Colts

NFL agrees to remove $675 million cap on head injuries

June 25, 2014
Associated Press
The NFL agreed Wednesday to remove a $675 million cap on damages from thousands of concussion-related claims after a federal judge questioned whether there would be enough money to cover as many as 20,000 retired players.
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Ex-Colt testifies to Senate panel about brain damage

June 25, 2014
Associated Press
Former NFL tight end Ben Utecht told a Senate hearing Wednesday that he fears where his history of brain injuries will leave him in the future.
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Former Colt, Bear take tax lawsuit to Ohio's top court

May 29, 2014
Bloomberg News
Former Indianapolis Colts center Jeff Saturday and ex-Chicago Bear linebacker Hunter Hillenmeyer are suing Cleveland over what they consider an "egregious and shameless money grab."
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Irsay formally charged with two misdemeanors

May 24, 2014
Associated Press
Police had filed four preliminary felony counts of possession of a controlled substance, stemming from his intoxicated driving arrest near his home in March. Prosecutors took weeks before deciding to file the misdemeanor charges instead.
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Irsay open to another Super Bowl bid, but 2019 looks unlikely

May 20, 2014
Anthony Schoettle
It’s unclear what’s next for Indianapolis, which hosted its first Super Bowl in 2012. Organizers said it’s simply too early to consider going for another Super Bowl. It seems bidding next year for the 2019 game is off the table.
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Indianapolis loses Super Bowl bid to Minneapolis and its new stadium

May 20, 2014
Bloomberg News, Anthony Schoettle
Despite having what several NFL executives said was the strongest proposal, Indianapolis lost out on hosting the 2018 championship game to a city with a new, $975 million stadium in the wings.
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NFL owners to consider expansion of playoffs

May 20, 2014
Bloomberg News
In addition to deciding which city will host the 2018 Super Bowl, National Football League owners on Tuesday will try to determine whether to add two more teams to the playoffs.
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Indy an underdog in final push to capture 2018 Super Bowl

May 20, 2014
Anthony Schoettle
New Orleans has emerged as the front runner to host the Super Bowl in 2018 due to its tricentennial celebration and the fact that this could be 87-year-old Saints owner Tom Benson's last crack at hosting the big game.
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Irsay to pump Indy's Bowl bid, refuses to discuss March arrest

May 19, 2014
Anthony Schoettle
When ESPN’s Sal Paolantonio offered Indianapolis Colts owner Jim Irsay the chance to apologize to the Colts team and fans, he refused to bite.
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Bid says 2 new hotels possible before 2018 Super Bowl

May 7, 2014
Anthony Schoettle
The city on Wednesday turned in a 900-page bid to host the 2018 Super Bowl that mentions the possibility of two new downtown hotels. Meanwhile, a Colts official said owner Jim Irsay plans to help lobby for the city's bid at the May 19-21 NFL owners meeting.
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Seahawks’ Wilson overtakes Manning in NFL product sales

April 28, 2014
Bloomberg News
Former Colts quarterback Peyton Manning has been passed as the top National Football League player when it comes to merchandise sales. Two Colts rank among the top 50.
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MORTON: Indy's road to Oz will end soon for sports team owners

April 26, 2014
David B. Morton
The seemingly endless yellow brick road to Oz, or what residents of central Indiana have come to accept as privately owned professional sports franchises seeking financial sustenance to build and upgrade, is nearing a tipping point of practical expenditures.
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Colts to open season against Manning's Broncos

April 23, 2014
Associated Press
Indianapolis will open this season at AFC champion Denver in a Sunday night NFL showdown pitting quarterback Peyton Manning against his former team.
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CIB OKs Pacers subsidy after promise of no additional taxes

April 14, 2014
Anthony Schoettle
The city’s Capital Improvement Board on Monday afternoon unanimously approved a $160 million, 10-year finance package to the Indiana Pacers for the operations of Bankers Life Fieldhouse.
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Colts owner Irsay's court hearing delayed

March 25, 2014
Associated Press
The Hamilton County Prosecutor's Office issued a statement Tuesday saying the hearing was postponed "unless or until" formal charges are filed against him.
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Irsay arrest spurs talk of Colts succession planRestricted Content

March 22, 2014
Anthony Schoettle
Indianapolis Colts owner Jim Irsay gave a clear signal in 2012 about his long-term succession plan by naming his three daughters vice chairwomen and co-owners. His March 16 arrest might hasten the launch of that plan, or at the very least give Colts fans a glimpse of what it will look like.
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Colts owner enters treatment center following arrest

