Indianapolis Colts owner, Jim Irsay, is currently undergoing treatment for a severe respiratory illness, team officials announced on Tuesday. As a result, Irsay will be unable to perform with his band in Los Angeles later this week.

The news comes just three days after the Colts' playoff hopes were dashed with a 23-19 loss to the Houston Texans, ending their season. The team stated that Irsay is receiving excellent care and is expected to return to the stage as soon as possible. They also requested privacy for Irsay and his family during his recovery.

Irsay, who took over the day-to-day operations of the team in 1995, has been a significant figure in the Colts organization. He assumed leadership after his father, Robert, suffered a stroke. Following his father's passing in 1997, Irsay won a legal battle to retain ownership of the franchise.

Having been part of the team since his father acquired the Colts, Irsay has witnessed key moments in the franchise's history. Starting as a ballboy when the legendary John Unitas was still playing in Baltimore, Irsay's involvement grew as the Colts moved to Indianapolis in 1984. At the age of 25, he became the league's youngest general manager.

Under Irsay's guidance, the Colts have enjoyed success on the field, winning one Super Bowl and two AFC titles. However, this season proved to be a disappointment as the team failed to make the playoffs.

In addition to his role with the Colts, Irsay is also known for his passion for music. His band, the Jim Irsay Band, was scheduled to perform in Los Angeles on Thursday as part of the Jim Irsay Collection tour. The tour showcases a unique assortment of pop culture items, including sports memorabilia, musical instruments, and original printed works.

While the fans await Irsay's return to the stage, the Indianapolis Colts community wishes him a speedy recovery from his respiratory illness.