Irsay daughters take over Colts as new billionaire owners

The Indianapolis Colts, an NFL team, has been under the Irsay family ownership for 53 years, with Jim Irsay serving as the owner for 28 years until his recent passing. Upon his death, his daughters, Carlie Irsay-Gordon, Casey Foyt, and Kalen Jackson, inherited the franchise, which is now valued at $5.9 billion, positioning them among the wealthiest female sports team owners. The family legacy, built over decades, has seen the team's value appreciate significantly from $227 million in 1998. Carlie Irsay-Gordon has stepped into the role of CEO, emphasizing the importance of continuing their father’s vision for the team, aiming for ongoing success both on and off the field. Despite the challenges Jim faced personally, including struggles with addiction, he had prepared his daughters for future leadership roles, shaping their involvement within the NFL. In June, shortly after taking on their new roles, the sisters reflected on their father's teachings and the significance of the Colts to their family identity. Through her experience in NFL operations and community engagement, Foyt is committed to preserving the team’s legacy intertwined with their family’s story. Irsay-Gordon expressed confidence in her preparedness for the responsibilities ahead, having been part of the Colts' operations for over two decades. Their collective experiences have positioned them to lead the franchise into a successful new chapter while cherishing the family's history and contributions to the NFL. The Irsay sisters are determined to maintain the Colts’ competitive edge in the league, guided by the lessons imparted by their father. Together, they embody both the heritage of ownership and the ambitions for their future ventures, seeing themselves as capable stewards of the franchise. As they plan for the team’s trajectory, they are also mindful of their father’s previous challenges and triumphs, aiming to foster a positive environment and sustain their family's influence in the sports community. The sisters have noted their commitment to enhancing community relations and marketing, emphasizing a deep-seated belief in the Colts' role within the Indianapolis identity. As female owners in a predominantly male-dominated industry, they also hope to inspire other women in sports leadership. Their presence at NFL owners' meetings and decisions regarding the franchise resonate with a progressive approach to ownership. The Irsays are poised to continue the legacy of innovation and resilience that has characterized the Colts throughout the years under Jim Irsay's leadership, aiming to ensure the franchise not only thrives financially but also connects meaningfully with its fanbase.