March 18, 2014
Associated Press
Jim Irsay's family says the Indianapolis Colts owner has placed himself in health care treatment following his arrest on preliminary charges of driving while intoxicated and possession of a controlled substance.
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Irsay arrest may bring NFL punishment, sharpen scrutiny on bowl bid

March 17, 2014
Anthony Schoetle
The drug-related arrest of Indianapolis Colts owner Jim Irsay could bring repercussions from the National Football League and might play a factor in the city's bid for the 2018 Super Bowl.
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NFL wild-card games deliver big weekend numbers

January 6, 2014
Associated Press
Four games averaged 34.7 million viewers for the most-watched wild-card weekend on record. The Colts-Chiefs game was one of the highest rated ever among early-Saturday wild-card contests.
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Bengals join Packers, Colts with sellout preventing blackouts

January 3, 2014
Bloomberg News
All four of the National Football League’s wild-card playoff games will be televised in their host team’s local market after corporate support helped ensure sellouts.
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UPDATE: Colts get extension on TV blackout

January 2, 2014
Anthony Schoettle
If the Colts don't sell out their first-round playoff game by 4:35 p.m. Friday, NFL officials say they will pull the Saturday broadcast from the central Indiana television market.
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NEWSMAKERS: Andrew Luck

December 28, 2013
Anthony Schoettle
After starting every game as quarterback for the Indianapolis Colts during an 11-5 rookie season in 2012, Andrew Luck was a hot commercial commodity heading into 2013.
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Former Colt Saturday seeks 'jock tax' refund from Cleveland

December 4, 2013
Mason King
Jeff Saturday has filed suit against the city of Cleveland, fighting a so-called "jock tax" that he contends unfairly dinged him during his playing days as an Indianapolis Colt.
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Colts to remain with Jim Irsay after divorce

November 21, 2013
 IBJ Staff
Jim and Meg Irsay announced on Thursday that they had mutually agreed to end their 33-year marriage, and that Jim would maintain 100-percent ownership of the Indianapolis Colts, estimated to be worth $1.2 billion.
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Colts' victory over Broncos reaps ratings bonanza in Indianapolis

October 21, 2013
 IBJ Staff
At one point, about 80 percent of the households in Indy watching TV Sunday night were tuned to Peyton Manning's spoiled homecoming.
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  1. By Mr. Lee's own admission, he basically ran pro-bono ads on the billboard. Paying advertisers didn't want ads on a controversial, ugly billboard that turned off customers. At least one of Mr. Lee's free advertisers dropped out early because they found that Mr. Lee's advertising was having negative impact. So Mr. Lee is disingenous to say the city now owes him for lost revenue. Mr. Lee quickly realized his monstrosity had a dim future and is trying to get the city to bail him out. And that's why the billboard came down so quickly.

  2. Merchants Square is back. The small strip center to the south of 116th is 100% leased, McAlister’s is doing well in the outlot building. The former O’Charleys is leased but is going through permitting with the State and the town of Carmel. Mac Grill is closing all of their Indy locations (not just Merchants) and this will allow for a new restaurant concept to backfill both of their locations. As for the north side of 116th a new dinner movie theater and brewery is under construction to fill most of the vacancy left by Hobby Lobby and Old Navy.

  3. Yes it does have an ethics commission which enforce the law which prohibits 12 specific items. google it

  4. Thanks for reading and replying. If you want to see the differentiation for research, speaking and consulting, check out the spreadsheet I linked to at the bottom of the post; it is broken out exactly that way. I can only include so much detail in a blog post before it becomes something other than a blog post.

  5. 1. There is no allegation of corruption, Marty, to imply otherwise if false. 2. Is the "State Rule" a law? I suspect not. 3. Is Mr. Woodruff obligated via an employment agreement (contractual obligation) to not work with the engineering firm? 4. In many states a right to earn a living will trump non-competes and other contractual obligations, does Mr. Woodruff's personal right to earn a living trump any contractual obligations that might or might not be out there. 5. Lawyers in state government routinely go work for law firms they were formally working with in their regulatory actions. You can see a steady stream to firms like B&D from state government. It would be interesting for IBJ to do a review of current lawyers and find out how their past decisions affected the law firms clients. Since there is a buffer between regulated company and the regulator working for a law firm technically is not in violation of ethics but you have to wonder if decisions were made in favor of certain firms and quid pro quo jobs resulted. Start with the DOI in this review. Very interesting.

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