(Reuters) - Billionaire James Irsay, owner of the National Football League's Indianapolis Colts, pleaded guilty on Tuesday in a deal with prosecutors to a misdemeanor charge of operating a vehicle while intoxicated.
Irsay, 55, who was arrested in the Indianapolis suburb of Carmel in March after a traffic stop, will be on probation for a year but will not go to jail under the plea agreement. He was sentenced to 60 days in jail with all but two days suspended and was given two days credit after his arrest, the Hamilton County Prosecuting Attorney's Office said in a statement.
Irsay also will be required to provide current prescriptions for medications he is prescribed upon request and to complete a rehabilitation program he has taken part in since March, prosecutors said.
Prosecutors said the agreement was typical for a first-time offense in the county for operating a vehicle while intoxicated. Laboratory tests had detected the pain killers hydrocodone and oxycodone in Irsay's blood, prosecutors said.
In March, police stopped Irsay for driving at a slow pace, stopping in the roadway and failing to signal a turn and arrested him after he failed roadside field-sobriety tests.
He was charged preliminarily with operating a vehicle while intoxicated and four counts of possession of a controlled substance. Irsay checked himself into a healthcare facility after he was released following his arrest.
Irsay was charged formally in May with one count of operating a vehicle while intoxicated and one count of operating a vehicle with a Schedule I or II controlled substance or metabolite in the body, both misdemeanors.
The second count was dropped under the plea agreement.
Forbes magazine lists Irsay's net worth at about $1.7 billion.
(Reporting by David Bailey in Minneapolis; Editing by Bill Trott)