Official: Pacers can't afford to run fieldhouse

By: The Associated Press
By: The Associated Press

An Indianapolis Capital Improvement Board official is urging the city to take over the cost of operating Conseco Fieldhouse, saying the Indiana Pacers can no longer afford it.

The Indianapolis Star reports on its Website that board Vice President Pat Early says the Pacers are losing about $30 million this season. He says the team can't afford Conseco Fieldhouse's annual $15 million operating cost.

Early urged the board to take over the cost of running the fieldhouse to protect the health of the downtown Indianapolis economy.

Pacers vice president of corporate and public relations Greg Schenkel says the team has lost money for nine of the past 10 years. He says the Pacers are seeking help only with Conseco Fieldhouse's costs, not team expenses.

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