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Thread: Colts to remain with Jim Irsay after divorce

  1. #1

    Default Colts to remain with Jim Irsay after divorce

    At least this isn't going to be a McCourt/Dodgers situation.


    http://www.ibj.com/colts-to-remain-w.../article/44711


    Colts to remain with Jim Irsay after divorce


    The divorce of Jim Irsay and his wife of 33 years, Meg Coyle Irsay, will have no bearing on Jim’s ownership of the Indianapolis Colts.

    The Irsays have been living apart for more than a decade. The divorce case was filed by Meg Irsay on Thursday in Hamilton Superior Court.

    “After 33 years, we have mutually agreed to end our marriage,” the Irsays said in a jointly released statement. “Meg will continue to pursue her professional interests and her commitment to our children and grandchildren, while Jim will maintain 100 percent ownership of the Indianapolis Colts and his other business interests. Although the decision to end our marriage is a difficult one, it is the right decision for us and our family. We appreciate your respect for, and understanding of, our privacy.”

    According to the divorce filing by Meg's attorney, "There has been an irretrievable breakdown of the marriage of the parties, and the petitioner requests that the parties' marriage be dissolved."

    The Irsays’ three daughters—Carlie Irsay-Gordon, Casey Foyt and Kalen Irsay—for the last two seasons have been listed in the Colts media guide as team vice chairs and co-owners.

    The Colts were valued this year at $1.2 billion by Forbes magazine, 11th in the NFL. In its most recent NFL team valuation, Forbes said the Colts had annual revenue of $276 million and operating income of $65 million in 2012.

    Irsay was listed 342nd earlier this year on Forbes' latest list of the nation's wealthiest people, with $1.6 billion.

    Jim Irsay, 54, assumed ownership of the Colts in 1997 following the death of his father, Robert, who moved the team to Indianapolis from Baltimore in 1984.

    Jim and his stepmother, Nancy, had a bitter battle over assets of the late Robert Irsay’s estate after his death. At that time, Jim got sole ownership of the Colts while Nancy got ownership of Sweet Charity Farm, a multimillion dollar horse show facility in Hamilton County, $750,000 in cash, a Chicago condominium, proceeds from a $250,000 insurance policy, a health insurance policy and four Colts tickets in the owner’s suite.

    Sources close to Jim Irsay said after the 22-month legal battle with his stepmother that he sought to make it clear no matter what turn of events took place in his personal life that he would maintain ownership of the team.

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  3. #2

    Default Re: Colts to remain with Jim Irsay after divorce

    why couldn't she get custody of his twitter account and shut it down?
    The poster "pacertom" since this forum began (and before!). I changed my name here to "Slick Pinkham" in honor of the imaginary player That Bobby "Slick" Leonard picked late in the 1971 ABA draft (true story!)

  4. #3

    Default Re: Colts to remain with Jim Irsay after divorce

    Quote Originally Posted by Slick Pinkham View Post
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    why couldn't she get custody of his twitter account and shut it down?
    This I'm in complete support of but there's no Twitter law sadly

  5. #4
    Member Johanvil's Avatar
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    Default Re: Colts to remain with Jim Irsay after divorce

    Oh let him be. He is the equivalent of hoosierguy on Twitter. He just vents. Nothing else.

  6. #5
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    Default Re: Colts to remain with Jim Irsay after divorce

    Jim Irsay has personality in a world full of personality-less, uptight, P.C. billionaire owners. I don't see the problem with that.

  7. #6

    Default Re: Colts to remain with Jim Irsay after divorce

    Quote Originally Posted by GrangeRusHibbert View Post
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    Jim Irsay has personality in a world full of personality-less, uptight, P.C. billionaire owners. I don't see the problem with that.
    There's a difference between having a personality and coming across as a major tool.

    I think Mark Cuban has a personality but I don't find him to be nearly as irksome in comparison go figure.

  8. #7
    Member Sollozzo's Avatar
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    Default Re: Colts to remain with Jim Irsay after divorce

    I don't care much about his antics. All I care about is that he is easily one of the best owners in the NFL. Under his stewardship, the franchise has transformed from a dumpster fire into one of the elite franchises in the NFL. Sure, Manning's tenure was no doubt the main reason for that, but Manning hasn't played here in three years and yet the franchise just continues to excel. Irsay being a fantastic owner is no doubt a major reason for this. There's a reason that former players and coaches like Dungy and Arians have nothing but praise about the Colts organization when they leave. The Colts take great care of everyone in the organization.

    Irsay enjoys the limelight, but he's not so stupid that he thinks he should be calling the football shots like Jerry Jones (unless it's a franchise-altering decision like Manning/Luck). He knows his boundaries.

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  10. #8

    Default Re: Colts to remain with Jim Irsay after divorce

    Quote Originally Posted by Basketball Fan View Post
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    There's a difference between having a personality and coming across as a major tool.

    I think Mark Cuban has a personality but I don't find him to be nearly as irksome in comparison go figure.
    OK. So, I think Cuban is a major tool. Much more annoying than Irsay.

  11. #9

    Default Re: Colts to remain with Jim Irsay after divorce

    I didn't particularly care for Irsay's comments about how you can only be here if you want more than one ring is an example.

    Yes because nobody else in the NFL wants more than one ring.

    Call me crazy but after Dirk retires from the Mavs I don't see Cuban saying something that stupid. You can praise your current regime without having to diss your old one in the process.

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