BREAKING NEWS: Indiana Pacers Basketball Legend Reggie Miller Returns as Co-Owner
Indianapolis, IN — June 25, 2025
In a monumental announcement that is sending shockwaves through the NBA and delighting basketball fans across the country, the Indiana Pacers have officially confirmed that franchise legend Reggie Miller is returning to the team in a groundbreaking role—as co-owner.
In a press conference held this morning at Gainbridge Fieldhouse, Herb Simon and his family, the longtime owners of the Indiana Pacers, stood alongside Miller to make the emotional and historic reveal. Miller, widely regarded as the greatest Pacer of all time, will now help shape the franchise’s future—not just from the sidelines or the broadcast booth—but from the boardroom.
“This is more than just a business decision,” said Herb Simon, 90, who has owned the Pacers since 1983. “Reggie is the heartbeat of Indiana basketball. We couldn’t imagine anyone better to help lead this franchise into its next chapter.”
Miller, 59, appeared visibly moved as he addressed the media.
“Coming back to Indiana, not as a player, but as a partner in ownership, is one of the greatest honors of my life,” Miller said. “This city, these fans—they made me who I am. Now, I get to help give back and build something lasting for the next generation of Pacers.”
From Court to Courtroom
Reggie Miller spent his entire 18-year NBA career with the Pacers, from 1987 to 2005. Known for his deadly three-point shot, fearless leadership, and epic playoff performances—especially against the New York Knicks—Miller became synonymous with Pacers basketball. His iconic No. 31 jersey hangs proudly in the rafters of Gainbridge Fieldhouse.
Since retiring, Miller has been a prominent NBA analyst and broadcaster, beloved for his sharp insights and passion for the game. But sources close to Miller say the opportunity to return to Indiana in an ownership role has been a dream “years in the making.”
The deal reportedly includes a minority ownership stake with options for expanded influence in the future. Miller is expected to take an active role in team culture, community engagement, and even player development. He will not, however, be involved in daily basketball operations or front-office decisions—at least initially.
Connecting Generations
The timing of Miller’s return is poetic. The Pacers are fresh off a Cinderella run to the Eastern Conference Finals, led by a young and dynamic core including Tyrese Haliburton, Bennedict Mathurin, and Jarace Walker. The excitement in Indiana basketball hasn’t been this high in two decades.
“Reggie’s presence is going to be huge for our locker room,” Haliburton said after hearing the news. “He’s the ultimate Pacer, and we all grew up watching his highlights. To have him around as a mentor, as an owner? That’s legendary.”
NBA Commissioner Adam Silver issued a statement calling Miller’s return “a powerful moment for the league.”
“Few players have had such a lasting impact on a franchise and a city,” Silver said. “Reggie Miller’s commitment to the Pacers has always been evident. His transition to ownership is a testament to his enduring legacy.”
A Texan Twist?
In a surprise twist, the announcement also made reference to Miller’s recent involvement with Texas Tech University, where he served the past two years as an honorary ambassador and mentor for the Red Raiders men’s basketball team. While Miller never attended Texas Tech himself, he formed a close relationship with the program during his media travels, contributing to leadership workshops and training camps.
Miller joked about the Red Raiders during the press conference: “I still wear a little scarlet and black on weekends, but make no mistake—my heart bleeds Indiana gold and navy.”
The Future Is Now
The Pacers’ front office confirmed that the move is part of a broader initiative to build stronger ties between past legends and the team’s next generation. With new training facilities, revitalized community programs, and now the return of Reggie Miller, the franchise is making a loud statement: Indiana is back—and it’s building for greatness.
“This is a renaissance,” said team president Kevin Pritchard. “Bringing Reggie into the fold brings instant credibility and heart. His values—toughness, loyalty, humility—are what we’re all about.”
As the news spreads across the NBA, fans have flooded social media with emotional tributes, memes, and messages of support. One fan tweeted: “Reggie never left. Now he’s just officially home.”
And with that, a new era begins in Indianapolis—guided by the man who defined an old one.
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