Pacers Continue Arena Talks As Deadline Looms

The Pacers are still renegotiating their lease of Conseco Fieldhouse as a Wednesday deadline approaches.

"Still talking, but no deal yet," Ann Lathrop, president of the Marion County Capital Improvement Board said.

The Capital Improvement Board owns Conseco Fieldhouse, where the Pacers have been paying $15 million per year in operating costs.

Lathrop was optimistic in May, but sticking points include the length of the lease, who runs the building and where non-Pacers revenue would go.

"Negotiations, contracts and deals at this level are clearly tough stuff," Lathrop said last week. "It never surfaces around just one deal point. There's multiple things that we have that we're working on."

The CIB has said the team could move, be sold or shut down if a resolution isn't reached.