BREAKING NEWS: Reggie Miller Joins Indiana Pacers Ownership TeamIn a historic move, longtime Pacers icon Reggie Miller is making a triumphant return — this time as a co-owner of the team, according to team owner Herbert Simon… see more
In a groundbreaking move that has sent ripples across the basketball world, Indiana Pacers legend Reggie Miller is making a dramatic return to the franchise — not on the hardwood, but in the boardroom. Team owner Herbert Simon announced today that Miller has officially joined the Pacers as a co-owner, cementing a new chapter for both the five-time NBA All-Star and the franchise he helped define.
Miller, whose name is synonymous with Pacers history, becomes one of the few former players to take an ownership stake in the team they played for. The announcement was made during a press conference at Gainbridge Fieldhouse, where Simon introduced Miller to a crowd of media, current players, and franchise executives.
“Reggie has always been the heart and soul of the Indiana Pacers,” said Simon. “Today, we bring him home not just as a legend, but as a leader and partner. His competitive spirit, basketball IQ, and deep love for this city make him the perfect person to help guide the future of this franchise.”
Miller played his entire 18-year NBA career with the Pacers after being drafted 11th overall in 1987. He became one of the league’s most feared clutch shooters, especially known for his rivalry with the New York Knicks and unforgettable playoff performances. He retired in 2005 as the NBA’s all-time leader in three-pointers made (a record since surpassed) and was inducted into the Naismith Memorial Basketball Hall of Fame in 2012.
Now, 20 years after his final game, Miller is back in Indiana — not as a player or broadcaster, but as part of the ownership group with decision-making power and a long-term stake in the franchise’s success.
“This isn’t just a business move — it’s personal,” Miller said, visibly emotional. “Indiana isn’t where I played basketball. It’s where I grew up. It’s home. I’ve always believed in this team, and now I get to help shape its future from the inside.”
Sources close to the organization say Miller will have input in key areas including basketball operations, player development, and community outreach. While the exact terms of his ownership stake were not disclosed, insiders suggest he is more than just a symbolic figure — he will be actively involved in shaping the culture and direction of the team.
Current players reacted with excitement across social media, with Tyrese Haliburton calling Miller’s return “a game-changer” and “the ultimate full-circle moment.”
This announcement comes at a pivotal time for the Pacers, who are seeking to build on recent playoff momentum and re-establish themselves as title contenders. With Miller’s leadership and legacy back in the fold, fans and analysts alike believe this could signal a new golden era for the franchise.
As Miller put it: “I bled for this jersey. Now, I’ll build for it.”
