BREAKING NEWS: It is Done Indiana Pacers Legend Reggie Miller Returns as Co-Owner In a monumental, Indiana Pacers owner Herb Simon and his family has officially declared that Reggie Miller the legendary shooting guard and long-time face of the franchise, will return to the organization in 2025 as a co-owner..…view more

In a moment that will be remembered for generations, the Indiana Pacers have made a historic announcement: Reggie Miller, the legendary shooting guard and forever face of the franchise, is officially returning to the organization — this time, as a co-owner.

Pacers owner Herb Simon, alongside his family, confirmed the monumental news at a press conference held inside Gainbridge Fieldhouse, declaring that Miller would join the team’s ownership group effective immediately.

“It is with great pride that we welcome Reggie Miller back home — not just as an icon, but now as a partner,” said Simon. “His legacy is inseparable from ours, and this is the next step in honoring everything he means to Indiana basketball.”

Reggie Miller, 59, played his entire 18-year NBA career with the Pacers, becoming one of the league’s most feared clutch shooters and leading the team to multiple playoff runs, including their first and only NBA Finals appearance in 2000. His fiery competitiveness, loyalty to the franchise, and unforgettable battles—especially against the New York Knicks—cemented his status as a Pacer legend.

Speaking to a packed audience, a visibly emotional Miller said:

“This city, this team, and these fans made me who I am. To return now not as a player, but as a co-owner, is something I could’ve never imagined back then. I’m home—for good.”

As part of his new role, Miller will be involved in high-level decisions, community engagement, and player mentorship. Sources say he’ll have a visible presence both courtside and behind the scenes as the Pacers continue their mission to return to championship contention behind rising stars like Tyrese Haliburton and Bennedict Mathurin.

The move has been met with thunderous support from fans, many of whom have long called for Miller to take on a larger role within the franchise. Social media exploded within minutes of the announcement, with phrases like “#ReggieReturns” and “#PacersForever” trending nationwide.

NBA Commissioner Adam Silver released a statement congratulating the franchise and praising the move:

“Reggie Miller’s return as a co-owner reflects the very best of what the NBA represents—loyalty, leadership, and legacy. It’s a proud day for the league and especially for Indiana.”

This landmark decision marks a new era for the Pacers — one that blends legacy with the future, and positions Reggie Miller not just as a symbol of the team’s past, but a driving force in shaping its future.