Who Owns The Indianapolis Colts?
Jim Irsay currently owns the Indianapolis Colts franchise. He inherited the team from his father, Robert Irsay, who purchased the team for $14 million in 1972. Under Jim’s ownership, the Colts have won one Super Bowl (XLI), nine AFC South division championships (2003, 2004, 2005, 2006, 2007, 2009, 2010, 2013, 2014), and 16 playoff appearances.
Irsay attended college at Albion College in Michigan, where he played quarterback on the football team. After college, Jim Irsay worked in various jobs in the sports industry before eventually taking over the Colts franchise from his father. He is known as a hands-on owner who is heavily involved in all aspects of the team’s operations. He is also a very visible presence at Colts’ games, often interacting with fans and players.
According to Forbes, as of the 2022-2023 season, the Indianapolis Colts are worth $3.8 Billion. This makes them the 22nd most valuable franchise in the National Football League (NFL).
About The Indianapolis Colts Franchise
The Indianapolis Colts are a professional American football team based in Indianapolis, Indiana. The Colts compete in the National Football League (NFL) as a member club of the league’s American Football Conference (AFC) South division. Since the 2008 season, the Colts have played their home games in Lucas Oil Stadium. Previously, the team had been based in Baltimore, Maryland, from 1953 to 1983 and in Indianapolis from 1984 to 2007.
In 1984, Irsay moved the team to Indianapolis, where they have been ever since. The Colts have continued to be one of the most successful teams in the NFL, winning their first Super Bowl in 2006 with quarterback Peyton Manning.
The Colts have also had 17 individuals inducted into the Pro Football Hall of Fame, including legends like Peyton Manning, Johnny Unitas, Marvin Harrison, and executive Bill Polian, among others. The Colts also have a very strong midwest fan base and are one of the most popular teams in the NFL.