CHICAGO — Indianapolis and the Indiana Pacers are expected to sign a short-term lease to keep the team in town as talks continue over whether the city will take over paying $18 million in annual operating costs at the Conseco Fieldhouse, which the team has previously paid.

Last week, officials said it was likely the team would sign a new three-year lease in lieu of a long-term deal, in part because the team’s financial future is linked to the National Basketball Association’s collective bargaining agreement with the NBA Players Association. The players’ agreement expires next June.

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