Jim Irsay

Last updated

Jim Irsay
Jim Irsay 2022 (cropped).jpg
Irsay in 2022
Indianapolis Colts
Position:Owner & CEO
Personal information
Born:June 13, 1959 (1959-06-13) (age 65)
Lincolnwood, Illinois, U.S.
Career information
High school: Loyola Academy
(Wilmette, IL)
College: Southern Methodist
Career history
As an executive:
Career highlights and awards

James Irsay (born June 13, 1959) is an American businessman and the principal owner, chairman, and CEO of the Indianapolis Colts of the National Football League (NFL).

Contents

The son of businessman Robert Irsay (1923–1997), who acquired the Baltimore franchise in 1972 for $12 million and moved them to Indianapolis in 1984, Irsay was general manager of the Colts from 1984 to 1996.

Early life and education

Irsay was born in Lincolnwood, Illinois, the son of Harriet (née Pogorzelski) and Chicago businessman Robert Irsay. [1] His father was from a Hungarian Jewish [2] family and his mother was the daughter of Polish Catholic immigrants. Irsay was raised Catholic, and did not know about his father's Jewish heritage until he was fourteen. [3] [4] Jim's brother, Thomas Irsay, was born with a mental disability and died in 1999, and his sister, Roberta, died in a car accident in 1971.

Irsay's father, Robert Irsay, built a fortune estimated to be over $150 million as a successful heating and air-conditioning contractor. [5]

Irsay attended high school at Loyola Academy in Wilmette, Illinois, a suburb just north of Chicago; [6] and at Mercersburg Academy '78, Mercersburg, Pennsylvania. After high school, he attended, and graduated from, Southern Methodist University in 1982 with a Bachelor of Arts degree in broadcast journalism. [6] Irsay played linebacker for the SMU Mustangs football team as a walk-on, [7] but an ankle injury ended his playing career. [8]

Irsay boxed, played golf, and lifted weights in his younger years. [8]

Career

Irsay was 12 years old when his father, Robert Irsay, acquired the Baltimore Colts, after initially purchasing the Los Angeles Rams for $12 million and immediately swapping franchises with Colts owner Carroll Rosenbloom. He spent time around the team as a youth, including serving as an on-field ball boy and working in the ticket office helping to answer the phones. [9]

After graduating from SMU in 1982, he joined the Colts' professional staff. [6] Irsay was initially given an orientation in all facets of the administrative and football operations of the Colts before being added to the personnel department ahead of the 1983 season. [6] His initial duties included college scouting and breaking down of film in addition to administrative tasks. [6]

He was made part of the team's personnel department in 1983. He was named vice president and general manager in early 1984, immediately after the Colts relocated from Baltimore to Indianapolis. [8] At age 24 he was the youngest to ever hold the title of general manager in the NFL. [10]

After his father suffered a stroke in 1995, Jim assumed day-to-day management of the club, [10] with the modified title of "senior executive vice president, general manager and chief operating officer". When his father died in 1997, Jim engaged in a legal battle with his stepmother over ownership of the team and later became the youngest NFL team owner at 37.

According to Pro Football Reference, the 258 wins are the fourth-most in the NFL over that time frame. [11] The team has won 10 division titles, made the playoffs 18 times, appeared in two Super Bowls and won Super Bowl XLI. [12] [13] Indianapolis won 115 regular season games from 2000 to 2009, which is the second-most in a decade by any NFL team. [14] [15]

Since joining the organization in 1984, Irsay has worked with numerous Pro Football Hall of Fame coaches, players and executives, including Eric Dickerson (Pro Football Hall of Fame class of 1999), Marshall Faulk (2011), Bill Polian (2015), Tony Dungy (2016), Marvin Harrison (2016), Edgerrin James (2020) and Peyton Manning (2021). [16]

In 2009, Irsay was vocal about preventing a group that included talk-show host Rush Limbaugh from purchasing the St. Louis Rams. "I, myself, couldn't even consider voting for him," Irsay said at an NFL owners meeting. "When there are comments that have been made that are inappropriate, incendiary and insensitive... our words do damage, and it's something we don't need", [17] referring to comments Limbaugh made about Donovan McNabb in 2003, condemned as racist, when he was an NFL commentator for ESPN. Irsay has made political contributions to John Edwards and Harry Reid.

