Want To Own A Piece Of The Tennessee Titans? Got $660 Million?

NASHVILLE, TN — One of the owners of the Tennessee Titans is selling her share of the team, but the team says there will be noticeable change to the day-to-day operations of Nashville's NFL team.

Susie Adams Smith is selling her third of KSA Industries, the conglomerate founded by her father, the late K.S. "Bud" Adams. Adams left one-third of the company each to Smith and her sister, Amy Adams Strunk, the team's controlling owner. The final third is split between the heirs of Adams' late son, Kenneth Adams III: Kenneth Adams IV, Barclay Cunningham Adams and Susan Lewis. In addition to the Titans, valued by Forbes as the NFL's 24th most valuable franchise at $2 billion, KSA has petroleum and real estate interests.

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Smith was, upon Bud Adams' death, the controlling owner of the team, and her husband, Tommy, was president. Both were replaced by Strunk in March 2015. In contrast to her father and sister, who were criticized by some as absentee owners who continued to lived and work in Houston, where the Titans were founded as the Oilers, and taking very little interest in the Titans, Strunk has become increasingly visible and available to the media and fans since the takeover.

It is unknown if she intends to buy some or all of her sister's stake.

In any event, the Titans say very little is going to change.

The team has reportedly been at loggerheads with the NFL itself since Bud Adams' death, because league rules require a single controlling owner whereas Bud Adams bequeathed equal shares. The league fined the Titans for non-compliance with the controlling owner requirement in 2015.