While living in Waterloo, Iowa, Carnegie would listen to radio broadcasts of a young Ronald Reagan and credits Reagan with being one of his main broadcasting inspirations and influences.
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1986 film Hoosiers, where he portrayed the PA announcer at the championship game held at historic Hinkle Fieldhouse on the campus of Butler University.
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Carnegie's father was a Baptist minister, which led to moving the family during Carnegie's childhood from Connecticut to Waterloo, Iowa, Pontiac, Michigan and finally Kansas City, Missouri.
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The film Hoosiers, loosely based on that event, used Hinkle Fieldhouse and the memorable voices of original announcers Hilliard Gates and Tom Carnegie in filming the climactic game of the popular movie.