INDIANAPOLIS -- The next generation of Colts ownership has been made official.
The Colts on Monday announced their ownership reorganization in the wake of longtime owner Jim Irsay's death last month.
In accordance with their father's wishes, Irsay's three daughters have assumed co-ownership of the team, with each getting respective roles within the franchise.
Eldest daughter Carlie Irsay-Gordon will assume the role of owner and CEO and has been designated principal owner. NFL bylaws require that teams designate a single principal owner even in scenarios where franchises are under family control.
Casey Foyt will be owner and executive vice president while youngest sister Kalen Jackson will be owner and chief brand officer.