Aktuelle News! » ers and Fever are the primary tenants at Ban

INDIANAPOLIS - The Pacers biggest win so far this season came Monday — off the court. One day after breaking out of a slump by beating Oklahoma City and hours before Miami rested its star players, essentially ceding the top seed in the East, the citys Capital Improvement Board approved a new deal that would help the Pacers stay financially competitive in one of the NBAs smallest markets. In exchange for providing $164 million to pay for operating costs at Bankers Life Fieldhouse over the next 10 years, the Pacers agreed to extend a lease agreement that will keep them in Indy for up to 13 more seasons. Board members voted 8-0 in favour of the deal. "This is a major factor helping us get on solid financial ground going forward," Pacers president Jim Morris said Monday. Its not the first time the Pacers have sought public assistance. Three years ago, team owner Herb Simon contended that he was losing money and could not continue to afford paying $15 million in annual operating costs. The CIB stepped in and agreed to spend up to $33.5 million through 2013. Now the quasi-government agency that runs Bankers Life Fieldhouse, home of the citys NBA team and WNBAs Indiana Fever; Lucas Oil Stadium, home to the NFLs Colts, and the citys convention centre will spend in excess of $10.8 million annually over the life of the deal. The contract runs for 10 years and includes three one-year extensions with the Pacers having the option for the first of those years. The last two will be mutually agreed upon. In return, the Pacers have agreed to stay at Bankers Life Fieldhouse and will give city leaders the "right of first offer" in the event the 79-year-old Simon dies and his heirs attempt to sell the team. The provision means the city could designate a new potential owner and that person would be able to make the first offer on the team or could match an offer from someone else. "With this agreement, one of our citys most important facilities will get some critical upgrades and continue to be home to some of our most amazing events," board president Ann Lathrop said after the vote. Critics argue that Simon, who is estimated to be worth more than $1 billion according to Forbes magazine, should foot the bill and that city leaders should fix roads and find more money for its understaffed police department. Mayor Greg Ballard contended the money in this deal couldnt be spent on those services anyway, though the new deal could create more money for those purposes. "By law, this money cant go there anyway," he said. "Its Economics 101. Youre trying to create more revenue for everything else. The assumption is that the pie is one size and thats not true at all. Youre trying to expand the pie." Simon has been frugal with his payroll. Larry Bird, the president of basketball operations, has made it clear Simon will not pay the NBAs luxury tax — the penalty for going substantially over the leagues salary cap. And the CIB investment should help the Pacers bottom line. The deal calls for the board to pay: — $3.7 million annually for fieldhouse operating expenses such as liability insurance, security and utilities; — $7.1 million in reimbursements for management of the arena, a price that includes an annual 3 per cent annual escalator clause: — $26.6 million in capital improvements to "major systems" such as locker rooms, concession stands and seating; — and half of the cost from the scoreboard the Pacers installed two years ago, taking over ownership at the end of the lease. The Pacers and Fever are the primary tenants at Bankers Life, but the arena hosts up to 500 different events throughout the year — everything from Indiana state basketball championships to concerts and other shows, all of which experts say helps the city prosper. But its the Pacers who needed the most help, and Morris believes this deal will keep them more competitive for the long run. "Were doing better," he said. "Weve had 28 sellouts this year, our attendance is up 15 per cent and our sponsorship is up. But weve had a tough 10 years and weve had substantial losses. Were making progress. For 10 or 11 years, we tried to find a way for the franchise to pay for the operating expenses of the building and we just couldnt." Cheap Ultra Boost Online . Less than 24 hours later, in the same arena, he tried to recreate the magic of his all-time favourite player. Hilliard scored a career-high 26 points and No. Cheap Yeezy 500 .Y. -- The Detroit Red Wings had just enough time to salvage a point. http://www.cheapyeezysneakers.com/nmd-shoes-outlet.html. Nothing pretty. But this is 1/4 World Cup. Usually plays out this way. Adidas Black Friday 2019 .cas NHL Play of the Year showdown continues today with a man whos spent most of his career on highlight reels and a goalie actually "reaching back" for a save. Yeezy Shoes Low Price . Former two-time Olympic gold medallist Evi Sachenbacher-Stehle tested positive for the stimulant methylhexanamine in both her "A" and "B" samples, the German Olympic Committee said. GOLD COAST, Australia -- Eight-time winner and defending champion Karrie Webb was disqualified from the Australian Ladies Masters on Friday for signing an incorrect scorecard after the second round. American Cheyenne Woods, niece of Tiger Woods, and South African Stacey Lee Bregman both followed first round 69s with six-under second rounds of 67 to lead the European and Australian tour event by a shot at 10-under 136. Webb signed for a second-straight 1-over 74 which would have made the cut. She quickly notified officials she had made an error, signing for par on the 12th when she had made bogey. Ladies European Tour tournament director Fraser Munro said "it was quite clear she signed for an incorrect scorecard. She was obviously disappointed." "She needs to verify all her 18 hole scores," Munro said. "Thats her duty. Shes not properly checked her scorecard and left the recording area." Woods, bidding for her first professional victory, had an eagle, a bogey and five birdies in her ssecond round 67 at the par-73, 6,034 metres (6,577 yards) Royal Pines Resort.ddddddddddddAfter a three-putt bogey on her ninth hole Woods, who started at the 10th, sank a 7-iron from the fairway for eagle at the par-4 first. Bregman had six birdies on an unblemished scorecard to share the lead by a shot from Englands Trish Johnson with Swedens Camilla Lennarth, formerly of the University of Alabama, a further shot behind. "It was a great day today," Woods said. "I played pretty steady throughout the entire round. "My putter was working really well for me and I was hitting the ball well so, like I said, it was just a steady day. "The highlight was definitely my No. 10, holing from the fairway." Bregman played almost her entire round without an 8-iron after breaking the club against a tree on the first hole. "I had quite a few shots which needed an 8-iron but I just had to improvise," she said. "I just had to grip down on a 7-iron or hit a hard 9-iron." ' ' '