In October 2022 at a National Football League owner's meeting, Irsay said he believed "that there's merit to remove Daniel Snyder as the owner of the Washington Commanders" amid calls for Snyder to sell the franchise. [18]

Irsay came under scrutiny in November 2022 when he fired Colts head coach Frank Reich after a 3–5–1 start to the season and replaced him with former Colts player Jeff Saturday as interim head coach. Saturday previously had no coaching experience beyond the high school football level, and was employed as an NFL analyst for ESPN at the time of his hiring. [19] [20]

Philanthropy

Irsay and his family have donated to various projects and programs across Indiana, including the Irsay Family YMCA, [21] [22] the downtown Indianapolis Colts Canal Playspace, [23] Riley Hospital for Children, [24] [25] Wheeler Mission Center for Women & Children, [26] Indiana University's Irsay Research Institute [27] and many others.

On November 20, 2022, Irsay donated $1 million to the Indianapolis Zoo. The zoo is currently undergoing a renovation and the gift will assist with the building of a new Indianapolis Colts Welcome Center Plaza. [28] The project is set to be complete by Memorial Day 2023. [29] [30] [31] [32]

In late 2020, the Irsay family launched Kicking The Stigma, which is dedicated to "raise awareness about mental health disorders and to remove the shame and stigma too often associated with these illnesses." [33] The foundation has numerous partner organizations, including Mental Health America of Indiana, [34] National Alliance on Mental Illness of Greater Indianapolis, [35] Project Healthy Minds [36] and Bring Change to Mind. [37] As of late 2022, Kicking The Stigma had committed more than $17 million (through action grants and personal donations by the Irsay family) towards its initiatives. In 2022, a total of $1.4 million in action grants were distributed to 23 nonprofits and organizations in the mental health sector. [38] In 2021, the action grants totaled $2.7 million and were gifted to 16 groups. [39]

In December 2021, the Irsay family donated $3 million to Indiana University to create a research institute dedicated to studying mental health and the stigma associated with it. [40] The donation was an extension of Kicking The Stigma. Named the Irsay Family Research Institute, [41] the center will be located on IU's Bloomington campus in Morrison Hall. Some of the focuses of the center will be providing support for research, analyzing sociomedical sciences, advancing more graduates trained in the mental health field and promoting mental health more locally and nationally. [42]

Irsay has been a staunch supporter of former Colts head coach Chuck Pagano, who beat acute promyelocytic leukemia after being diagnosed in September 2012. Pagano, who was head coach of the team from 2012 to 2017, hosts his Chuckstrong Tailgate Gala every year in Indianapolis. Since 2012, the galas have raised more than $12 million for research at the Indiana University Melvin and Bren Simon Comprehensive Cancer Center, [43] where Pagano received treatment. [44] The gala has been hosted at the Colts' Indiana Farm Bureau Football Center [45] as well as Jim Irsay's house. In 2021, Irsay hosted the gala at his house and donated $2 million to the IU cancer research after Pagano made a free throw for $1 million and 10 layups for $100,000 apiece on Irsay's basketball court. [46]

On March 30, 2023, the Miami Seaquarium announced that Lolita, the park's sole captive orca, would be returned to her natal waters in the Pacific Northwest. [47] [48] Irsay was involved in bankrolling the necessary funds to relocate and release Lolita and her pacific white-sided dolphin companions, Li'i and Loke. The process of moving the animals was expected to take between 18 and 24 months and cost an estimated $15–20 million, the majority of which would be bankrolled by Irsay. [49] Lolita died on August 18, 2023, before this could be accomplished.

