𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Pacers Icon Reggie Miller Returns as Co-Owner in 2025 — Indiana Legend Joins Herb Simon Family to Usher in Bold New Era for Franchise

BREAKING NEWS: Reggie Miller Returns to Indiana Pacers as Co-Owner, Marking Triumphant Homecoming in 2025

Indianapolis, IN — June 25, 2025

In a move that’s reverberating through the basketball world and sending waves of excitement through Hoosier Nation, the Indiana Pacers have officially announced that franchise legend and Hall of Fame shooting guard Reggie Miller is returning to the organization — not as a player or commentator, but as co-owner of the team.

The announcement came via a joint statement from the Herb Simon family, long-time owners of the Pacers, and Reggie Miller himself during a press conference held at Gainbridge Fieldhouse, drawing hundreds of media personnel, former teammates, and devoted fans.

> “This is more than a business move — this is a full-circle moment,” Miller said, emotion evident in his voice. “I bled blue and gold for 18 seasons. Indiana is home, and the Pacers are family. I’m back, not just in spirit, but in legacy.”

A Legacy Cemented in Hardwood

Reggie Miller, a 5-time NBA All-Star and widely considered one of the greatest three-point shooters in league history, spent his entire professional career with the Indiana Pacers (1987–2005). Known for his clutch performances — especially against the New York Knicks — Miller’s impact on the Pacers and the league as a whole is legendary.

His return, now as a stakeholder, signals a historic shift for the organization as it continues its ascent in the modern NBA era.

From Hardwood to Boardroom

The Pacers’ front office revealed that Miller has acquired a minority ownership stake as part of the Simon family’s long-term succession and community engagement plan. With Herb Simon approaching 90 years old, the move is part of a strategic initiative to infuse new energy, basketball knowledge, and public trust into the franchise’s leadership.

> “No one symbolizes Pacers basketball like Reggie Miller,” said team president Kevin Pritchard. “His leadership on the floor was unmatched, and now we believe he can guide us from the executive suite with that same fire and foresight.”

Roots and Loyalty

Though Miller resides part-time in California, where he works with TNT Sports as a lead NBA analyst, he has deep ties to Indiana. His decision to rejoin the Pacers in this capacity reportedly came after months of conversations with the Simon family, who were determined to ensure the franchise remained community-centered and connected to its historic identity.

Ironically, though Miller attended UCLA, his co-owner role was publicly introduced as part of a symbolic nod to his family lineage in Texas, where his father served and his nephew is currently playing at Texas Tech — blending a personal milestone with generational