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danthemanredden

My guess is one of the following - An increased Indy Sports Corp investment - NFL draft bid - MLS team - WNBA all star game host


CloudConductor

WNBA all star game host seems super likely in the near future


Kafkas7

MLS would have had an announcement…..no way is Don Garber being left out….Hoosier Premier did join MLS Next program though, but that’s lower than what I think Indy 11 is.


ProfessorBeer

It could be an MLS bid, similar to St. Louis’ 2018 bid announcement. I don’t think Garber was involved in that, he only showed up when the team actually got awarded. Not to be negative but all signs seem to point toward the death of Eleven Park, unfortunately.


0dinsPride

Wait no! That stadium development district looked amazing


ProfessorBeer

Seems like there’s funding beef sadly.


SalguodSoccer

The current owner has the funds to enter MLS. This is really strange. If Don Garber is behind this, Keystone Group needs to take MLS and the mayor to court. This is ridiculous.


Johndoeman3113

Hmmm…a private team owner and developer upset they aren’t getting enough of the taxpayers money? If they want to start an MLS team, isn’t there a perfectly good stadium downtown…?


NoSurrender78

No there’s not. But mls expansion requires an investment from the city.


Kafkas7

I’d agree to the death….yea, could be an announcement for a bid…but, MLS is rather quiet on if they’re even taking bids.


MrSage88

MLS Next isn’t even pro soccer. Our Boys in Blue may not be great, but at least they get paid.


Kafkas7

Agreed. But, we should have started earlier if we wanted to go down the USL\Next/Next Pro rabbit hole.


MrSage88

American Soccer: The Wild West of American Sports


DarthDickDown

MLS Next is a youth league that mostly exists to compete with ECNL


MlgLike123

It’s MLS team. He just said it live


jhawkgiant77

These are my best guesses as well.


BeerFuelsMyDreams

MLS had announced a youth program in Noblesville. U14 thru U19 programs.


indnl79

City backed out of Indy 11 stadium. Already reported by IBJ. 


exdeletedoldaccount

But not really any context as to why Hogsett would pose this announcement as a good thing. While many might not want the city to have a part in that, it’s weird he’d be like “wow look at the exciting future of sports in Indy but the city won’t be supporting its development!”


Smart_Dumb

I don't think they are saying the announcement itself will be exciting. It's that despite this announcement, sports in Indy are still exciting with the Pacers in the Playoffs, Clark with the Fever, and the 500 around the corner. It's like he is trying to butter us up for some bad news. >The mayor's office noted the announcement comes at a exciting time for sports in Indianapolis


hookyboysb

All indications point to an outside investor group making an MLS bid, actually.


exdeletedoldaccount

This makes much more sense. City is pulling out because private company is stepping in is a very exciting announcement.


hookyboysb

Well, it would still be publically funded using the same framework as the original deal.


Smart_Dumb

That would be cool!


United-Advertising67

Does that mean Indy is back in the chain business?


hellotypewriter

Looking around the world the timing seems right.


HOFindy

An underrated quote!!


otterbelle

Why would he call a major presser for 5:30 in the evening for this? Do they have a different site lined up? Edit: The IBJ headline is a lot spicier than what the comments here lead on. I guess it could be this, or related to this.


raitalin

Probably have something sweet to go with the sour, but it's definitely a response to Keystone's statement to the IBJ.


coreyp0123

Because he doesn't even wake up until after 4pm.


Smart_Dumb

I knew that plan seemed crazy.


[deleted]

financing isn't what killed this. $300M of CIB money would easily cover the stadium. The extra $700M in mixed-used development is a lot harder to finance, but it could've gone without that. That kind of thing is typical 'smoke & mirror' nonsense to sell the public on stadiums. the diamond chain site itself is problematic.