Personal life

Irsay married Meg Coyle in 1980, and the couple have three daughters, Carlie Irsay-Gordon (born c. 1981), Casey Foyt (born 1983), and Kalen Jackson, as well as 10 grandchildren. After being separated since 2003, Meg filed for divorce on November 21, 2013. [50]

On March 16, 2014, Irsay was arrested under suspicion of Driving Under the Influence and drug possession in Carmel, Indiana. [51] [52] Irsay had multiple bottles of prescription medication and more than $29,000 in cash in his car at the time of his arrest, with prosecutors claiming that Irsay tested positive for oxycodone and hydrocodone in his system. [53] Multiple felony charges were subsequently pleaded down to a pair of misdemeanors. [53]

Irsay's daughter, Carlie, took over the day-to-day operations of the Colts while he was in rehab. [54] On September 2, 2014, shortly after pleading guilty to operating while intoxicated and being sentenced to one year of probation, Irsay was suspended by the NFL for six games and fined $500,000. [55] In a 2023 interview on Real Sports , Irsay bizarrely claimed he had been arrested because "I am prejudiced against because I’m a rich, white billionaire." [56]

In a report released by TMZ in January 2024, and repeated and partially verified by other news outlets, Irsay was found unresponsive and struggling to breathe at home and was taken to the hospital on December 8, 2023. He received a dose of Narcan, a medicine that reverses an opioid overdose. [57] [58] [59]

The Jim Irsay Collection

Outside football, Irsay has made significant investments in music and memorabilia with The Jim Irsay Collection. [60] In 2001 Irsay purchased the original manuscript of On the Road , or "the scroll": a continuous, one hundred twenty-foot scroll of tracing paper sheets that Jack Kerouac cut to size and taped together, for $2.43 million. On May 5, 2018, he purchased an original printing of the 1939 book Alcoholics Anonymous with notes handwritten by the author Bill Wilson, cofounder of AA, for $2.4 million at auction. [61]

In 2021, Guitar Magazine characterized Irsay as the owner of "the greatest guitar collection on Earth." [62]

Irsay has purchased guitars originally owned by Elvis Presley, [63] George Harrison, John Lennon, Paul McCartney, Jerry Garcia ("Tiger"), [63] Prince, Les Paul's 1954 Black Beauty [64] and other notable performers. [65] His purchases have set records: in 2014 he bought the electric guitar that Bob Dylan played at Newport for just under US$1 million [66] and in 2017 he paid US$2.2 million for a Ludwig drum set belonging to Ringo Starr. [67] On June 20, 2019, Irsay paid a record $3.975 million for a guitar, known as The Black Strat, formerly owned by Pink Floyd guitarist David Gilmour. [68] On May 23, 2022, Irsay paid a record $4.6 million for the 1969 Fender Mustang played by Nirvana's Kurt Cobain in the music video for "Smells Like Teen Spirit." [69] In 2023, Irsay acquired the saddle used by Secretariat when he won the American Triple Crown in 1973. [70] [71]

The Jim Irsay Band

Irsay performs with his own all-star band, The Jim Irsay Band, and has hosted free concerts across the country in Nashville, Tenn., [72] [73] Washington, D.C., [74] [75] Austin, Tex., [76] [77] Los Angeles, [78] [79] New York City, [80] [81] [82] [83] Chicago, [84] [85] Indianapolis, [86] [87] [88] San Francisco [89] [90] [91] and eventually Las Vegas. [92] [93] Among the artists that have performed with the band are singer-songwriter John Mellencamp, guitarist/singer Buddy Guy, singer-songwriter John Hiatt, guitarist Mike Wanchic, bassist Mike Mills, guitarist Tom Bukovac, guitarist Kenny Wayne Shepherd, drummer Kenny Aronoff, keyboardist Michael Ramos and Rock and Roll Hall of Fame singer Ann Wilson among others. [84] Pieces from The Jim Irsay Collection travel with the band and are on display.

