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New York Times
14 hours ago
- Business
- New York Times
Colts announce ownership transition from late Jim Irsay to his 3 daughters
Ownership of the Indianapolis Colts will transition from late owner and CEO Jim Irsay to his daughters, Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson, the Colts announced Monday. Irsay-Gordon, Foyt and Jackson have served as Colts vice chair/owners since 2012, and will assume new roles and titles, effective immediately. Irsay-Gordon will become owner and CEO, serving as the team's principal owner; Foyt will become owner and executive vice president; and Jackson will become owner and chief brand officer as well as president of the Indianapolis Colts Foundation. We have announced details on the transition of team ownership from late Owner & CEO Jim Irsay to his daughters, Carlie-Irsay Gordon, Casey Foyt and Kalen Jackson: — Indianapolis Colts (@Colts) June 9, 2025 Irsay died peacefully in his sleep on May 21, 2025, at age 65. He had owned the Colts since the death of his father, Robert, in 1997. Irsay-Gordon stepped in as the Colts' shot caller when Irsay was arrested for driving while intoxicated in March 2014. She took over when Irsay spent time in a rehab facility and again when the NFL suspended him six games that year for his misconduct. She has been present in the Colts' war room on draft weekends, has been on the sideline wearing a headset on game days and was heavily involved in the team's coaching search in 2023, which resulted in the hiring of Shane Steichen. 'She will ask 500 questions about why, and a lot of times, it'll halfway piss me off, but I'll go, and I'll (start) thinking, 'She's right,'' Colts general manager Chris Ballard said of Irsay-Gordon in February 2019, per the IndyStar. 'She asks the question from a different perspective and makes you think about why you do what you're doing.' Advertisement Ballard and Pete Ward, the team's chief operating officer, will remain in place, running day-to-day operations of the organization. For some NFL franchises, the death of an owner can spark interest from powerful and wealthy bidders, eager to sink their teeth into a rare investment opportunity. But when Irsay died, the plan was always to keep the franchise in the family and pass the Colts down to his daughters. It was simply a formality for Irsay-Gordon, Foyt and Jackson to take over, and Monday's announcement was more so about providing clarity of their forthcoming roles than reacting to any earth-shattering news. The decision for Irsay-Gordon to step in as the principal owner falls right in line with the position Irsay prepared her for over several years. The eldest of Irsay's three daughters, Irsay-Gordon will likely shoulder most of the decision-making from a football operations standpoint. One looming question that shifts from her father to her: Just how much patience does she have for Ballard? The Colts GM is entering his ninth season with the franchise, but through the first eight years, his resume includes only two playoff berths, one postseason win and zero AFC South titles. — James Boyd, Colts staff writer (Photo of Carlie Irsay-Gordon: Robert Scheer / USA Today via Imagn Images)


Associated Press
14 hours ago
- Business
- Associated Press
The late Jim Irsay's 3 daughters take charge of Colts under his transition plan
INDIANAPOLIS (AP) — The Indianapolis Colts are moving forward with the late Jim Irsay's transition plan for ownership, which calls for his three daughters to take charge of the club. The team said Monday that Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson each would continue to hold the title of owner, which they have done since 2012 when they were named vice chairs. Irsay-Gordon is now CEO, and Foyt is executive vice president. Jackson will be chief brand officer. Irsay died last month at age 65. He had long battled issues of health and addiction and had been far less visible following a fall at his home in December. All three of the sisters grew up around the Colts, just as their father did before taking over as owner following the death of his father, Robert Irsay, in 1997. Irsay-Gordon has represented the Colts at various NFL meetings since 2004, three years before Foyt joined the front office. Foyt had previously worked for the NFL in London. Jackson has been leading the family's initiative to raise awareness of mental health. ___ AP NFL:


Daily Mail
16 hours ago
- Sport
- Daily Mail
BREAKING NEWS Revealed: The three women taking over Indianapolis Colts after Jim Irsay's death
The Indianapolis Colts have announced an ownership transition from the late Jim Irsay, who died last month, to his three daughters - Carlie-Irsay Gordon, Casey Foyt and Kalen Jackson. All three daughters have served as vice chairs of the Colts since 2012, with succession plans put in play by Irsay long before his death on May 21. Each of the three women will take on new titles with their elevation into the top job with the franchise.


