Indianapolis Colts owner Jim Irsay has been formally charged with two misdemeanors resulting from his March driving arrest. The Hamilton County prosecutor's office has charged Irsay with one count of operating a vehicle while intoxicated, a C misdemeanor, and one count of operating a vehicle with a schedule I or II controlled substance or its metabolite in the body, also a C misdemeanor. The substances were oxycodone and/or hydrocodone, according to prosecutors. Each charge carries a maximum sentence of 60 days in jail and a $500 fine. Legal experts tell the Indianapolis Star that jail time is unlikely for a first-time offender such as Irsay. An initial hearing is scheduled for June 19. Read more http://espn.go.com/nfl/story/_/id/1...m-irsay-charged-two-misdemeanors-march-arrest