Indianapolis, IN – In a monumental announcement that has sent shockwaves through the National Football League and ignited a fervor among the faithful of the Horseshoe, the Indianapolis Colts organization has officially declared a new era of leadership. Following the passing of long-time owner and CEO Jim Irsay, his three daughters—Carlie Irsay-Gordon, Casey Foyt, and Kalen Jackson—have assumed control of the franchise. Carlie Irsay-Gordon will serve as Owner and CEO, Casey Foyt as Owner and Executive Vice President, and Kalen Jackson as Owner and Chief Brand Officer. This transition, which was part of Jim Irsay’s longstanding succession plans, ensures the team remains one of the few NFL franchises under sole family ownership.
Adding to this historic shift, the Irsay family has also confirmed that Peyton Manning, the legendary quarterback and long-time face of the franchise, will return to the organization in 2025 as a co-owner. This full-circle moment brings one of the most iconic figures in sports history back into the fold of the team he led to unprecedented heights, now under the stewardship of the next generation of Irsay leadership.
The news, delivered this morning from the Colts’ headquarters, was met with immediate and widespread jubilation. For years, fans and pundits alike have speculated about a potential return for Manning in some capacity, but few dared to dream of an ownership stake. This decision solidifies Manning’s enduring legacy with the Colts and promises a new era of collaborative leadership and vision for the franchise.
Carlie Irsay-Gordon, speaking with a clear and resolute voice, addressed the media. “This transition is both deeply emotional and incredibly empowering for our family,” she stated. “My father, Jim Irsay, dedicated his life to this team and this community. His vision, his passion, and his unwavering commitment to the Colts will forever be the bedrock upon which we build. Casey, Kalen, and I have been involved in the organization for many years, learning from the best, and we are fully prepared to carry forward his legacy with the same dedication and love for the Horseshoe. To have Peyton Manning join us in this journey as a co-owner is an immense privilege and a testament to the strong bonds that define the Colts family.”
Casey Foyt added, “We grew up in this organization, watching our father pour his heart and soul into it. We understand the immense responsibility that comes with this ownership, not just to the team, but to the fans and the city of Indianapolis. Our commitment is to continue the tradition of excellence, innovation, and community engagement that our father championed. Peyton’s insights and experience will be invaluable as we navigate the future.”
Kalen Jackson, emphasizing the team’s connection to the community, remarked, “The Colts are more than just a football team; they are a vital part of Indiana’s identity. We are dedicated to building on our philanthropic efforts, like ‘Kicking the Stigma,’ and ensuring the Colts remain a force for good in our community. Having Peyton by our side, a true icon who understands the heart of this franchise, will only amplify our ability to make a positive impact, both on and off the field.”
Manning, who spent 14 seasons with the Colts, revolutionized the quarterback position and led the team to two Super Bowl appearances, including a victory in Super Bowl XLI. His meticulous preparation, unparalleled football IQ, and leadership transformed the Colts into a perennial contender and made Indianapolis a true NFL city. After his playing career, which concluded with another Super Bowl win with the Denver Broncos, Manning remained a beloved figure, often seen at Colts games and involved in various charitable endeavors in the community. His post-playing career has seen him become a highly successful media personality, entrepreneur, and philanthropist, further burnishing his already sterling reputation.
“This is an incredible honor and a dream come true, especially at such a significant moment for the Colts organization,” Manning stated, his characteristic grin lighting up the room. “The Indianapolis Colts have always held a special place in my heart. The Irsay family, the fans, and the entire community embraced me from day one, and I’ve always considered Indianapolis my true football home. To be able to contribute to the future of this organization, alongside Carlie, Casey, and Kalen, is a privilege I don’t take lightly. I’m excited to bring my passion for football, my experience, and my dedication to excellence to this new role. We’re going to work tirelessly to build on the foundation already in place and bring more championships to this city.”
The exact terms of the co-ownership agreement were not immediately disclosed, but sources close to the organization indicate it involves a significant equity stake for Manning and a hands-on role in strategic decision-making. While Manning will not be involved in day-to-day coaching or personnel moves, his influence is expected to be substantial, particularly in areas of player development, team culture, and community engagement. His role will complement the executive leadership provided by the Irsay sisters, creating a powerful and dynamic ownership group.
Manning’s return, coupled with the formalization of the Irsay daughters’ leadership, is expected to have a multifaceted impact on the Colts. From a football operations standpoint, Manning’s presence offers an invaluable resource for current and future players. His understanding of the game, developed over decades at the highest level, is unparalleled. Young quarterbacks, in particular, will benefit immensely from his mentorship and insights. While he won’t be on the practice field every day, his strategic input during planning sessions and his availability for one-on-one discussions with players and coaches will be a game-changer. This mentorship will be a cornerstone of the new leadership’s commitment to player excellence.
Beyond the locker room, the marketing and fan engagement implications are enormous. Manning remains one of the most marketable and beloved figures in American sports. His association with the Colts as an owner will undoubtedly boost season ticket sales, merchandise revenue, and overall brand appeal. The “Peyton Manning effect” is real, and its re-ignition in Indianapolis, alongside the fresh energy of the Irsay daughters, is poised to create an unprecedented wave of enthusiasm. Fans, who have long revered him, now have a tangible connection to their hero at the highest level of the organization, working hand-in-hand with the family that has stewarded the team for decades.
“We believe Peyton’s unique perspective, his deep understanding of what it takes to win, and his unwavering commitment to the community will be invaluable as we continue to grow and evolve as an organization,” said Colts General Manager Chris Ballard, who was also present at the announcement. “His voice will carry immense weight, and his vision will help shape our future. This is a strategic move that strengthens us at every level, and it perfectly aligns with the leadership and vision that Carlie, Casey, and Kalen bring to the table.”
