Jim Irsay Arrested for Possession of Controlled Substance

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Jim Irsay, the owner of the Indianapolis Colts, was arrested in Carmel, Indiana Sunday night and charged with OWI and possession of a controlled substances, according to Fox59 in Indiana.

[UPDATE: The Indianapolis Star adds that Irsay was operating a vehicle at the time of his arrest.]

[UPDATE: According to Mike Freeman of Bleacher Report, the personal conduct policy that applies to NFL players also applies owners, as well.]

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