The Indianapolis arena was named Conseco Fieldhouse when it opened in 1999. CNO Financial Group renamed the building Bankers Life in 2011. Those naming rights expired in 2019.

The first phase of renovations to Bankers Life Fieldhouse stayed on schedule despite some disruptions caused by the COVID-19 pandemic.

Carmel-based CNO Financial Group announced last year it wasn't renewing the naming-rights contract that it held since the arena opened as Conseco Fieldhouse in 1999.

The relocation is being forced by a multi-year project to renovate and upgrade Bankers Life Fieldhouse.

Gov. Eric Holcomb's office says he signed the bill Monday setting up financing plans for renovation of the Indiana Pacers' arena and construction of a new soccer stadium.

The deal includes no new taxes or fees, which Indianapolis officials say was a priority for the city.

The Pacers and CNO Financial Group announced Tuesday that the company will not renew its naming-rights contract after it expires.

Indianapolis hosted the game in 1985 at the Hoosier Dome and set an NBA attendance record with more than 43,000 fans in the seats.