The transition of ownership to Jim Irsay’s daughters is not a sudden shift but the culmination of years of preparation and their active involvement in the franchise. Carlie Irsay-Gordon has represented the Colts at NFL meetings since 2004 and has been involved in various league committees, including the Media Owned & Operated Committee and the 32 Equity Committee. Her deep understanding of the league’s business operations and strategic direction positions her perfectly as CEO. Casey Foyt, who joined the Colts in 2007, has focused on marketing and community relations, playing a key role in revitalizing the Indianapolis Colts Women’s Organization and planning major fundraising events. Her expertise in fan engagement will be crucial in fostering the team’s connection with its loyal fanbase. Kalen Jackson, who also joined the team in 2010, has overseen the family’s philanthropic initiatives, most notably leading the impactful “Kicking the Stigma” mental health awareness campaign. Her role as Chief Brand Officer and President of the Indianapolis Colts Foundation underscores the organization’s commitment to social responsibility and its powerful brand identity.
This multi-generational leadership, combining the experience of the Irsay sisters with the iconic presence of Peyton Manning, sends a powerful message across the league. It reinforces the Colts’ commitment to excellence and their willingness to invest in top-tier talent, not just on the field but in the front office. It also highlights the unique bond between the Irsay family and their former players, fostering a culture of loyalty and respect that is increasingly rare in professional sports. The continuity of family ownership, now with the added dimension of a beloved former player in an ownership role, sets a compelling precedent.
Speculation about Manning’s involvement with the Colts has been a constant hum since his retirement. He has often been seen on the sidelines, in the owner’s suite, and engaging with fans. His appearances were always met with thunderous applause and chants of “Peyton! Peyton!” This formalization of his role transcends mere nostalgia; it is a profound strategic alignment. Manning’s business acumen, honed through various ventures including Omaha Productions and his numerous endorsements, will be a significant asset in the complex world of NFL ownership. He understands the business of football as intimately as he understands the game itself, a quality that will be highly valued by the new leadership.
The announcement comes at a pivotal time for the Colts, who are looking to build on recent successes and establish themselves as consistent contenders. With a talented young roster and a clear vision for the future, the combined leadership of the Irsay daughters and Manning’s addition provides an extra layer of leadership and an undeniable competitive edge. Their collective presence will undoubtedly attract top talent, both players and coaches, eager to be part of an organization with such distinguished figures at its helm. The emphasis on a strong, unified front from ownership down to the players will be a key factor in future success.
Local businesses and civic leaders in Indianapolis are also celebrating the news. Manning has always been a significant economic driver for the city, and his renewed, deeper involvement, coupled with the Irsay daughters’ continued dedication, is expected to further boost the local economy. Their combined charitable work, through the PeyBack Foundation and the Colts Foundation’s “Kicking the Stigma” initiative, has already had a profound impact on countless lives in Indiana, and their elevated status within the Colts organization will only amplify those efforts.
“This is a win for everyone,” commented Mayor Joe Hogsett of Indianapolis. “The Irsay family’s continued stewardship, now led by Carlie, Casey, and Kalen, combined with Peyton Manning’s return in an ownership capacity, reinforces our city’s identity as a premier sports destination and a place where legends are cherished and empowered. We look forward to working closely with them and the Colts organization to continue building a vibrant and thriving community.” The continuity of the Irsay family’s commitment, now extended through the next generation, ensures stability and a deep-rooted connection to the city.
The path to this co-ownership began years ago with informal discussions between Manning and Jim Irsay, evolving into more serious negotiations over the past year. Jim Irsay had long envisioned his daughters taking over the reins, and their extensive experience within the organization prepared them for these expanded roles. Both parties emphasized the importance of finding a role for Manning that would genuinely leverage his unique talents and commitment, rather than a ceremonial position. The result is a partnership built on mutual respect, shared values, and a collective ambition to bring more Super Bowl trophies to Indianapolis. This strategic alignment ensures that the Colts’ future is guided by a blend of deep family tradition and unparalleled football expertise.
For the current Colts players, the news is inspiring. Imagine a young quarterback or a budding defensive star having the opportunity to pick the brain of Peyton Manning, not just as a former player, but as a part of the ownership group. This level of access and mentorship is virtually unprecedented in the modern NFL. It creates an environment where continuous learning and striving for greatness are not just encouraged but are ingrained in the fabric of the organization, all under the watchful and supportive eyes of the Irsay sisters.
The ripple effect of this announcement will be felt throughout the league. Other franchises will undoubtedly observe the success of this model, potentially leading to similar arrangements with their own retired legends. However, the unique bond between Manning and the Colts, forged over years of shared triumphs and challenges, combined with the seamless family transition, makes this particular partnership truly special and difficult to replicate. It sets a new standard for how legacy and leadership can be intertwined in professional sports.
As the dust settles on this groundbreaking news, one thing is clear: the Indianapolis Colts are entering a new, exciting chapter. With the dedicated leadership of Carlie Irsay-Gordon, Casey Foyt, and Kalen Jackson, and Peyton Manning’s unparalleled football mind and leadership now integrated into ownership, the future of the Horseshoe looks brighter than ever. The legend has returned, and he’s ready to help write the next glorious chapters in Colts history alongside the family that has always been its heart. The roar of the crowd, which once celebrated his touchdowns, will now echo with anticipation for the strategic brilliance he brings to the owner’s box, complementing the visionary leadership of the Irsay daughters. This is more than just an ownership change; it’s a reaffirmation of a powerful legacy, a bold statement about the pursuit of excellence, and a testament to the enduring spirit of the Indianapolis Colts. The 2025 season cannot come soon enough for Colts fans worldwide.
