INDIANAPOLIS - The Pacers biggest win so far this season came Monday — off the court. Custom Philadelphia Flyers Jerseys . One day after breaking out of a slump by beating Oklahoma City and hours before Miami rested its star players, essentially ceding the top seed in the East, the citys Capital Improvement Board approved a new deal that would help the Pacers stay financially competitive in one of the NBAs smallest markets. In exchange for providing $164 million to pay for operating costs at Bankers Life Fieldhouse over the next 10 years, the Pacers agreed to extend a lease agreement that will keep them in Indy for up to 13 more seasons. Board members voted 8-0 in favour of the deal. "This is a major factor helping us get on solid financial ground going forward," Pacers president Jim Morris said Monday. Its not the first time the Pacers have sought public assistance. Three years ago, team owner Herb Simon contended that he was losing money and could not continue to afford paying $15 million in annual operating costs. The CIB stepped in and agreed to spend up to $33.5 million through 2013. Now the quasi-government agency that runs Bankers Life Fieldhouse, home of the citys NBA team and WNBAs Indiana Fever; Lucas Oil Stadium, home to the NFLs Colts, and the citys convention centre will spend in excess of $10.8 million annually over the life of the deal. The contract runs for 10 years and includes three one-year extensions with the Pacers having the option for the first of those years. The last two will be mutually agreed upon. In return, the Pacers have agreed to stay at Bankers Life Fieldhouse and will give city leaders the "right of first offer" in the event the 79-year-old Simon dies and his heirs attempt to sell the team. The provision means the city could designate a new potential owner and that person would be able to make the first offer on the team or could match an offer from someone else. "With this agreement, one of our citys most important facilities will get some critical upgrades and continue to be home to some of our most amazing events," board president Ann Lathrop said after the vote. Critics argue that Simon, who is estimated to be worth more than $1 billion according to Forbes magazine, should foot the bill and that city leaders should fix roads and find more money for its understaffed police department. Mayor Greg Ballard contended the money in this deal couldnt be spent on those services anyway, though the new deal could create more money for those purposes. "By law, this money cant go there anyway," he said. "Its Economics 101. Youre trying to create more revenue for everything else. The assumption is that the pie is one size and thats not true at all. Youre trying to expand the pie." Simon has been frugal with his payroll. Larry Bird, the president of basketball operations, has made it clear Simon will not pay the NBAs luxury tax — the penalty for going substantially over the leagues salary cap. And the CIB investment should help the Pacers bottom line. The deal calls for the board to pay: — $3.7 million annually for fieldhouse operating expenses such as liability insurance, security and utilities; — $7.1 million in reimbursements for management of the arena, a price that includes an annual 3 per cent annual escalator clause: — $26.6 million in capital improvements to "major systems" such as locker rooms, concession stands and seating; — and half of the cost from the scoreboard the Pacers installed two years ago, taking over ownership at the end of the lease. The Pacers and Fever are the primary tenants at Bankers Life, but the arena hosts up to 500 different events throughout the year — everything from Indiana state basketball championships to concerts and other shows, all of which experts say helps the city prosper. But its the Pacers who needed the most help, and Morris believes this deal will keep them more competitive for the long run. "Were doing better," he said. "Weve had 28 sellouts this year, our attendance is up 15 per cent and our sponsorship is up. But weve had a tough 10 years and weve had substantial losses. Were making progress. For 10 or 11 years, we tried to find a way for the franchise to pay for the operating expenses of the building and we just couldnt." Robert Hagg Jersey . The mood in Seattle was electrified as the parade featuring the NFL champions began near the Space Needle and made its way to CenturyLink Field, the home of the team. At a ceremony inside the stadium, the team thanked its loyal followers -- the 12th Man -- capping a day of boisterous celebration that drew an estimated 700,000 revelers to Seattle. Claude Giroux Jersey . TSN Hockey Insiders Pierre LeBrun and Bob McKenzie both reported Thursday that there have been ongoing trade discussions between the Oilers and Los Angeles Kings over forward Sam Gagner. http://www.nhlflyersproauthentic.com/nolan-patrick-hockey-jersey/ . -- The Detroit Lions made it crystal clear to Golden Tate that he was their top target in free agency.Roberto Luongo begins his second stint as the starter in Vancouver tonight when the Canucks host the Edmonton Oilers at Rogers Arena. Last season, Luongo started the season as the backup to Cory Schneider, awaiting a trade that would never materialize. Then at the NHL Draft in June, the Canucks traded Schneider to the New Jersey Devils, making Luongo the starter once again. "I was kind of floored to be honest with you," Luongo told TSNs James Duthie about the trade. "Out of all the situations that I envisioned, that wasnt one of them. I had moved on from Vancouver and I was ready to start a fresh new chapter of my caareer somewhere else. Brandon Manning Jersey. "It felt like a divorce, I accepted it and I had moved on personally. The only problem was she wanted me back." Henrik and Daniel Sedin will also be in the lineup for tonights game while head coach John Tortorella will not be behind bench but watching from the press box as he continues to assess the players on the ice. The Oilers are coming off a 3-2 loss at the hands of the Winnipeg Jets last night. The Oilers fell behind 3-0 before Mitchell Moroz and Philip Larsen scored late in the game to make it close. Richard Bachman stopped 26 of 29 shots for Edmonton. 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