with 3:53 left in the second. Billy Smith Jersey. Anaheim got one back after Beleskeys fluttering backhander foo

lw789
l
Posts: 1910
with 3:53 left in the second. Billy Smith Jersey. Anaheim got one back after Beleskeys fluttering backhander foo
Posted on 8:17pm Jul 17, 2017
INDIANAPOLIS - The Pacers biggest win so far this season came Monday — off the court. Anthony Beauvillier Islanders Jersey . 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." Jean-Francois Berube Jersey . The underachieving franchise finished 17th in the 19-team league with a 6-17-11 record this season. "Our soccer team is absolutely in complete disarray," said Leiweke, drawing laughs during an Empire Club luncheon speech about the future of MLSE teams and plans to improve them. Josh Bailey Jersey . Its been two seasons in one for both parties and neither will look back on the first 18 games fondly. "I think I took the fall for a lot of things," said Gay, reflecting on his short time in Toronto ahead of Wednesdays game against his former club.San Jose, CA (SportsNetwork.com) - Antti Niemi made 25 saves and six different Sharks scored as San Jose used a five-goal second period to ease past the Anaheim Ducks, 6-3, on Thursday. Patrick Marleau, Barclay Goodrow and James Sheppard each tallied a goal and an assist and Brenden Dillon, Matt Irwin and Joe Pavelski also scored for the Sharks, who have won seven straight home games against the Ducks. Special teams got us going and it was good to see, Pavelski said. Andrew Cogliano, Patrick Maroon and Matt Beleskey all lit the lamp for the Ducks, who had their six-game winning streak come to a screeching halt. Ilya Bryzgalov gave up all six goals on 25 shots and Frederik Andersen turned aside all eight shots fired his way in relief. If I made a couple of saves on some of those goals, it might be different, said Bryzgalov. The Sharks seized control with five goals during the middle stanza. Goodrow started the drastic momentum shift 2:15 into the frame as he shot the puck through Bryzgalovs pads and Marleau made it a 3-1 game four minutes later after he deflected Brent Burns point shot. Irwin stepped up into the slot annd wristed a shot past a screened Bryzgalov at 12:37, Sheppard found twine with a wrister off the rush two minutes later and Dillon made it a 6-1 game after his cross-ice feed on a short-handed two-on- one went in off a sliding Beleskey with 3:53 left in the second. Billy Smith Jersey. Anaheim got one back after Beleskeys fluttering backhander fooled Niemi just 1:23 into the third and Maroon accounted for the final score with 1:10 to play as he took Hampus Lindholms cross-ice pass and ripped a wrister short side. Cogliano gave the Ducks an early lead after he deposited a rebound in front just 4:57 into the game. San Jose tied the game less than three minutes later as Pavelski redirected Joe Thorntons offering past Bryzgalov during a power play. Game Notes The Ducks last won in San Jose on March 19, 2012 ... Pavelski and Maroon each scored in a third straight game for their respective teams ... The Ducks suffered their first regulation loss when scoring first. They entered the game with a 23-0-5 record when doing so ... The Sharks improved to 3-1-1 on a seven-game homestand. Cheap NFL Jerseys Cheap NFL Jerseys China Cheap Jerseys From China Cheap NFL Jerseys Authentic Wholesale Jerseys China Cheap NFL Jerseys China NFL Cheap Jerseys ' ' ' 
[Reply] [Quote]

Connect With LANFest

Platinum Sponsors

Intel Corportation


Gold Sponsors

Gigabyte


 

Silver Sponsors