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1. www.forbes.com › sites › evansideryBillionaire Steven Rales Buys 15% Ownership Stake In Indiana ...

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   Nov 30, 2023 · Steven Rales, a billionaire businessman and film director, has bought an additional ownership stake in the Indiana Pacers, per Sportico. Forbes’ evaluation on Rales shows a real-time net...

   • Author: Evan Sidery

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3. bleacherreport.com › articles › 10099355-stevenSteven Rales Buys Minority Share of Indiana Pacers; Simon ...

   bleacherreport.com › articles › 10099355-steven

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   Nov 30, 2023 · Indiana Pacers chairman and owner Herbert Simon announced on Thursday that Steven Rales is set to become a minority owner of 20 percent of the team pending league approval. The Rales family...

4. www.nytimes.com › athletic › 5103333/2023/11Steven Rales to become minority owner of Pacers

   www.nytimes.com › athletic › 5103333/2023/11

   Nov 30, 2023 · American businessman Steven Rales is expected to become the minority owner of the Indiana Pacers, chairman and owner of Pacers Sports and Entertainment Herbert Simon said in a statement...

5. www.sportico.com › business › team-salesSteven Rales Buys Second Chunk of NBA's Pacers at $3.47B ...

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   Nov 30, 2023 · Billionaire Steven Rales to Buy 15% of NBA’s Pacers at $3.47B Valuation. By. Kurt Badenhausen, Eben Novy-Williams. November 30, 2023 4:43pm. Rales previously owned 5% of the Pacers. This second transaction includes a possible path to future control of the of team.

6. www.msn.com › en-us › sportsSteven Rales purchases 15% of Indiana Pacers from Herbert ...

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   Story by Tony East. • 5mo. O n Thursday evening, Indiana Pacers chairman and owner Herbert Simon shared that he has agreed to a deal with Steven Rales that will make Rales a 20% minority...

7. www.wishtv.com › sports › indiana-pacersHerb Simon selling additional Pacers ownership stake to ...

   www.wishtv.com › sports › indiana-pacers

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   Nov 30, 2023 · INDIANAPOLIS (WISH) — Herb Simon, chairman and owner of Pacers Sports & Entertainment, announced Thursday night that he is selling a 15% stake of the Indiana Pacers to billionaire Steve...

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   Is Steven Rales a minority owner of the Indiana Pacers?

   • On Thursday evening, Indiana Pacers chairman and owner Herbert Simon shared that he has agreed to a deal with Steven Rales that will make Rales a 20% minority owner of the Pacers. Sportico reported that such an agreement existed earlier in the day.

   Steven Rales purchases 15% of Indiana Pacers from Herbert Simon, no…

   www.msn.com/en-us/sports/nba/steven-rales-purchases-15-of-indiana-pacers-from-herbert-simon-now-owns-20-of-the-team-pending-nba-approval/ar-AA1kRANq

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   Why did the Pacers sell to Steven Rales?

   • INDIANAPOLIS -- The Pacers confirmed Thursday evening the sale of a 15% stake in the franchise to billionaire DePauw graduate Steven Rales -- giving him 20% ownership -- but said very little about why the sale was made. IndyStar spoke to an expert on NBA values to try to address some of the questions the sale created. Are the Pacers moving?

   Why Herb Simon would sell 15% of the Pacers to Steven Rales

   www.indystar.com/story/sports/nba/pacers/2023/12/06/pacers-sale-why-herb-simon-sold-15-of-the-pacers-to-steven-rales/71802728007/

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   Who owns the Indiana Pacers?

   • Steven Rales, a billionaire businessman and film director, has bought an additional ownership stake in the Indiana Pacers, per Sportico. Forbes’ evaluation on Rales shows a real-time net worth of $7.5 billion. Rales, who already owned a 5% share in the franchise, purchased another 15% at a $3.47 billion evaluation.

   Billionaire Steven Rales Buys 15% Ownership Stake In Indiana Pacers

   www.forbes.com/sites/evansidery/2023/11/30/billionaire-steven-rales-buys-15-ownership-stake-in-indiana-pacers/

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   What if the Pacers were ever for sale?

   • If the Pacers are ever for sale, Rales would have an advantage over other bidders. Rales' net worth, per Forbes, is $7.5 billion. His Indiana connections are presumably appealing to Simon, who founded the Indianapolis-headquartered Simon Property Group more than 30 years ago.

   Steven Rales purchases 15% of Indiana Pacers from Herbert Simon, no…

   www.msn.com/en-us/sports/nba/steven-rales-purchases-15-of-indiana-pacers-from-herbert-simon-now-owns-20-of-the-team-pending-nba-approval/ar-AA1kRANq

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9. www.indystar.com › story › sportsWhy Herb Simon would sell 15% of the Pacers to Steven Rales

   www.indystar.com › story › sports

   Dec 6, 2023 · INDIANAPOLIS -- The Pacers confirmed Thursday evening the sale of a 15% stake in the franchise to billionaire DePauw graduate Steven Rales -- giving him 20% ownership -- but said very little...