updated: 6/6/2011 7:21:24 AM

Big Ten Deal Could Mean Big Bucks

InsideINdianaBusiness.com Report

The new championship deal between Indianapolis and the Big Ten Conference will pump millions of dollars into the city economy. The Indiana Sports Corporation estimates each championship football game will result in approximately $19 million in visitor spending. The city will host the title contest through 2015, with each game attracting around 67,000 fans at Lucas Oil Stadium.

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Indianapolis will also host the conference's men's and women's basketball tournaments in 2014 and 2016. The Sports Corporation believes those events should pump around $14.5 million annually into the city economy. It says the men's tournament had more than 86,000 fans over the five sessions this year.

June 5, 2011

News Release

The Big Ten Conference announced Sunday afternoon that Indianapolis will host the 2012-15 Big Ten Football Championship Games and the 2014 and 2016 Big Ten Men's and Women's Basketball Tournaments. Indianapolis had previously been awarded the 2011 Football Championship Game (December 3 at Lucas Oil Stadium) and the 2012 Big Ten Men's and Women's Basketball Tournaments (at Conseco Fieldhouse).

"This is a great win for us today," said Susan Williams, Indiana Sports Corp president. "These events will bring hundreds of thousands of visitors to our city over the next few years. Our city will repeatedly be on display to a national television audience, and these events create wonderful experiences for citizens of Indiana and the youth of our region.

"Indiana Sports Corp is proud to have led this bid effort, which also included the State of Indiana, City of Indianapolis, Pacers Sports & Entertainment, the Indianapolis Colts, the ICVA, and USA Football. Each of these entities continues to be a great partner."

Indiana Sports Corp will continue to pursue events that will bring visitors to Central Indiana, national and international exposure, and opportunities for youth, as it has for the past 30-plus years. Its upcoming schedule includes the Big Ten Basketball Tournaments, the inaugural Big Ten Football Championship Game, the 2012 Super Bowl, the 2015 NCAA Men's Final Four, the 2016 NCAA Women's Final Four, and much more. Check out our upcoming schedule of events.

Source: Indiana Sports Corp.

Statement from Indianapolis Mayor Greg Ballard

"Indianapolis has a rich history of hosting Big Ten championships, and we are proud to continue that tradition. Our city hosts the greatest sporting events in the world, and we look forward to welcoming tens of thousands of visitors to Indianapolis for these marquee championships over the next five years. We put in a strong bid thanks to our terrific partners, including Susan Williams and Michael Browning of Indiana Sports Corp.

Source: City of Indianapolis

Statement From The Big Ten Conference

Park Ridge, Ill. - The Big Ten Conference announced today that the Council of Presidents/Chancellors approved a recommendation from university administrators for the cities of Chicago, Hoffman Estates and Indianapolis to rotate as the host sites for the Big Ten Football Championship Games and Men's and Women's Basketball Tournaments for a four-year period beginning with the 2012-13 academic year.

The inaugural Big Ten Football Championship Game will be held at Lucas Oil Stadium in Indianapolis in December, and that facility will also host the title game in 2012, 2013, 2014 and 2015. The 2011 Big Ten Football Championship Game will be played in prime time on December 3, 2011, with the winner earning the Big Ten Championship and a chance to play in the Rose Bowl Game or Bowl Championship Series National Championship Game.

The Big Ten Men's and Women's Basketball Tournaments have been held jointly in Indianapolis and Conseco Fieldhouse for the last four years and will be back in the Circle City in 2012, 2014 and 2016. The 2013 and 2015 Big Ten Men's Basketball Tournaments will return to Chicago and the United Center, which hosted the inaugural men's tournament in 1998 and on seven total occasions, most recently in 2007. The Big Ten Women's Basketball Tournament will be held in suburban Chicago for the first time when the Sears Centre Arena in Hoffman Estates, Ill., hosts the event in 2013 and 2015.

The Big Ten Men's Basketball Tournament has been held in only two cities in its first 14 years of existence, including the first four years in Chicago from 1998-2001. Indianapolis first hosted the event in 2002 and the cities rotated as the home of the men's tournament, with the Windy City hosting the event in 2003, 2005 and 2007 and the Circle City holding the tournaments in 2004 and 2006. The 2008 tournament marked the first of a five-year commitment to host both the men's and women's events in Indianapolis through 2012. Indianapolis has been the home of the Big Ten Women's Basketball Tournament in 16 of the event's 17 years, including the last 10 events at Conseco Fieldhouse.

Source: Big Ten Conference

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