Reuters
22-05-2025
- Business
- Reuters
Colts owner/CEO Jim Irsay dies at 65
May 22 - Indianapolis Colts owner and chief executive officer Jim Irsay, who spent his career in the NFL, has died Wednesday afternoon, the team announced. He was 65. "We are devastated to announce our beloved Owner & CEO, Jim Irsay, passed away peacefully in his sleep this afternoon," Colts chief operating officer Pete Ward said in a statement from the team. "Jim's dedication and passion for the Indianapolis Colts in addition to his generosity, commitment to the community, and most importantly, his love for his family were unsurpassed. Our deepest sympathies go to his daughters, Carlie Irsay-Gordon, Casey Foyt, Kalen Jackson, and his entire family as we grieve with them." The youngest owner in league history at 37 when he took over the franchise in 1997, Irsay rose up through the organization -- including becoming the NFL's youngest general manager at 24 in 1984 -- after his father, Robert Irsay, purchased the Baltimore franchise in 1972. The Colts relocated to Indianapolis in 1984. Jim Irsay was general manager and vice president from 1984-93 before becoming the owner, chairman and CEO in 1997. He was colorful, ouspoken and blunt in his opinions, including on league matters. "Some of Jim's fondest memories came from his youth working training camps in Baltimore and growing relationships with players, coaches, and staff, whom he considered his extended family," the Colts' statement read. "He worked in every department before he was named the youngest general manager in team history in 1984 when the Colts arrived in Indianapolis. "After he took sole ownership in 1997, he led the Colts to a long series of division titles and brought the city its first Super Bowl Championship," the statement continued. "Jim's love and appreciation for the NFL in addition to its history, tradition and principles influenced him to become a steward of the game throughout his 50-plus years in the League." The Colts won the Super Bowl in the 2006 season, beating the Chicago Bears 29-17 in Super Bowl XLI. Indianapolis then fell to the New Orleans Saints 31-17 in Super Bowl XLIV to conclude the 2009 season. Over 38 years under Jim Irsay's involvement with the franchise from 1984-2024, the Colts went 316-294-1 in the regular season and 13-16 in the playoffs. "We were deeply saddened to learn of Jim Irsay's passing today," NFL Commissioner Roger Goodell said in a statement. "Jim was a friend, and a man deeply committed to his family, the game, the Colts, and the Indianapolis community. He spent his life and career in the National Football League. Starting as a teenager as a Colts' ballboy, he learned every position in the organization before assuming leadership of the Colts approximately 30 years ago. Jim's Colts won the Super Bowl, hosted another and built Lucas Oil Stadium." Goodell noted Irsay's participation in league operations as the active chairman of the legislative committee and a member of the finance committee. "He led with integrity, passion and care for the Colts' players, coaches and staff, and his courageous work in support of mental health will be a lasting legacy," Goodell said in the statement. "Outside of football, he was a talented musician and built an extraordinary collection of historical and musical artifacts that he shared with people across the country. "On behalf of the entire NFL, I extend my heartfelt condolences to Jim's daughters and their families, and to his many friends throughout the NFL." The Colts' statement also mentioned Irsay's passion for music, which included fronting the Jim Irsay Band and acquiring classic guitars as well as a vast collection of memorabilia -- part of his outgoing persona. "Jim's generosity can be felt all over Indianapolis, the state of Indiana and the country," the Colts said in the statement. "He made philanthropy a daily endeavor. He never hesitated to help countless organizations and individuals live better lives. "Music was one of Jim's passions and the ability to share his band and collection with millions of people across the world brought him tremendous joy. Simply put, he wanted to make the world a better place and that philosophy never wavered. Jim will be deeply missed by his family, the Colts organization and fans everywhere, but we remain inspired by his caring and unique spirit." In February 2024, Irsay took to social media to reveal that his health was improving after he was hospitalized for a severe respiratory illness. "On the mend. Grateful for all the messages of love and support," Irsay wrote on Twitter. The Colts released a statement on Jan. 9, 2024, saying Irsay was undergoing treatment for the illness. On Dec. 8, 2023, per a police report, Irsay, then 64, was found unresponsive in his home in Carmel, Ind., prompting emergency personnel to administer Narcan, which is commonly used to reverse the effects of an opioid overdose. Irsay revealed during a November 2023 interview on HBO's "Real Sports With Bryant Gumbel" that he had battled addiction and nearly died from a previous overdose. He said he had been to rehab "at least 15 times." He publicly credited Alcoholics Anonymous for positively impacting his life and that organization's 12-step program has "literally saved hundreds of thousands or millions of lives," Irsay told ESPN in 2024. --Field Level Media


Time of India
22-05-2025
- Business
- Time of India
Jim Irsay dies at 65: What is the Indianapolis Colts owner's fortune? Who will inherit it now?
(Image: Jim Irsay , the longtime owner and CEO of the Indianapolis Colts , passed away peacefully in his sleep on May 21, 2025, at the age of 65. The team confirmed his death, noting his dedication, passion, and generosity toward both the Colts and the community . Irsay had been dealing with various health issues in recent years, including a fall at home, a respiratory illness, and ongoing recovery from surgeries . Irsay assumed control of the Colts in 1997 after the death of his father, Robert Irsay, who had purchased the franchise in 1972 for $12 million . Under his leadership, the Colts achieved significant success, including a Super Bowl victory in 2007. Irsay was known for his love of music and deep commitment to his team and community . Forbes recently estimated Irsay's net worth at $4.8 billion . He inherited the Colts from his father and has been instrumental in the team's success. In addition to his role with the Colts, Irsay was known for his philanthropy, including donations to mental health initiatives and music-related causes . Irsay is survived by his three daughters: Carlie Irsay-Gordon, Casey Foyt, and Kalen Jackson . In 2013, he named Kalen Jackson as Vice Chair and Owner of the Colts, despite holding the majority ownership himself . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Viral Video: मृत्यू कसाही येऊ शकतो! सीसीटीव्हीत कैद झाली काळीज पिळवटणारी घटना Latest News Read More Undo This move was seen as a step toward ensuring a smooth transition of ownership. While the Colts have not yet announced formal succession plans, Jackson's involvement with the team suggests she may play a significant role in its future. Beyond football, Irsay was an avid collector of music memorabilia, owning items such as guitars once owned by David Gilmour and Kurt Cobain . He also supported various charitable causes, including the Kicking The Stigma initiative aimed at raising awareness about mental health disorders .