s 10-year-old deal with the city....

"The lease for the city-owned fieldhouse stipulates the Pacers organization would have to pay at least $50 million to the city if it vacated the venue, which opened in 1999."

There's more from IBJ.com here.

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