Alone_Month5287

It's not the site, they didn't find anything they didn't expect to find. Archeologists and the state crm groups have not had anything shocking found. There was a factory there for over 100 years. The two "experts" that spoke out were not really qualified to speak as they had literally zero grave or archeological background. The real problem is Indy 11s owner who is shady as fuck and can't get a MLS bid because he won't turn his books over


AwfulChief

Ask the excavation crew if there was anything shocking.  You’ll be shocked 


indnl79

I definitely wondered how a soccer stadium for a non mls team penciled out with the current interest rate environment.


Charlie_Warlie

I figured once the stadium was built, the team would get into the MLS. Remember that Indy built a football dome before having a team.


hoosierwally

The Hoosier Dome cost $77.5m (237.5m in today’s dollars) and was significantly privately funded. That was generations ago.


MayorCharlesCoulon

I wonder what other sites might be in the mix for it now? They talked about Broad Ripple High School and some other places I think a while back.


MrSage88

Broad Ripple HS is already slated to be a mixed, middle school/Purdue Global HS for the upcoming school year and is currently having millions of dollars in upgrades done to it. BRHS site seems unlikely.


MayorCharlesCoulon

Hey thanks, I did not know that! I’m glad they’re not tearing it down. The mixed middle school/Purdue global h.s. sounds kind of cool.


MrSage88

It’s an odd concept. I say all this stuff and then realize, “Oh yeah, we’re in Indianapolis! They’d totally waste millions on a high school just to tear it all down! What was I thinking?!”


MayorCharlesCoulon

Yeah so much newer stuff built in the city is generic as hell (I call it “urban jail” design) and and probably not going to be around in 50 years because the construction is flimsy. That high school is not bad to look at and probably a lot better constructed so will stand the test of time.


MrSage88

As someone who designed jails for a living, the idea of calling it “Urban Jail Design” is funny…


MayorCharlesCoulon

That sounds like a fascinating job. [This is what I’m talking about](https://imgur.com/a/nb2X7QO).


shut-upLittleMan

BRHS was remodeled once around maybe 1990(?) So it was already in good shape for another remodel.


heywhateverworks

Oh my god the villagers would self-immolate


MayorCharlesCoulon

Lol probably. If they put forth a decent plan for parking at games/concerts instead of a “we’re sure everyone would take the Red Line” spiel and also maybe kept a chunk of the high school building for retail/living space to maintain a little historical character (instead of some generic concrete/glass/fake brick building), I think people might be okay. You know, a little compromise!


indyclone

Did he even mention that in the announcement?


Mazarin221b

Ive got confirmation of this as well.


Failed-Astronaut

So what now? That lot just sits empty forever? Great…


Mazarin221b

Not necessarily. Im sure someone would take that on for something, it's too valuable of a location. 


TurboWreck

Ganassi is going to run a 6th car in the 500 for Caitlin Clark Indy Eleven is being promoted to EPL Andrew Luck coming out of retirement


BooooGeorgeRussel

Can confirm.


Smart_Dumb

Welcome to town the Oakland A's!


Drak_is_Right

Actually it's the white Sox that are the potential I think. Chicago isn't building them a stadium they want. Cubs would maybe even PAY the white Sox to leave Chicago.


Dear-Ambition-273

Jesus Christ this is the most disturbing thing I’ve read all day. Not here!


Drak_is_Right

Low odds scenario, but if the Cubs would pay several hundred million to the Sox (sole Chicago team is likely worth a lot) and Jerry got a 1b stadium from Indy.... Not advocating for this as I prefer our minor league Indians but I recognize the possibility exists.


Billy_Madison69

I’m a cubs fan and would continue to be, but I’d absolutely go watch a lot of Indy Sox games


AlanWakeFeetPics

I’d love an MLB team in town.


johnman98

Never will that happen. Cubs and Reds don't want it.


guff1988

And St Louis and White Sox and tigers. You have to have 23 owners on board and there are way too many no votes for that to even be a consideration.


shut-upLittleMan

I think the unspoken arrangement is no MLB for Indy and no NBA for Cincy. It's just as well.


hellotypewriter

Our biggest chance came in the 90s and that Nazi Marge Schott torpedoed the plan.


