"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.
Saturday, April 17, 2010
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