Pacers owner Herb Simon agrees to sell larger equity stake in franchise to Steven Rales
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Herb and his late brother, Mel, purchased the team for $11 million in 1983. Pending league approval, Steven Rales will own 20% of Pacers Sports & Entertainment.
Pacers owner Herb Simon agrees to sell larger equity stake in franchise to Steven Rales
Pacers owner Herb Simon agrees to sell larger…
Pacers owner Herb Simon agrees to sell larger equity stake in franchise to Steven Rales
Herb and his late brother, Mel, purchased the team for $11 million in 1983. Pending league approval, Steven Rales will own 20% of Pacers Sports & Entertainment.