View Full Version : Pacers Co-Founder Dies

01-19-2006, 12:29 PM

Bannon, a Pacers founder, dies

By Mark Montieth
<script language="JavaScript"> <!-- document.write( ''+'mark.montieth'+'@'+'indystar.com'+' (http://www.pacersdigest.com/forums/+)'); //--> </script>mark.montieth@indystar.com

E.J. (Joe) Bannon, a founder of the Indiana Pacers and their first president, died Monday in Clearwater, Fla.

He was 93.

Bannon, chairman of Purdue National Bank in Lafayette, Ind., was one of the original investors who provided the franchise fee for the entry into the American Basketball Association, and supplied much of the early operating capital.

Bannon represented the franchise along with Chuck Barnes, Indianapolis, at a meeting in New York on Feb. 2, 1967, when the ABA was officially formed.

"He gave us credibility," said Dick Tinkham, an Indianapolis lawyer who was among the Pacers' founders.

"It was a brand new league and we needed a guy like that to say he would invest in the group. I would say he was a huge catalyst for the whole thing coming together."

Born in Kansas City, Mo., Bannon moved to Indiana when he became first vice president of the Purdue National Bank in 1947. He became president in 1949 and board chairman in 1957.

He is survived by his wife, Patricia, and a grandson, Peter Fredric Bannon II.

Funeral arrangements in Lafayette are pending.

01-19-2006, 01:29 PM
He created a monster. :)

RIP, Mr. Bannon.

01-19-2006, 01:38 PM
Thanks Joe, wherever you are...

Lord Helmet
01-19-2006, 01:46 PM
RIP, Mr. Bannon.

And, thanks. :)

01-19-2006, 02:17 PM
I think this year was just too much and his heart finally gave out. I feel the same way sometimes. :(

01-19-2006, 02:21 PM
Somebody quick get a difibrilator for Hoopsforlife!!!

And on the subject at hand, thank you Mr. Bannon for creating what would eventually become an obsession for many of us that has brought many good times to our lives. There are always ups and downs, but there have been far more enjoyable times than bad.

And for that I think you sir.
May you rest in peace.

01-19-2006, 05:04 PM

01-20-2006, 12:55 AM
thanks for them Indiana Pacers, RIP Mr. Bannon

01-20-2006, 12:59 AM
Thank you for your foresight and patience may your family find consolation in the joy you gave 1000s of people.