Pacers co-owner Herb Simon said on Tuesday that he wants to keep the team in Indianapolis, but admitted that he can no longer afford the operating expenses at Conseco Fieldhouse or the team's yearly financial losses.

"There comes a point where you have to say, 'Maybe I can't do this anymore,' " Simon, 74, said on Tuesday. "Certainly my family, if I'm not here, is not going to be able to do it.

"So, let's straighten this thing out. Maybe we can't. But let us try. Sure, I would have picked a better time than the world's greatest economic crisis. The timing sucks, but that's what it is."

Via Indianapolis Star

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