Colts announce ownership transition from late Jim Irsay to his 3 daughters

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Ownership of the Indianapolis Colts will transition from late owner and CEO Jim Irsay to his daughters, Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson, the Colts announced Monday.

Irsay-Gordon, Foyt and Jackson have served as Colts vice chair/owners since 2012, and will assume new roles and titles, effective immediately. Irsay-Gordon will become owner and CEO, serving as the team’s principal owner; Foyt will become owner and executive vice president; and Jackson will become owner and chief brand officer as well as president of the Indianapolis Colts Foundation.

Irsay died peacefully in his sleep on May 21, 2025, at age 65. He had owned the Colts since the death of his father, Robert, in 1997.

Irsay-Gordon stepped in as the Colts’ shot caller when Irsay was arrested for driving while intoxicated in March 2014. She took over when Irsay spent time in a rehab facility and again when the NFL suspended him six games that year for his misconduct. She has been present in the Colts’ war room on draft weekends, has been on the sideline wearing a headset on game days and was heavily involved in the team’s coaching search in 2023, which resulted in the hiring of Shane Steichen.

Irsay set his succession plan in place years ago, telling the league offices that all three of his daughters would eventually take on the team’s ownership on equal footing. “One will hold the vote as principal owner,” Irvay said, “but that doesn’t mean that it can’t rotate.”

“I want them to be who they are,” he told The Athletic of his daughters in 2021. “They’ve known this league since they were in their cribs. They’re intelligent. They’re good listeners. They’re motivated. It’s truly a blessing, and rare that it works out this well.”

General manager Chris Ballard and chief operating officer Pete Ward will remain in place, running day-to-day operations of the organization.

There were never any plans to sell

For some NFL franchises, the death of an owner can spark interest from powerful and wealthy bidders, eager to sink their teeth into a rare investment opportunity. But when Irsay died, the plan was always to keep the franchise in the family and pass the Colts down to his daughters. It was simply a formality for Irsay-Gordon, Foyt and Jackson to take over, and Monday’s announcement was more so about providing clarity of their forthcoming roles than reacting to any earth-shattering news.

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The decision for Irsay-Gordon to step in as the principal owner falls right in line with the position Irsay prepared her for over several years. The eldest of Irsay’s three daughters, Irsay-Gordon will likely shoulder most of the decision-making from a football operations standpoint.

One looming question that shifts from her father to her: Just how much patience does she have for Ballard? The Colts GM is entering his ninth season with the franchise, but through the first eight years, his resume includes only two playoff berths, one postseason win and zero AFC South titles. — James Boyd, Colts staff writer

(Photo of Carlie Irsay-Gordon: Robert Scheer / USA Today via Imagn Images)

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