Sunday, April 18, 2010

Ballard's Sell Out To Herb Simon

Editorial cartoonist Gary Varvel captures the best image of what Greg Ballard has done to us on the issue of paying a $15 million a year subsidy to billionaire Herb Simon. Ballard continues to demonstrate just how far he has lost his way in an interview with WTHR's Mary Milz. "If they leave, somebody has to run the building," Ballard told Milz. "The [Capital Improvement Board] has to run the building anyway, so it might be more frugal, since we know how to get, you know, we are very efficient in how we do business," Ballard said. Ballard is too stupid to understand that if the Pacers bail, the Simons will have to pay us a break up fee of about $150 million. Who gives a damn if the Pacers are no longer playing at Conseco Fieldhouse? We can pay off the debt on the building with that kind of money. We won't have to spend millions on a new scoreboard, Wi-Fi, floors, kitchens, etc. that the Simons are demanding we do. And we'll have another 40 nights a year to rent out the fieldhouse for other events.

6 comments:

Paul K. Ogden said...

Not only that, Gary, the Pacers can't just pick up and leave. The Simons have to be selling the team according to the contract for the termination provision to even apply.

Mayor Ballard talking about the CIB being efficient? Oh, brother.

Downtown Indy said...

I suppose Herb could 'sell' the team to the Simon children?

Southsider said...

Friday's newspaper top of page 1 in bold print..."City might take over Conseco", at the top of metro+state section (first page) "Residents make plea for libraries". City can't find 1.5 million $ to keep libraries open, but come hell or high water they will find the 15 million to operate Conseco.... go figure.

Marycatherine Barton said...

I salute you for your excellent response to Mayor Ballard, AI. I bet that Gary Varvel is just getting started with a series of cartoons lampooning Ballard, and Brizzi.

Lordy, lordy, Indianapolis, aren't we all a bit embarassed by all this graft and stupidity. In the meanwhile, how many people were murdered in our county, today?

Hoosier in the Heartland said...

Ballard rode in on a white horse...how long ago that seems!

Wes said...

If our distinguished mayor had a modicum of intelligence and political savvy (there's not a lot of evidence to indicate that at this point), he would pull Paul Okeson in a room and tell him not to speak to the press about this.

The Pacers haven't a leg to stand on and yet they are going to start winning the PR war eventually if the city keeps bungling this deal.