Jim Irsay

UPDATE: NFL suspends Irsay for 6 games, fines him $500,000

September 2, 2014
 Associated Press and IBJ Staff
Indianapolis Colts owner Jim Irsay has been suspended for six games and fined a maximum $500,000 by the National Football League for violating the league's personal conduct policy, the NFL said Tuesday.
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UPDATE: Irsay pleads guilty to misdemeanor in drug case

September 2, 2014
Associated Press
Colts owner Jim Irsay will be on probation for a year and be required to submit to drug tests. His driver's license has been suspended for one year.
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Change of plea hearing set for Colts owner Irsay

August 29, 2014
Associated Press
A change of plea hearing has been set for Tuesday for Indianapolis Colts owner Jim Irsay, who faces drug-related charges following a March traffic stop.
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Colts' Irsay seeks delay of trial on DWI charges

August 18, 2014
Associated Press
An attorney for Indianapolis Colts owner Jim Irsay filed the request for the continuance Monday. His trial had been scheduled for Aug. 28.
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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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City's bid team revving up for Super Bowl pitch

May 3, 2014
Anthony Schoettle
Indianapolis officials plan to use a downtown light show and $30 million in pre-raised corporate cash to wow the NFL’s team owners into granting the Circle City the title of Super Bowl host for the second time in six years.
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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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Cook heads contingent of Hoosier billionaires on Forbes list

March 4, 2014
 IBJ Staff
Gayle Cook, 80, the widow of Cook Group Inc. founder Bill Cook, saw her net worth skyrocket in the last year.
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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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Four Hoosiers rate among 400 wealthiest in U.S.

September 16, 2013
 IBJ Staff
The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation's wealthiest people, and this time has cracked the top 100.
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Colts-themed restaurant could reopen with Irsay's aid

May 3, 2013
Scott Olson
Indianapolis Colts owner Jim Irsay has pledged to throw the owner of the Blue Crew Sports Grill a lifeline by paying his rent until the football season starts in September.
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Indy team owners pledge $750,000 each to orchestra

December 19, 2012
Associated Press
The donations from Jim Irsay and Herb Simon, combined with a $500,000 challenge grant from symphony board member Yvonne Shaheen, bring the orchestra nearly halfway toward its goal of raising $5 million by Feb. 3.
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Cook again tops list of richest Hoosiers

September 20, 2012
 IBJ Staff and Associated Press
The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.
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Irsay blazing a trail through TwitterRestricted Content

September 17, 2011
Anthony Schoettle
The Indianapolis Colts' Jim Irsay is among only a handful of NFL owners tweeting and has three times as many followers as such high-profile owners as the Dallas Cowboys’ Jerry Jones. His offbeat tweets are seen as marketing genius by some. Others wonder if they ramble a bit too far out of bounds or undermine Irsay's staff.
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Irsay, Simon tie on magazine's world's-richest list

March 10, 2011
 IBJ Staff
In a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th place on Forbes magazine’s annual list of the richest people in the world. Bill Cook and Dean White also made the list.
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Four Hoosiers among richest Americans; Irsay ascends

September 23, 2010
 IBJ Staff
Indianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
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Indianapolis Colts owner Irsay appears in Toyota TV commercial

April 10, 2010
 IBJ Staff
The TV ads are being launched as the Japanese car maker tries to recover from the public relations hit it took following a massive recall earlier this year.
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Irsay joins ranks of nation's wealthiest

October 1, 2009
 IBJ Staff
Indianapolis Colts owner Jim Irsay has joined the ranks of the richest Americans, earning a spot on this year’s Forbes 400 list of the nation’s wealthiest people.
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Colts extend home sell-out streakRestricted Content

June 22, 2009
Anthony Schoettle
Despite a ticket price increase, the terrible economy, and an uncertain season ahead, the Indianapolis Colts have sold out of season tickets, assuring the team will extend its sell-out streak to 97 regular-season home games.
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City gained momentum with Super Bowl bidRestricted Content

May 28, 2007
Andrea Muirragui
Indianapolis' bid to host the 2011 Super Bowl missed by inches, but observers said the city nevertheless scored major points that still could result in a victory. But not without suiting up again.
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Super Bowl hinges on whether owners like Irsay or JonesRestricted Content

May 14, 2007
Anthony Schoettle
Bringing a Super Bowl to Indianapolis might have little to do with weather, hotel rooms or posh practice facilities. The biggest factor is likely to be Indianapolis Colts owner Jim Irsay, and how other National Football League owners feel about him and the contributions he has made to their tight-knit club.
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Super Bowl win not necessarily profitableRestricted Content

January 29, 2007
Anthony Schoettle
If the Indianapolis Colts win the Super Bowl Feb. 4, team owner Jim Irsay will be going deep into his pocket. Contrary to popular belief, winning the Super Bowl is not a huge financial windfall--at least not in the near term for the team and its owner.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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