Indiana Lawmakers Approve $89.5M for New IU Indy Arena

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Legislators in Indiana have approved $89.5 million in state funds as part its biennial budget to build a midsize arena on campus at Indiana University. 

According to Inside Indiana Business, the funding was not a result of IU's lobbying but rather that of mayor Joe Hogsett’s administration, a Pacers Sports & Entertainment executive, the Indiana Sports Corp. and other high-profile organizations who pushed for the arena — with the goal of bringing more NCAA championships, esports competitions and other activities to the city.

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