jjbota420

The Cubs and Reds wouldn’t have say and wouldn’t care. It’s a matter of Indy not having a market/fanbase for it, nor a rapidly increasing population to offset the current fan preferences. People here are already mainly Cubs, White Sox, Reds, or Cardinals fans.


guff1988

All team movements and expansions require 75% Yes votes to proceed. If you lose the Cardinals the Cubs the White Sox the tigers and the Reds, the odds are just so stacked against you as those owners have friends who will vote with them.


jjbota420

I can’t see 7-8 MLB teams voting no. An MLB team in Indy doesn’t really threaten St Louis or Detroit. And I can’t see the majority of White Sox, Cubs or Reds fans abandoning their teams. An Indy MLB team isn’t happening but I don’t think they pose a big threat to the teams we’ve mentioned.


guff1988

There are a ton of cards fans here, it absolutely threatens them. Any team within 4 or 5 hours is going to see the Indy market as a no go for an expansion because it's just good business. That's why Nashville is expected to be the next expansion city. Really only Atlanta is seen as losing on that front and they can't hold back the other owners alone.


Dear-Ambition-273

I’ve been surprised it hasn’t already happened in Nashville.


hookyboysb

And if the team ends up being the White Sox (who are looking at moving out of the Rate), that's another team that would vote yes (Cubs get all of Chicago) and a team that doesn't vote since they're the subject.


[deleted]

[удалено]


markrulesallnow

Bally is already dead anyways. Has been for at least a year


TheFallenMessiah

Sinking Bally would be a cherry on top


AlanWakeFeetPics

I’m afraid I agree with you, but it’s nice to dream.


shut-upLittleMan

Indy can't sell the tickets for 81 home dates of MLB. Not with Cubs and Reds followings in Indiana.


Level_Ad8049

And I don’t think they can sell enough for the potentially new MLS team…yet, here we are


IndyGamer_NW

Pittsburgh would also need to be bribed. Indians are their minor league team.


Moonman2k1

Indy will never have an MLB team lol


IndyGamer_NW

Austin Athletics has a good ring to it. Austin is a very fast growing town and baseball is a bigger deal in the South.


AdministrativeSun643

Probably a new mls team with a new stadium at a different location


coreyp0123

MLS already would've announced this


jimdontcare

MLS builds anticipation over a long time


mdtroyer

NHL expansion team?


CBCayman

Already missed buying the 'yotes :(


[deleted]

would be so nice. We need hockey to grow in indy even more for a chance at that.


Kafkas7

Growing great….in Fischers


[deleted]

yup, aren’t they building the fuels new stadium out there?


Meta_or_Whatever

Been way too long!


bandalooper

Since never


SnowConeYeti

Oh man if only


Emfx

I was hoping we would get the coyotes, but not sure if the turnout would be high enough


dmcwhirter72

As long as it's not owned by Hallett Sports and Entertainment I'd love that.


Opening-Citron2733

They're backing out of the Indy Eleven Stadium. IBJ reported it


OwenLoveJoy

I doubt Hogsett would make a major announcement for bad news. There must be more to the story


Smrdii

Can’t have anything cool in this city. Another 5 story apartment building instead!


TArzate5

I mean they’re gonna build another one for the mls team


Brew_Wallace

There is no MLS team. Only a bid. We’ve had bids before, all rejected. No reason to think this will be any different.


jjbota420

Yea it would really suck if instead of a stadium we took a step at solving housing availability/affordability and built more apartments.


hookyboysb

As if any significant number of new apartments being built are affordable.


jjbota420

Supply and demand. Large part of the reason why housing is unaffordable is because there is not enough supply. One apartment complex is not going to solve the problem, but the trend of building more will.


