INDIANAPOLIS -- The Pacers confirmed Thursday evening the sale of a 15% stake in the franchise to billionaire DePauw graduate Steven Rales -- giving him 20% ownership -- but said very little about why ...

Indiana Pacers majority owner Herb Simon thanks the fans who helped carry the team to the NBA Finals. "To the best fans in basketball — thank you. The way you showed up for our Pacers this season was ...

INDIANAPOLIS — Indiana Pacers owner Herb Simon is headed into the Naismith Basketball Hall Of Fame this weekend. He's been the owner of the Pacers and Indiana Fever franchises for over four decades.

Pacers owner Herb Simon, “a reluctant receiver of attention,” is on a Hall of Fame and NBA Finals roll. Around this town and franchise, “Everyone’s thrilled for Herbie.” In recent months Simon was ...

Herb Simon, chairman and owner of Pacers Sports & Entertainment, was officially enshrined into the Naismith Memorial Basketball Hall of Fame on Sunday night in Springfield, Massachusetts. Simon, the ...

Herb Simon has certainly told the story of how he and his late brother Melvin came to own the Indiana Pacers dozens, if not hundreds of times. But when he told it again to a packed crowd of basketball ...

Simon Property Group has announced the retirement of its chairman emeritus, Herb Simon. In a Feb. 6 press release, the company said Simon's retirement was effective Feb. 4. "Mel and I started our real ...

Add Yahoo as a preferred source to see more of our stories on Google. Herbert Simon, longtime CEO of Simon Property Group, retired from his role as chairman emeritus of the company earlier this week.