Find out who owns the Indianapolis Colts, the owner's net worth, source of wealth, and ownership history.
The Indianapolis Colts are one of the biggest teams historically when it won three Super Bowls in the early years of the team's formation.
The Indianapolis Colts are members of the American Football Conference South Division. Since the team was established, it has gone through a series of ownership changes. So what are the current people in charge of the team?
Who owns the Indianapolis Colts football team?
Jim Irsay has been the current owner of the Indianapolis Colts since 1997. Jim Irsay's father, Robert Irsay, purchased the team for $12 million in 1972 from the team's original owner, Carroll Rosenbloom.
Who is Jim Irsay?
Jim Irsay is a businessman and the principal owner of the Indianapolis Colts. He inherited the franchise from his father following his passing.
He began as vice president/general manager of the team from 1984 to 1996.
Net worth: According to Forbes, Jim Irsay has a net worth of $4.8B. His earnings primarily come from the ownership of the Indianapolis Colts.
Source of wealth
Indianapolis Colts
Jim Irsay's source of wealth is primarily the Indianapolis Colts franchise, which he inherited from his father. According to figures from Forbes, the team is valued at
He has been part of the team growing up and eventually went on to hold a significant position in the team when he was appointed as the vice president/general manager.
What is Jim Irsay's impact on the Indianapolis Colts as owner?
Success in the NFL and Super Bowl win.
Since he assumed ownership of the team in 1997, the team has witnessed successes in many areas. Statistics show that the Indianapolis Colts have won over 10 division titles and have made the playoffs up to 18 times appearances. The team's ultimate prize was winning the Super Bowl XLI.
More statistics also revealed that the team successfully recorded 115 wins in the regular season from 2000 to 2009, which sets the team and establishes the record as the second team to achieve this in a decade in the NFL.
Move to the Lucas Oil Stadium.
The Indianapolis Colts moved to the Lucas Oil Stadium in 2008 upon its completion in the middle part of that year.
Lucas Oil Stadium is a multi-purpose stadium that has a seating capacity of 63,000, which can be expanded to 70,000. The stadium was built at a construction cost of US$720 million.
Indianapolis Colts ownership history
Carroll Rosenbloom (1953–1972)
Carroll Rosenbloom was the original owner of the Indianapolis Colts. He was awarded the NFL franchise in 1953 alongside a group of investors.
Rosenbloom became the principal owner. In his first season, he was able to make smart moves and made some valuable player trades to strengthen the team.
He then went on to hire a new coach who took charge of the team and eventually won some conference titles. In 1958, he led the team to win the NFL Championship.
In the following season, the Indianapolis Colts went on to win another NFL championship to become one of the few teams with consecutive titles in the early years of the league.
Robert Irsay (1972–1997)
Robert Irsay was the second owner of the Indianapolis Colts NFL franchise, then the Baltimore Colts. He acquired the team after swapping franchises with the previous owner, Carroll Rosenbloom.
He later moved the team to Indianapolis and renamed the team to the Indianapolis Colts.