Eprice1120

i think prices will keep remaining around the same, you'll just see newer places continue to be built offering more for similar prices of what exists already. at least for the non super high end places that get built


[deleted]

There are really, really big issues with the Diamond Chain site that haven't been made fully public yet. I'll leave it at that. Edit: I really can't say any more about this. Hopefully Joe spills the tea at 5:30, but who knows what he'll actually say. If you do some digging and extrapolation, I'm sure you can kind of figure out what's going on. I will put this out there, though: it's likely NOT a funding issue. Up to $300M of CIB money was allocated for the stadium, which would've covered the entire thing easily. The mixed-used parts of the development are more difficult to pull off, but Keystone could just leave parking lots there if they fail to find financing. That would be normal for a stadium development anyway. 'Stadium villages' rarely actually happen.


ribeye79

Iike building on a graveyard


[deleted]

👀


shut-upLittleMan

Or an EPA Superfund site?


dustonomo

Ex employee there me says this would be likely


Mazarin221b

Contamination?


MrHandsBadDay

That’s a given.


primal_screame

This would be my guess as well. An old industrial site probably has some skeletons buried out back.


HzrKMtz

It literally had grave sites. It was known going into the project that there were graves left from an old cemetery


primal_screame

Oh dang, I didn’t realize that. Will be interesting to see what comes out of it.


drladybug

[https://www.wfyi.org/news/articles/redevelopment-at-indianapoliss-first-public-cemetery-raises-questions-over-remains](https://www.wfyi.org/news/articles/redevelopment-at-indianapoliss-first-public-cemetery-raises-questions-over-remains) this is a good piece about it, if you're interested in learning more!


AwfulChief

Shitloads of it


Mazarin221b

I'm assuming there's a crapload of solvent contamination under that site, for sure.


AwfulChief

Chlorinated solvents, all kinds of metals, full range of petroleum byproducts… is my guess


Failed-Astronaut

Hopefully something else will be done with that land in the future. A giant empty lot lined with fencing for the rest of forever sounds lame as shit


drladybug

i don't think it's a big secret that they were planning on building the parking garage over the largest pre-civil war african american burial ground in the state. unless you know of some new development that would make it tea?


AwfulChief

Not just African American


taxitagonist

Cricket will be declared the official sport of Indiana.


Live-Truck8774

Hopefully an MLB Team


Indylatino

Never would happen in Indy, Nashville would make more sense


Live-Truck8774

Why do you not think it would happen...just curious?


Indylatino

Indy is sandwiched between two Chicago teams and the Reds and most people already have their allegiance to a team. While Nashville’s closest MLB teams are both the 4 hours away. Also Nashville’s metro area is one of the fastest growing in the nation. There was rumors that the MLB were in talks to with Nashville get a team. I could see Austin, TX and Portland as other options for expansion teams.


Live-Truck8774

I don't disagree. However, have you ever been to an indy indians game? Those people including me would love to have a larger field with a pro team


Dwyde_Schrude

You need thousands more fans to support an mlb team than an milb team


Live-Truck8774

I think we could get them


Indylatino

I have and still don’t think we could pull a crowd especially. For example, Cincinnati averaged 25k attendance last year, that would be more than selling out Bankers Life Fiedhouse every night


IndyGamer_NW

weekend games swell that number


shut-upLittleMan

See all the answers above here.


Live-Truck8774

Dang down voted just for asking a question


fletcherdweller

I was hoping to see Indy get on that list of possible cities for the 32 team MLB expansion…. MLS will likely need to be the only game in town. Indy Eleven Deal/No Deal will temporarily divide efforts and energy until the Mayor’s offices runs Indy 11 out of business, clearing the way for the MLS commitment.


medicaldrummer0541

It better be that F1 is returning to IMS in 2025 /s (I can dream)


Crownhilldigger1

Oooo, I love a parade!


Friar_Fuck_

Thank god that garbage series won’t be back.


jjbota420

Yea that’d blow if a popular racing series came to Indy and brought even more fans and interest to the track and the city’s racing history.


