Posted Dec 22 2011 11:33AM
INDIANAPOLIS (AP) -- The Indiana Pacers will now be playing in Bankers Life Fieldhouse.
The NBA team announced the name change from Conseco Fieldhouse on Thursday along with executives of Carmel-based CNO Financial Group. The insurance company changed its name from Conseco Inc. last year and Bankers Life is one of its major product lines.
The Conseco name has been on the downtown Indianapolis arena since it opened in 1999 under a $40 million, 20-year naming-rights deal with the Pacers.
The Pacers say replacement of the arena's signs will be completed in early 2012.
The insurance company began phasing out use of the Conseco name after it went into a $61 billion bankruptcy reorganization in 2002.
|Dominican Republic vs. USA Basketball|
The United States defeats the Dominican Republic in an exhibition game in New York, 105-62.
|Postgame: Krzyzewski, Irving|
Coach Mike Krzyzewski and Kyrie Irving talk to the media after Wednesday's impressive victory.
|USAB Postgame Discussion|
Vince and Dennis discuss Wednesday's impressive victory over the Dominican Republic.
|Postgame: Kyrie Irving|
Kyrie Irving talks with Matt Winer following USA Basketball's win over the Dominican Republic.
|DeRozan to Drummond|
Andre Drummond takes the pass and finishes with authority.