INDIANAPOLIS (WLFI) — Indianapolis lands the Big Ten Football Championship through 2021 and will share hosting duties for the conference’s Basketball Tournament with Chicago through 2020, the Big Ten announced Thursday.
According to our news partners at Indianapolis Business Journal, Lucas Oil Stadium will continue to host the football championship through 2021. Bankers Life Fieldhouse will host the basketball tourney in 2020 and 2022, with Chicago’s United Center taking it in 2019 and 2021.
Big Ten Commissioner James E. Delany said in release, “We are proud of the history that we have developed with these two great cities and look forward to maintaining a significant presence in both locations.”
IBJ reported the championships bring in big money for host cities. The football championship is typically ballparked between $12 million and $15 million when hosted in Indy, according to hospitality officials. They said it is similar for the basketball tourney — between $11 million and $14 million.
Officials stated that Indianapolis headed into these negotiations immediately after failing to land the 2018 Super Bowl bid. Indy went into negotiations for Big Ten football and basketball events, as well as future Final Fours and 2020 Olympic trials.
In addition, Indianapolis will host the women’s basketball tournament from 2017-22.
Here is the schedule breakdown, provided by IBJ, of the different championship events through 2020:
Big Ten Football Championship Game
Previously Awarded – Indianapolis (2014-2015)
Today’s Announcement – Indianapolis (2016-2021)
Big Ten Men’s Basketball Tournament
Previously Awarded – Chicago (2015), Indianapolis (2016), Washington, D.C. (2017)
Today’s Announcement – Chicago (2019, 2021) and Indianapolis (2020, 2022)
**2018 Tournament will be announced by the Big Ten at a later date
Big Ten Women’s Basketball Tournament
Previously Awarded – Chicago (2015), Indianapolis (2016)
Today’s Announcement – Indianapolis (2017-2022)