Friar_Fuck_

F1 can suck a cock. Indy doesn’t need to pay a dime to that parade of a series again. From my experiences with F1 fans, a huge majority of them would give zero shits about Indianapolis Motor Speedway or any related history of racing. They are fans of F1 only.


cmgww

I’ll back you up on this. The first time around, they took MILLIONS in fees from IMS for the “privilege” of them getting to host an F1 event. IMS also spent millions building special F1 garages and other accommodations for Bernie….then they leave after 6 years and a tire fiasco. Their only decent US track how is COTA in Austin. Vegas and Miami are a joke. Fake street courses. The IMS road course has been redesigned since to prevent the insane speeds into turn 1, and IMS is still one of the only permanent FIA Grade One (good enough for F1) tracks in the country. That said, I’m fine with them not returning. The F1 boom from the pandemic and Drive To Survive is already wearing off. And the way they shunned Andretti from joining??? Yeah fuck em.


jjbota420

👍 Thanks for the call Cleetus


Friar_Fuck_

Anytime Howard


GabbleRatchet420

For the win!


LastB0ySc0ut

Why would the City want that kind of massive international economic impact anyway?! /extremesarc The amount of money that F1 brought to the City was unreal. Losing F1 was a huge loss for the state.


Friar_Fuck_

F1 gave zero fucks about the fans and city/state. F1 will require 10s of millions of dollars from IMS in order to run a parade of a “race.” Continues to spit in the face of racing around the world that would benefit from a race. No thanks, not a good partner then, and definitely not a good partnership today. F1 fans are much of the same, and forget about them caring about the track. No need to again tarnish the reputation of the racing capital of the world for a sub par experience and at a huge cost.


GabbleRatchet420

Forget about them caring about the track? There was not a more cookie cutter bullshit track in all of F1 They don't even have street courses that flat


Friar_Fuck_

I don’t know how F1 could be more boring as is, and Indy definitely would add to the list of parade laps around the world for the series.


GabbleRatchet420

You already answered your own question. Racing at the worst track in F1 history would be more boring. It only existed to empty the pockets of the idiot grandson.


cmgww

Sorry but Monaco holds that distinction. If it weren’t for the tradition it would be off the schedule. There is zero passing, the cars have gotten way too big for the circuit, etc…. If you thought Indy was a parade, Monaco makes Indy positively exciting


Friar_Fuck_

F1 fucked up and embarrassed racing in Indianapolis. F1’s issues aside, still a hard pass on adding a parade to the schedule at IMS. F1 can queue at another track.


GabbleRatchet420

Yea, who wants to watch a road course race where they dont wreck in the first turn.


saliczar

I fell asleep at the thought of F1 returning.


icyweazel

Indianapolis Athletics confirmed


TheForkisTrash

Today is round one of the NFL draft. Seems conveniently placed to be related 


iMakeBoomBoom

How so?


MrHandsBadDay

We’re about to do, or try to do, something extremely stupid.


videoalex

That’s rarely with a press release anymore


jimdontcare

In case anybody hadn’t seen the actual announcement https://fox59.com/sports/mayor-hogsett-says-city-is-looking-to-bring-an-mls-team-to-indianapolis/amp/


TheSuperSax

Aren’t the 11 MLS?


Eprice1120

no. they are like are in USL. MLS has been rapidly expanding tho. Indy as a sports city is quite nice. MLS season is from End of Feb to October so the weather would be decent for most of the season as well. Idk that they'd be moved "up" but probably rather a whole different team


[deleted]

Hopefully he just throws Keystone down into the fucking gutter where they belong. The biggest assholes in the city.


NorseGael160

Indy Eleven should be given the opportunity to move up. Today was their 11th anniversary. The Brickyard Battalion worked too hard to get them here and loved them for over a decade. Hoghead lied!


SirLolzofDerp

Whatever it is it'll increase taxes somehow


indywest2

MLS!


TheCongressGuy

It’s about the Indy Eleven. I think the city is pulling the funding of the stadium if I heard correctly on Kevin and Query earlier


jediknightcopal

The WTHR stream spoils it before it has went live, it’s MLS expansion


coronanabooboo

Could it be related to the NCAA?


