Feb 27, 2009 8:22 AM EST

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