City officials in Indianapolis are signing off on a deal for nearly $300 million in public subsidies toward renovation of the Indiana Pacers' downtown arena.

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 bill will give the Capital Improvement Board millions of dollars to revamp Bankers Life Fieldhouse, where the Indiana Pacers play, and help build a proposed Indy Eleven soccer stadium.

The deal calls for the Pacers to pay $65 million toward the renovations, which will feature construction of a year-round outdoor plaza in place of an existing parking garage next to the arena.

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

Indiana health officials say people who had contact with a bat last week during an Indiana Pacers game have possibly been exposed to rabies.

Kelly Krauskopf spent 19 seasons as the top executive of the WNBA's Indiana Fever and helped oversee Indiana's new NBA2K league team.

Indiana Pacers star Victor Oladipo will drive the pace car in the Indianapolis 500.

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

He was the head coach from 1984-86 and was an interim head coach in 1988.