(Conseco, as locals know, was the firm run nearly into the ground by high-flying
Actually, the Pacers ownership is making regretful, oh-gee-sure-hope-we-don't-have-to noises, which is especially pitiful coming from multi-billionaire mall moguls. Y'know, I sure hope the City Gummint understands they didn't earn all that money by being actually wistful, but I doubt they do; unwilling to play real poker (for keepsies an' ever'thing), worried by surveys (that don't take into account the effect of higher taxes to support the [losing] team, or dropping such taxes if only they'd leave), the City will probably give in.
When is a basketball team like a mugger? When they're extracting money by means of threats. The differnce is, sports franchises do it in broad daylight, in public, where the victim could tell 'em No without having to draw on 'em-- and ought to. Just sayin'.