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Pacers Basketball, LLC
Overview
Pacers Sports & Entertainment
This team sets the tempo on the basketball court. Pacers Basketball, which does business as Pacers Sports & Entertainment, owns and operates the Indiana Pacers professional basketball franchise of the National Basketball Association along with Indianapolis' Conseco Fieldhouse, the team's home arena. The franchise was formed in 1967 as a charter member of the American Basketball Association by a group of investors that included Richard Tinkman ...
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(who also helped found the ABA) and joined the NBA in 1976. Indiana has made just one appearance in the NBA Finals. The sports franchise is owned by shopping-center magnate Herbert Simon, who purchased the Pacers with his brother Melvin in 1983. Melvin Simon died in 2009.
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