Jim Irsay Biography, Net Worth, Education, Career…

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Jim Irsay is an American businessman who is worth $2.7 billion and has a net worth of that amount. Jim Irsay was born in Lincolnwood, Illinois. He earned a Broadcast Journalism degree from Southern Methodist University in the early 1980s.

His father, Robert Irsay, bought the Baltimore Colts when he was in elementary school. After he graduated from college, he went to work for the team. Two years later, when the couple moved to Indianapolis, he was made Vice President and General Manager.

As his father’s health worsened in 1995, he was promoted to Senior Vice President and General Manager.

Short Bio

Date of Birth: Jun 13, 1959 (63 years old)
Gender: Male
Profession: Businessperson
Nationality: United States of America

Early Life and Education

Jim Irsay was born in Lincolnwood, Illinois. His parents, Harriet (Pogorzelski) Irsay and Robert Irsay, a businessman from Chicago, had him there.  His father came from a Hungarian Jewish family, and his mother was the daughter of Polish Catholic immigrants.

Irsay was raised as a Catholic, and it wasn’t until he was 14 that he found out his father was Jewish.  Thomas Irsay, Jim’s brother, was born with a mental disability and died in 1999. Roberta Irsay, Jim’s sister, died in a car accident in 1971.

Irsay went to high school at Loyola Academy in Wilmette, Illinois, a suburb just north of Chicago, and at Mercersburg Academy in Mercersburg, Pennsylvania, in 1978. He went to Southern Methodist University after high school and got a degree in broadcast journalism there in 1982.

Irsay was a walk-on for the SMU Mustangs football team, where he played linebacker. An ankle injury ended his career, though.

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Biography

James Irsay was born in Lincolnwood, Illinois, on June 13, 1959. His parents were from Hungary and Poland. Jim is a businessman and CEO. He is best known as the owner of the Indianapolis Colts, which is an NFL team. He has also made a few changes to the rules of the league over the years. All of his hard work has helped him get to where he is today.

What’s Jim Irsay’s net worth? Sources say that as of the middle of 2016, his net worth was about $2.3 billion, most of which came from his family’s wealth and investments. He was born into a family that already knew about money and business. It is likely that his wealth will continue to grow as time goes on.

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Career

Irsay was 12 years old when his father, Robert Irsay, acquired the Baltimore Colts, after initially purchasing the Los Angeles Rams, then swapping franchises with Colts owner Carroll Rosenbloom. After graduating from SMU in 1982, he joined the Colts’ professional staff.

He was named Vice President and General Manager in 1984, one month after the Colts relocated from Baltimore to Indianapolis. After his father suffered a stroke in 1995, Jim assumed day-to-day management with the role of Senior Executive Vice President, General Manager, and Chief Operating Officer in April 1996.

jim irsay net worth

When his father died in 1997 Jim engaged in a legal battle with his stepmother over ownership of the team, but later became the youngest NFL team owner at that time at 37.

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 owner’s 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”,[6] referring to comments Limbaugh made about Donovan McNabb in 2003 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

Personal Life

Irsay married Meg Coyle in 1980, and they have three daughters: Carlie, Casey, and Kalen. Meg filed for divorce on November 21, 2013. She had been living apart from her husband since 2003.

Irsay was arrested in Carmel, Indiana, on March 16, 2014, on suspicion of DUI and drug possession.

Bob Kravitz, a sports columnist for The Indianapolis Star, said that Irsay had a long-term drug problem. Later, it came out that Irsay’s mistress, Kimberly Wundrum, had overdosed and died in a house that Irsay had bought with money from the Indianapolis Colts, which was a controversial move.

While Irsay was in rehab, the day-to-day running of the Colts was done by his daughter, Carlie.

On September 2, 2014, Irsay was suspended by the NFL for six games and fined $500,000. This came soon after he pleaded guilty to OWI and was given a year of probation.

jim irsay net worth

Jim Irsay Net Worth

Jim Irsay is an American businessman whose wealth is estimated to be $2.7 billion. Jim Irsay was born in Lincolnwood, Illinois. He earned a Broadcast Journalism degree from Southern Methodist University in the early 1980s. His father, Robert Irsay, bought the Baltimore Colts when he was in elementary school.

After he graduated from college, he went to work for the team. Two years later, when the couple moved to Indianapolis, he was made Vice President and General Manager. As his father’s health worsened in 1995, he was promoted to Senior Vice President and General Manager.

After a year, he became the Baltimore Colts’ Chief Operating Officer. After his dad died, he and his stepmother fought over who would be in charge of the Colts. He won in the end, and at age 37, he was the youngest owner and CEO of an NFL team. Jim Irsay has been struggling with addiction for the past few years.

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Irsay was arrested in March 2014 and charged with driving while intoxicated and four felony counts of having a controlled substance. At the time of his arrest, the police said that Islay failed several field sobriety tests on the side of the road and that they found several pill bottles with Schedule IV drugs in the car.

Islay married Meg Coyle in 1980, and they have three daughters: Carlie, Casey, and Kalen. He is known for often quoting rock music, and he paid $2.43 million for the original manuscript of “On the Road” by Jack Kerouac.

He also bought a drum set from Ringo Starr and guitars from Elvis Presley, John Lennon, Paul McCartney, George Harrison, Jerry Garcia, Bob Dylan, and Prince.

Frequently Asked Questions

Jim Irsay is the current Indianapolis Colts owner as he has been since 1997. His father purchased the Colts franchise, then located in Baltimore, in 1972 when Jim Irsay was 12 years old.
Outside of music, the collection includes signed Presidential artifacts, important original documents from American history like an original ‘Wanted’ poster for John Wilkes Booth, Jackie Robinson’s bat, Paul McCartney’s original “Hey Jude” handwritten studio lyrics, and other historical relics.
He worked in everything from ticket sales to public relations before being named GM in 1984, at 24. Upon his father’s death, Irsay became 100% owner. Since Irsay assumed ownership, the Colts have become noticeably more successful, notching 14 winning seasons (including a Super Bowl win in 2006).
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