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Irsay's divorce to have no effect on Colts ownership

Indianapolis Colts owner Jim Irsay is getting a divorce from his wife, Meg Irsay, a breakup he says won't affect his ownership of the AFC South franchise.

Irsay will maintain 100-percent ownership and voting control of the Colts, a franchise valued at $1.6 billion in Forbes' latest valuation.

Meg Irsay filed for divorce Thursday after being married to Jim Irsay for 33 years.

"After 33 years, we have mutually agreed to end our marriage," the Irsays said a press 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.

"Although the decision to end our marriage is a difficult one, it is the right decision for us and our family. We appreciate your respect for, and understanding of, our privacy."

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Aaron Wilson covers the Ravens for The Baltimore Sun.

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This story originally appeared on Nationalfootballpost.com