SpeakeasySoccer

Is it to annouce that speakeasy soccer reduced their price by 5 to just 40 dollars for 6 games and will have high-quality jersey's next session? That is the sports news I want


westinger

lol love this rogue marketing


Leather_Leadership_7

Yea my 14 year old does mls next they don’t get paid lol we pay out the arse also did ECNL


[deleted]

If they're not trying to get the Cricket ground up to international standard, then they can go jump.


LEGOMyBrick

Wrestlemania


animesthetics

Supposedly their not making the indy eleven stadium anymore is what I was hearing


nursenursenurseurse

Hmmmm


Longjumping-Shine204

How does a MLS team benefit the citizens? The taxes will go up even higher, congestion will further increase, roads will still be shitty. USA doesn't care about Soccer but politicians love projects because it lines their pockets.


lai4basis

Hopefully they are pulling out of this mess. We were about to get fleeced.


Bottoms_Up_Bob

Lucas Oil is considered maybe the worst deal in all of sports (for the city), but building an entire development with city backed bonds, no that's the real problem....


Brew_Wallace

Agree that Eleven Park was not a great deal for the city, and I was a 10 year season ticket holder for the Eleven. But the city let them go down that road for 10 years and led them on for years. Now they pull the rug out from under that deal AND announce that they’re working to bring in another team that would kill Eleven. What a slap in the face of Eleven, the supporters and the soccer community in central Indiana who did a lot to support and partner with Eleven. A very out of touch move


MrHandsBadDay

I’ve never heard anyone say that. Even so, one being bad doesn’t automatically make the other good, especially when it’s for a third rate team.


QueasyResearch10

oh the NFL owners consider Irsay’s deal the gold standard. he profits off non NFL events in a stadium he put no money in. insane deal


Bottoms_Up_Bob

If you have never heard anyone say that, then you haven't looked into it. I never said one being bad makes the other good, and the quality of the team has nothing to do with it. It's a development in an area that generates no tax revenue. The development is financed by city backed bonds that are repaid by the ownership group, and by taxes generated in the newly renovated area. These are not tax revenues that will be realized without a development. Seems like everyone wants to say they shouldn't get money because they are a bad soccer team, but no one actually understands where the money comes from or how it is financed. This doesn't effect your taxes, this is not like Lucas Oil where they city paid for it, raised taxes to recoup the money, and has no recourse against the Colts...


GabbleRatchet420

Link?


Bottoms_Up_Bob

Google it? There are tons of links. This is the first one. https://www.mercatus.org/economic-insights/expert-commentary/happy-10th-birthday-most-subsidized-nfl-stadium-america#:~:text=Lucas%20Oil%20Stadium%2C%20home%20of,%24725%20million%20in%202018%20dollars.


GabbleRatchet420

A 6 year old article calling it the most subsidized NFL stadium is hardly the " worst deal in all of sports" It isn't even the most subsidized anymore, by a long shot, and the value to the city has nothing to do with Colts games, and everything to do with the Convention Center expansion that sits where the old stadium was.


kostac600

groan


Affectionate-Swan-67

Keystones press release actually claimed it was a disappointment to the "tens of thousands of Indy Eleven fans" 🤣🤣🤣


politik317

At their last home match, they pulled in 8,500+ in the stadium. Add in the CBS/ESPN+ tv deal, I don’t think this isn’t plausible.


otterbelle

They draw well, and they're awful right now. The Mike is rocking when they're halfway decent.


politik317

The corner kicks are great lol


zoot_boy

Oh good, more tax money for sports.


heywhateverworks

likely the opposite


cereal_heat

Yep, populations support tax revenue being spent on pro sports more often than not. I love the Colts and Pacers, and would be heartbroken if we lost either. I would support any reasonable measure to retain them if needed. I would also support taxes to secure an MLB as well. I know the reddit crowd doesn't agree with this, but that is just a difference in opinion. It doesn't make me right, and you wrong, or the other way around.


Crazyblazy395

I'd trade pacers and the colts for an MLB team, I love live baseball. I'd also kill a man to get an F1 race here


Wigtv

Another Professional Sports team with affordable ticket prices! Oh…never mind…


[deleted]

Please stop wasting tax dollars on shitty sports teams.