A new study says that Indianapolis would lose 900 jobs if the Pacers moved.
The Indiana Pacers and Indiana Fever contribute an estimated $55 million a year to the Indianapolis economy, according to a study conducted by Chicago-based hospitality consulting firm Hunden Strategic Partners.
Together, the professional basketball teams—which host a combined 77 games annually at Conseco Fieldhouse—support 900 jobs and draw about 700,000 fans to the downtown venue, the study found.
Hunden Strategic Partners released the results at a Monday meeting of the Capital Improvement Board, which commissioned the study as it weighs whether to take over $15 million in annual Conseco Fieldhouse operating expenses.
Chrysler is seeking a a large tax abatement from Kokomo for a planned $300 million investment in its transmission plant.
The Genesis Convention Center in Gary has hired a consultant to create a new marketing plan to boost the flagging venue.
The Indiana National Guard will close three armories in Tell City, Delphi and New Castle.