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References

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  71. ↑ "Irsay buys saddle used in secretariats triple crown". www.bloodhorse.com. Retrieved February 27, 2023.
  72. ↑ "The Jim Irsay Collection: Nashville Event". www.jimirsaycollection.com. Retrieved February 6, 2023.
  73. ↑ Stephenson, Jemma. "Colts owner Jim Irsay to display artifacts from Bob Dylan, The Beatles ahead of Titans game". The Tennessean. Retrieved February 3, 2023.
  74. ↑ "Jim Irsay hosting reception to showcase collection in Washington, D.C. Nov. 2". wthr.com. October 28, 2021. Retrieved February 3, 2023.
  75. ↑ "The Jim Irsay Collection visits Washington D.C." www.jimirsaycollection.com. Retrieved February 3, 2023.
  76. ↑ "The Jim Irsay Collection Visits Austin, TX". www.jimirsaycollection.com. Retrieved February 3, 2023.
  77. ↑ "Jim Irsay: The NFL owner marching to his own beat". www.ballysports.com. April 13, 2022. Retrieved February 6, 2023.
  78. ↑ "Los Angeles". www.jimirsaycollection.com. Retrieved February 3, 2023.
  79. ↑ Baltin, Steve. "Exclusive: Jim Irsay To Celebrate Jack Kerouac's Hundredth Birthday In L.A. With Cameron Crowe, R.E.M.'s Mike Mills, ZZ Top's Billy Gibbons And More". Forbes. Retrieved February 6, 2023.
  80. ↑ "New York City". www.jimirsaycollection.com. Retrieved February 6, 2023.
  81. ↑ "Jim Irsay Brings His Iconic Memorabilia Collection to New York". Cheddar. June 17, 2022. Retrieved February 6, 2023.
  82. ↑ Powell, Alicia (June 3, 2022). "Billionaire's sports and music memorabilia collection on display in New York". Reuters. Retrieved February 6, 2023.
  83. ↑ "NFL Owner Irsay Takes $100 Million Memorabilia Collection on Tour". Bloomberg.com. June 2, 2022. Retrieved February 6, 2023.
  84. 1 2 Argyrakis, Andy (August 3, 2022). "Collection and Jim Irsay Band with Heart, R.E.M. members, Buddy Guy, KWS impress Navy Pier". Chicago Concert Reviews. Retrieved February 3, 2023.
  85. ↑ "Chicago". www.jimirsaycollection.com. Retrieved February 3, 2023.
  86. ↑ Appleton, Rory (September 10, 2022). "Mellencamp tops star-studded performances at Colts' fan appreciation night" . The Indianapolis Star . Retrieved February 3, 2023.
  87. ↑ "Indianapolis". www.jimirsaycollection.com. Retrieved February 6, 2023.
  88. ↑ Robertson, Derek (January 30, 2022). "Jim Irsay Is On The Road Again". Indianapolis Monthly. Retrieved February 6, 2023.
  89. ↑ "The Jim Irsay Collection and All-Star Band Are Coming to San Francisco". www.jimirsaycollection.com. Retrieved February 3, 2023.
  90. ↑ "San Francisco". www.jimirsaycollection.com. Retrieved February 6, 2023.
  91. ↑ Homayun, Omaid. "Jim Irsay Is Bringing His Rock Concert And Historical Collection To San Francisco". Forbes. Retrieved February 3, 2023.
  92. ↑ "The Jim Irsay Collection". www.jimirsaycollection.com. Retrieved February 6, 2023.
  93. ↑ Radke, Brock (February 27, 2023). "Indianapolis Colts owner Jim Irsay brings his concert and collection to Las Vegas - Las Vegas Sun Newspaper". lasvegassun.com. Retrieved February 27, 2023.

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