{"id":277406,"date":"2025-06-06T15:34:50","date_gmt":"2025-06-06T15:34:50","guid":{"rendered":"https:\/\/peraltafinancing.com\/uncategorized\/a-home-for-the-pacers\/"},"modified":"2025-06-06T15:34:50","modified_gmt":"2025-06-06T15:34:50","slug":"a-home-for-the-pacers","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=277406","title":{"rendered":"A Home for the Pacers"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>When a company has strong roots in a community, the commitment runs deep and often spreads to all areas of community life. So it\u2019s no surprise that the F.C. Tucker Company, Indiana\u2019s #1 name in real estate with a 107-year history, has intertwined its success with many beloved community institutions, even those outside its core business.\u00a0<\/p>\n<p>Such is the story of F.C. Tucker and the Indiana Pacers. For the Pacers, poised on the first trip to the NBA Finals in a half century, it\u2019s a perfect time to look back at a few pivotal moments in the franchise\u2019s storied history \u2014 and how an unlikely ally in the real estate industry played a part.\u00a0<\/p>\n<p>F.C. Tucker Company is Indiana\u2019s largest independent real estate firm. Under the leadership of the original owner\u2019s son, Fred C. \u201cBud\u201d Tucker Jr., the company became instrumental in shaping downtown Indianapolis in the 1960s and 1970s. In the early 1970s, Tucker worked closely with then-mayor Richard Lugar to bring the Pacers to national dominance when they were one of four teams to transition from the ABA to the NBA during a merger between the two leagues.\u00a0<\/p>\n<p>The city faced an uphill battle to convince the league that Indianapolis was a large enough market to support an NBA franchise. Additionally, they needed to show they could sustain a home arena. The F.C. Tucker Company, along with the Indiana National Bank and other private investors came together with the city to make it happen. The investor group funded two-thirds of the $32 million cost of a new arena that would change Indy\u2019s landscape, while the city of Indianapolis contributed the remaining third. This collaboration led to the construction of Market Square Arena, which opened in 1974.\u00a0<\/p>\n<p>As a result, the F.C. Tucker Company held a 30% ownership stake in the Pacers for a number of years until a later sale to a short-lived owner and the ultimate transition in 1983 to today\u2019s current owner, Herb Simon.<\/p>\n<p>And that wasn\u2019t the only time the real estate company stepped in to help.\u00a0<\/p>\n<h2><strong>\u201cSave the Pacers\u201d Campaign<\/strong><\/h2>\n<p>In 1977, facing financial difficulties stemming from the original NBA entrance fee, the Pacers were faced with possible relocation to a new city unless they could secure 8,000 season ticket holders. The F.C. Tucker Company worked with the late Bobby \u201cSlick\u201d Leonard and his wife Nancy (at the time an F.C. Tucker agent) to spearhead a \u201cSave the Pacers\u201d campaign, culminating in a live telethon that successfully garnered the necessary support to keep the team in Indianapolis. In one WTHR news clip produced in 2002 which features vintage footage of the telethon, Nancy Leonard tearfully proclaims, \u201cBob, we\u2019re at 8,028.\u201d\u00a0<\/p>\n<p>In that same 2002 WTHR news clip, Indiana Journalism Hall of Fame Bill Benner posits, \u201cif the Pacers didn\u2019t survive, do we get the Colts in 1984, would the amateur sports initiative really take hold as it did in the early 80s\u2026?\u201d<\/p>\n<p>Thanks to public\/private partnerships, bold moves and public acts of \u201cpaying your civic rent\u201d we don\u2019t have to wonder.\u00a0<\/p>\n<p>Now all we need to say is\u2026Go Pacers!<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>When a company has strong roots in a community, the commitment runs deep and often spreads to all areas of community life. So it\u2019s no surprise that the F.C. Tucker Company, Indiana\u2019s #1 name in real estate with a 107-year history, has intertwined its success with many beloved community institutions, even those outside its core [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":277407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105261,105262,97458,105263,105264,2,105265,105266,105267,105268,105269],"tags":[1159,105270],"dealstore":[],"offerexpiration":[],"class_list":["post-277406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bill-ingramtalktotucker-com","category-brad-laytontalktotucker-com","category-community","category-editors-pick-2","category-erina-pribyshchuktalktotucker-com","category-featured","category-lloyd-zimmermantalktotucker-com","category-mark-callahantalktotucker-com","category-mary-laytontalktotucker-com","category-priscila-haletalktotucker-com","category-terri-mcgrawtalktotucker-com","tag-home","tag-pacers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Home for the Pacers - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=277406\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Home for the Pacers - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"When a company has strong roots in a community, the commitment runs deep and often spreads to all areas of community life. 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