Herb Simon Rumors
His ties to Pacers general manager Kevin Pritchard extend to their days in Portland, where Pritchard was GM from 2007-10. “I want to thank Larry, Herb Simon and the Pacers for this opportunity, which is a great opportunity,” McMillan said in the statement. “I’ve been around this franchise three years and understand what the expectations are and look forward to working hard to try to meet them. We have a good team and good base to build from. I’m very anxious to get started.”
He doesn’t know when, either. Bird said he will make the decision after meeting by conference call with Pacers owner Herb Simon, but he said no call has been arranged. “He’s busy, so it could be a week or it could be tomorrow. What I don’t want to do is leave Frank hanging – there’s other jobs out there he could get,” Bird said early Monday evening.
Other NBA owners on the list include the Brooklyn Nets’ Mikhail Prokhorov ($7.6B), Miami Heat owner Micky Arison ($7.1B), New York Knicks owner Charles Dolan ($5B), Dan Gilbert of the Cleveland Cavaliers ($4.9B), Orlando Magic owner Rich DeVos ($4.7B), Tom Gores from the Detroit Pistons ($3.3B), Dallas Mavericks owner Mark Cuban ($3.3B), Indiana Pacers owner Herb Simon ($2.8B), New Orleans Pelicans owner Tom Benson ($2.2B), Memphis Grizzlies owner Robert Pera ($2B), Glen Taylor from the Minnesota Timberwolves ($1.8B), Milwaukee Bucks owner Marc Lasry ($1.7B), Houston Rockets owner Les Alexander ($1.5B), Utah Jazz owner Gail Miller ($1.4B), Chicago Bulls owner Jerry Reinsdorf ($1.3B), former Bulls player and Charlotte Hornets owner Michael Jordan ($1.1B) and Atlanta Hawks owner Tony Ressler ($1.1B).
“I join our extended Pacers family in offering my sincerest condolences to CeCe and Mel’s family,” said Pacers Sports & Entertainment owner Herb Simon. “We will miss him greatly, but when we look at that Hall of Fame banner in Bankers Life Fieldhouse, we will be forever reminded of what he meant to this franchise.”
Pacers owner Herb Simon is asking a court to declare that neither his late brother’s estate nor his brother’s widow has any financial stake in the team. The Indianapolis Star learned about the request in an unusual way. It came to light because a court document filed by Bren Simon, widow of Melvin Simon, contained visible words that were meant to have been redacted. Herb Simon is asking the court to keep the documents, filed last month in Hamilton Superior Court, under seal. He argues that public viewing would create “significant risk of substantial harm” to people who signed a confidential settlement in 2012 pertaining to Melvin Simon’s estate. The brothers, who became billionaires from owning shopping malls, bought the Pacers in 1983. Melvin Simon died in 2009.