The three daughters of former Indianapolis Colts owner Jim Irsay—Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson—spoke Tuesday about assuming ownership of the organization after their father's death in late May.

The Indianapolis Colts announced the details of their team ownership transition Monday, following the death of former owner and CEO Jim Irsay. The succession plan set the groundwork for the Irsay family to retain ownership of the franchise.

Irsay-Gordon, the oldest daughter of the late Jim Irsay, will serve as the team’s principal owner, taking over her father’s title as owner and CEO. Foyt becomes owner and executive vice president, and Kalen Jackson becomes owner and chief brand officer, as well as president of the Indianapolis Colts Foundation.