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CIB Approves 2013 Budget For Bankers Life Fieldhouse

The Capital Improvement Board unanimously approved a 213 budget on Monday that includes no payment to the Indiana Pacers to offset operating costs at Bankers Life Fieldhouse.  The CIB, which oversees Indianapolis' sports and convention facilities, is in early negotiations with the Pacers for a new agreement to replace a deal that paid the team $10-million a year.  The current three-year, $30-million deal to help the team pay for running the fieldhouse expires next June.

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