PODCAST: Pacers ownership update — Steven Rales increases equity to 20%

Discussing the biggest Pacers story of the month: Owner Herb Simon electing to sell more equity to Steven Rales, a 72-year-old businessman with Indiana ties.

On this episode of the Fieldhouse Files podcast, a familiar name has taken on more equity in Pacers Sports & Entertainment. I’ll examine the major news that broke Thursday night.

Among the items discussed on this episode:

02:03: Steven Rales adding equity in the franchise (from 5 to 20%)

04:08: Steve Simon and more on the family’s public involvement recently

07:06: Statement from Herb Simon

11:08: What’s the value in being a minority owner and who is Steven Rales?

14:42: Recent investments made to and around Gainbridge Fieldhouse

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