Market Square Arena was an indoor arena located in Indianapolis, Indiana, USA. The arena, completed in 1974 at a cost of $23 million, seated 16,530 for basketball and 15,993 for ice hockey.

The first event held at the arena was a Glen Campbell concert on September 15, 1974. Indianapolis also hosted the 1987 Pan American Games.

Market Square Arena was best known as the home of the Indiana Pacers of the American Basketball Association and National Basketball Association from 1974--1999. The first Pacers basketball game ever held in the arena was a preseason game against the Milwaukee Bucks; attendance was 16,929. The first regular-season ABA game in the arena was held on October 18, 1974 against the San Antonio Spurs; the Pacers lost in double overtime, 129-121 in front of 7,473 fans. The first Pacers victory in Market Square Arena came on October 23 with a 122-107 win over the Spirits of St. Louis. The 1974-1975 season ended for the Pacers with the ABA Finals played in Market Square Arena and Freedom Hall against their archrivals, the Kentucky Colonels. The Colonels defeated the Pacers in that championship series, winning the ABA title in five games (4 wins to 1). The 1975-1976 Pacers won their final home ABA game in Market Square Arena with a 109-95 victory against the Colonels. (Kentucky won the next

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