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Sports
Page 5 of 15 from The Billionaires And Their Teams
02.03.02, 12:00 PM ET
Melvin Simon
Owner, Indiana Pacers
Current Team Value: $231 million
Reggie Miller isn't in a scoring slump, but Indiana Pacers team co-owner Melvin Simon may be. His Simon Property Group
(nyse:
SPG -
news
-
people
) had banner growth for 2000, but it's been limping through 2001. Still, this mall owner got a bargain in the Pacers: He bought the team in 1983 for $11 million.
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