The Pacers claim that they aren't one of 12 teams interested in borrowing money from the NBA.
The NBA has set up $200 million to distribute to interested teams, meaning that between $13 million and $20 million will be available to each of the dozen teams involved.
"We are not involved in it at all," Pacers co-owner Herb Simon said. "It has nothing to do with us."
Forbes magazine reported the Pacers lost $6 million last year, though Simon has said it was much more.
Via Indianapolis Star
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The Pacers coughed up a very winnable game in the final seconds against the Knicks on Monday night, and there are varying opinions as to who's at fault.
With the game tied 119-119, center Jeff Foster called a timeout after failing to get the ball in bounds. He had the same issue on the team's second attempt, but he didn't call a timeout and Nate Robinson intercepted a pass which appeared to be intended for Jarrett Jack that led to the game-winning layup.
"We ran a back screen for Jarrett, he didn't cut and Jeff didn't call a timeout," O'Brien said.
Jack disagreed.
"Maybe I should have saw (the back cut), but he didn't draw it up going to the rim," Jack said. ". . . We had trouble getting open. Jeff thought somebody was going one way, he threw it up there. They were able to get a steal and convert a layup."
O'Brien's postgame interview lasted just seconds after the 123-119 loss.
"We played with a lot of guts, missing three starters," O'Brien said as his second and final answer. "I thought we played well enough on the road. We just didn't pull it out at the end."
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Feb 24, 2009 10:27 AM EST
Pacers forward Mike Dunleavy will likely miss the remainder of the regular season with an ongoing knee problem.
"I think he's done for the year," coach Jim O'Brien said. "That's where I think he is. Whether he thinks he is or somebody else does, I'm proceeding as if he's going to be done for the rest of the year."
Dunleavy, who has only played in 18 games this season, hasn't appeared on the court in two weeks.
"He's looking at all his options," O'Brien said. "It's disappointing for him, and also something that's difficult for the franchise to deal with because he makes a lot of money, deservedly so, but you're operating on a situation where if you don't have somebody like that, that you're operating on less of a budget. That's a difficult situation."
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Pacers Feb 2009 Archive
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Indianapolis Star | Feb 23, 2009
Pacers forward Mike Dunleavy says that he should have a better indication of how to treat his injured right knee by the end of the week.
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Indianapolis Star | Feb 21, 2009
The Pacers fielded, and made, several calls prior to Thursday's trade deadline, but simply didn't find a deal they felt was worth making official.
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Indianapolis Star | Feb 21, 2009
Pacers center Jeff Foster, who admitted that he gets nervous around this time of year, was happy to see the trade deadline pass on Thursday.
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Press Release | Feb 20, 2009
The Indiana Pacers announced Friday that guard Mike Dunleavy will be out indefinitely.
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Press Release | Feb 19, 2009
The Indiana Pacers announced Thursday that forward Danny Granger will be out 10 days to three weeks with a partial tendon tear in the sole of his right foot.
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Sports Illustrated | Feb 19, 2009
After being traded to Oklahoma City only to have the deal rescinded, the Indiana Pacers are now interested in Tyson Chandler.
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Sports Illustrated | Feb 19, 2009
The Nuggets are reportedly shopping their first round pick they received from Charlotte last June for to the Pacers, Knicks and Bulls.
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Indianapolis Star | Feb 19, 2009
The Nuggets and Bobcats are interested in Jeff Foster, but the Pacers have reportedly turned down offers for the center.
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Miami Herald | Feb 17, 2009
There has been speculation that the Heat is interested in Jamaal Tinsley, but the team reportedly will only make a play if the Pacers buyout the point guard's contract.
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Indianapolis Star | Feb 15, 2009
Pacers forward Danny Granger competed in his first 3-point contest on Saturday, but he only scored 13 points and didn't advance past the first round.
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Indianapolis Star | Feb 15, 2009
Pacers forward Danny Granger will make his first All-Star appearance on Sunday night, but he was very close to never even playing competitive college basketball.
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Indianapolis Star | Feb 15, 2009
NBA commissioner David Stern is confident that the Pacers will remain in Indianapolis, but he stopped short of saying that he is certain they will.
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MSNBC | Feb 12, 2009
The Indiana Pacers have lost a staggering amount of money, according to a team executive.
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Indianapolis Star | Feb 12, 2009
Head trainer Josh Corbeil is expected to go to Mexico on the break with Mike Dunleavy, Jr. so the swingman can get treatment on his right knee.
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Indianapolis Star | Feb 11, 2009
An ESPN report has linked the Pacers to the Bobcats in a trade centered around Jamaal Tinsley and Raymond Felton, but also including rookie Brandon Rush and Jeff Foster.
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RealGM Staff Report | Feb 11, 2009
The NBA inched closer to the All-Star Break on Tuesday night with an interesting slate of games. There was a controversial finish in Indiana, huge comebacks in Minnesota and Chicago, and a shootout between the Knicks and Warriors in Oakland.
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Pacers.com | Feb 10, 2009
Indiana coach Jim O'Brien told Pacers.com on Tuesday that he hadn't heard anything about a potential trade that would send Jamaal Tinsley to Charlotte.
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NBA.com | Feb 10, 2009
Cleveland coach Mike Brown ripped into the officials after a controversial 96-95 loss to Indiana on Tuesday night.
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Press Release | Feb 10, 2009
Pacers president Larry Bird issued a statement regarding the grievance filed by point guard Jamaal Tinsley on Tuesday afternoon.
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ESPN | Feb 10, 2009
The Pacers and Bobcats are reportedly discussing a trade involving point guards Jamaal Tinsley and Raymond Felton.
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ESPN | Feb 9, 2009
Indiana forward Danny Granger has been dealing with a sore right knee lately, but has vowed that he'll play in Sunday's All-Star Game regardless.
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Yahoo! | Feb 8, 2009
Pacers forward Mike Dunleavy injured his right knee in the first quarter of Sunday's game against the Wizards.
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Boston Globe | Feb 8, 2009
Lakers guard Derek Fisher, president of the NBA Players Association, touched on the unique situations of jettisoned guards Stephon Marbury and Jamaal Tinsley recently.
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SLAM! Sports | Feb 7, 2009
The Pacers believe that they have turned a corner after a few disappointing seasons because of Danny Granger's play and a slight increase in attendance.
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Indianapolis Star | Feb 7, 2009
The Magic don't have any interest in point guard Jamaal Tinsley, who the Pacers have been trying to trade since training camp.
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Indianapolis Star | Feb 6, 2009
Pacers forward Danny Granger has been played with a sore right knee as of late, but doesn't feel as though there is time for him to rest the appendage.
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Press Release | Feb 4, 2009
Jason Kapono, Danny Granger, Rashard Lewis, Mike Bibby, Roger Mason Jr. and Daequan Cook will compete in the three-point shootout during All-Star weekend in Phoenix.
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Indianapolis Star | Feb 3, 2009
Pacers' All-Star forward Danny Granger is unlikely to sit out the few games required to rest his injured right knee.
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ESPN | Feb 3, 2009
The NBA Players Association will reportedly file a grievance against the Pacers on behalf of banished point guard Jamaal Tinsley.