For Gary Welsh of Advance Indiana's analysis of the Schouten's article and the impact of the giveaways see here.
My favorite part of the article though is the Pacers' respresentative who says the team did not ask the Capital Improvement Board to pick up $15 million in operating costs, but that the CIB simply did that on its own. (I might add without a public vote.) That was a mighty generous thing to do, especially when the CIB was already running a $32 million deficit.
Greg Schenkel, the team’s vice president of corporate relations, said discussions about additional funding for operation of the fieldhouse were initiated by CIB, not the team, and that the $15 million annual figure also did not originate with the Pacers.Unfortunately, given the CIB's delight at giving away taxpayer money to professional sports franchises, I almost believe Schenkel. The Pacers seem to be well represented on the CIB.