Colts Resist Private Equity Wave, Eye Stadium Upgrades

0:00It's April 2, I'm Corey with the story, and this is NFL News Today, your AI-powered football briefing. The Indianapolis Colts are holding firm against the private equity wave hitting other NFL teams. Owner Carly Urse Gordon and her sisters, who inherited the franchise from their father Jim Urse, have no plans to sell any shares right now. They've explored the option, but it's not on the agenda at the moment. A major factor is Lucas Oil Stadium, which is nearing 20 years old and badly needs renovations to keep up with modern demands. Carly sees private equity as a potential funding tool if they push forward with those upgrades, calling it a smart way to diversify and inject cash. Leaguewide, owners are eyeing this trend closely, ready to tap in whenever big expenses like stadium work demanded.