OFFICIAL PACERS NEWS: Reggie Miller, the legendary Indiana Pacers player, has returned as a co-owner. The family of Pacers owner Herbert Simon has officially announced that Reggie Miller, the iconic star and long-time face of the franchise, will return to the program as co-owner in 2025. This announcement is a monumental event

Reggie Miller Returns to the Indiana Pacers as Co-Owner in Monumental 2025 Announcement

In a move that has sent shockwaves through the NBA and elated fans across Indiana, the legendary Reggie Miller is officially returning to the Indiana Pacers organization—not as a player or commentator, but as a co-owner. The family of longtime Pacers owner Herbert Simon made the announcement early this week, confirming that Miller, the face of the franchise for nearly two decades, is rejoining the team in a deeply meaningful and strategic role.

Miller, who retired in 2005 after an 18-year career entirely spent with the Pacers, is widely regarded as one of the greatest shooters in NBA history. He was not only the team’s all-time leading scorer but also a five-time All-Star, Olympic gold medalist, and a Hall of Fame inductee. His loyalty to the franchise and his unforgettable moments—particularly his playoff heroics against the New York Knicks—cemented his legacy as an icon in Indianapolis and beyond.

For years, fans had speculated whether Miller would one day return to the Pacers in an executive or ownership capacity. His deep bond with the team and the city made the idea more than just wishful thinking. Today, that vision has become a reality. The 2025 season will mark a new chapter, as Reggie joins the ownership group with the goal of ushering in a new era of excellence.

The Simon family, who have owned the franchise since 1983, expressed their excitement over the partnership. “Reggie has always been part of our family, and this move is about more than business—it’s about legacy,” said Steve Simon, son of Herbert Simon and a key executive in the organization. “We are thrilled to have him on board as a co-owner and ambassador for the next generation of Pacers basketball.”

Miller’s return comes at a pivotal time for the franchise. With young stars like Tyrese Haliburton and Bennedict Mathurin leading the way, and a revitalized fan base hungry for postseason success, the Pacers are building momentum. Adding a legend like Miller to the ownership group sends a strong message about the franchise’s ambitions and commitment to winning.

“I’ve always considered Indiana my home,” said Miller in a heartfelt press release. “To have the opportunity to return to the franchise that gave me everything—and to help shape its future—is a dream come true. I’m ready to give back in every way I can, on and off the court.”

The announcement was made at Gainbridge Fieldhouse in front of a crowd of team executives, players, media, and longtime season-ticket holders. Miller received a standing ovation as he walked onto the court, just as he did countless times during his playing career. But this time, the cheers were for his return in a new, equally powerful role.

Many current players, including Haliburton, expressed their excitement on social media. “Reggie Miller is the blueprint,” Haliburton tweeted. “Pumped to learn from a legend and take this team to new heights.”

Beyond the emotional resonance, Miller’s involvement is expected to bring tangible benefits to the organization. His basketball IQ, competitive spirit, and experience in both playing and media roles make him a valuable asset for player development, branding, and strategic growth. His presence could also attract top-tier talent and elevate the Pacers’ profile nationally.

NBA Commissioner Adam Silver released a statement applauding the move. “Reggie Miller’s return to the Pacers is a celebration of everything that makes this league great—loyalty, excellence, and community. We look forward to seeing the impact he’ll have as a team leader and advocate.”

The cultural significance of Miller’s return is profound. He is one of the few NBA legends to become an owner of the team he helped define. His journey from 1987 first-round pick to franchise cornerstone and now co-owner is the stuff of sports mythology.

It also represents a broader trend of former players seeking leadership roles in the business side of the league. Figures like Michael Jordan, Dwyane Wade, and Grant Hill have already blazed this trail. Now, Reggie Miller joins their ranks—bringing with him the same fire and focus that made him one of the most clutch players in NBA history.

Miller is expected to be a visible and active presence, not a silent partner. Sources indicate he will be heavily involved in basketball operations, community outreach, and youth development initiatives across Indiana. His goal: to reconnect with the grassroots basketball culture that has always defined the state.

For longtime fans, the announcement feels like a reunion. “This is poetic,” said former teammate and Pacers broadcaster Clark Kellogg. “Reggie is coming home—not just in spirit, but in leadership. This is how you build legacy.”

The timing could not be better. With the NBA celebrating its 75th anniversary and the Pacers approaching their 60th season, the franchise is poised to reflect on its past while building a bold future. Reggie Miller’s return adds a powerful symbol of continuity, resilience, and hope.

Miller’s move also aligns with a renewed focus on revitalizing the Pacers’ historical brand. Retro jerseys, community events, and hall-of-fame tributes are reportedly being planned, culminating in a “Reggie Miller Night” set for early in the 2025-26 season.

In the coming months, fans can expect to see Miller participating in draft meetings, free-agent discussions, and even coaching clinics. His influence will touch every level of the organization—from locker room culture to front office strategy.

As Indiana positions itself for another deep playoff run, Reggie Miller’s presence could be the intangible force that tips the scales. With his heart, brain, and passion now intertwined with the team’s future, the Pacers may be on the cusp of something truly special.

Ultimately, Reggie Miller’s return isn’t just a business deal—it’s a homecoming, a statement of purpose, and a full-circle moment that few franchises ever get to experience. For Indiana, this is more than just news—it’s history in the making.