India, May 22 -- Indianapolis Colts owner Jim Irsay died on Wednesday, the NFL franchise announced. He was 65 years old. While the Colts did not reveal Irsay's cause of death, fans posted about his past claims of drug overdose on social media.

"We are devastated to announce our beloved Owner & CEO, Jim Irsay, passed away peacefully in his sleep this afternoon. Jim's dedication and passion for the Indianapolis Colts in addition to his generosity, commitment to the community, and most importantly, his love for his family were unsurpassed," Colts chief operating officer Pete Ward said in a statement released by the team.

Irsay is survived by his daughters Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson, his ex-wife and his daughters' mot...