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Irsay divorce won’t affect Colts ownership

Indianapolis Colts Release Peyton Manning - News Conference

INDIANAPOLIS, IN - MARCH 07: Indianapolis Colts owner Jim Irsay attends a press conference announcing Manning’s release from the Colts at Indiana Farm Bureau Football Center on March 7, 2012 in Indianapolis, Indiana. (Photo by Joey Foley/Getty Images)

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Colts owner Jim Irsay and his wife of 33 years are divorcing. As explained by Mike Chappell of the Indianapolis Star, the development will not affect the ownership of the team.

Jim Irsay will continue to own and control the Colts franchise.

“After 33 years, we have mutually agreed to end our marriage,” the Irsays said in the release. “Meg will continue to pursue her professional interests and her commitment to our children and grandchildren, while Jim will maintain 100% ownership of the Indianapolis Colts and his other business interests.”

The Irsays have lived apart for more than a decade.