Titans reveal 1/3 of team is for sale

Tennessee Titans controlling owner Amy Adams Strunk revealed Tuesday that one-third of the team is for sale.

Susie Adams Smith is beginning the process of selling her share of the team, and the Titans will not interfere with her decision, Strunk said.

Here is the statement:

Recently Susie (Smith) began the process of selling her portion of KSA Industries, which includes a fractional indirect interest in the Tennessee Titans. We respect her right to make this decision and will cooperate fully with the process, which will not impact team operations in any way.
Regardless of the outcome of this process, I will continue to serve as the controlling owner of the Titans. The remaining two-thirds of the team controlled by myself, Kenneth Adams IV, Barclay Adams and Susan Lewis is not and has never been for sale.
Both personally and as a group, we have invested time, effort, and capital to improve this franchise and we are excited to see the results on and off the field for years to come.

Strunk took over as controlling owner in 2015, also serving as the co-chairman of the team's board of directors.

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