How Irsay’s daughters carved out big roles with Colts and could handle succession

·45 min·4 clips

Three Irsay daughters, co-owners of the $4.8 billion Colts, are positioned to succeed their father Jim Irsay.

The episode opens by framing the Indianapolis Colts as a $4.8 billion family-owned business and introduces Jim Irsay's three daughters as successors. Host Mason King welcomes IBJ reporter Mickey Shuey, who covers the business of sports. Shuey mentions IBJ's new podcast, Beyond Clarkonomics, about Caitlin Clark's impact. The conversation then focuses on Jim Irsay's passing and the clear succession outline. Carly Irsay-Gordon, 44, is deeply involved in football operations, has represented the team at NFL meetings, and is expected to become controlling owner. Kaylin Jackson, 37, oversees philanthropy and mental health initiatives like Kicking the Stigma. Casey Foyt, 42, manages community relations and marketing. The NFL requires teams to file annual succession plans, and family transfers don't need owner votes. Excerpts from past IBJ interviews with Carly and Kaylin are played. Carly discusses applying her psychology doctorate to football and fan experience. Kaylin talks about growing up as an Irsay, her career path, and launching Kicking the Stigma due to family mental health struggles. Colts defensive tackle DeForest Buckner shares observations of Carly's daily involvement. The episode addresses Jim Irsay's health battles and how Carly's leadership style may differ. Sports consultant Mark Gannis notes Carly will empower football decision-makers rather than micromanage. Business challenges include international expansion, potential Lucas Oil Stadium upgrades, and development near the stadium. Estate tax issues are discussed, with a possible 40% federal tax on Irsay's estate. Options like selling minority stakes to private equity or adding investors are mentioned. Succession attorney Katie Charleston notes potential for conflict but expects a smooth transition due to planning and family closeness. The episode concludes with training camp details and other IBJ story previews.

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