Susie Adams Smith is selling her share of the Titans’ parent company, KSA Industries, which was founded by her late father, Bud Adams, Jason Wolf of the Tennessean reports.

The company includes several businesses in addition to the NFL team, including oil, gas and real estate.

Her sister, Amy Adams Strunk, also owns one-third of the company and will remain the team’s controlling owner.

The Titans released a statement on Tuesday afternoon from Adams Strunk:

“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 go come.”

Earlier today, Titans president and CEO Steve Underwood told Bloomberg: “Amy Strunk before, after and during the sale will remain in full and complete control of Titans operations. Literally nothing will change about our day-to-day operations.”

Forbes valued the Titans at $2 billion in 2016, making Smith’s stake worth approximately $660 million. The Titans are the 24th most-valuable team in the league.

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Sports Illustrated has a complete rundown of all of the Titans 2017 Draft Picks and some commentary as well.

Round 1, Pick 5 (No. 5 overall)

Corey Davis, WR, Western Michigan: A prime example of how the pre-draft build can be misleading. Davis had to sit out the combine and Western Michigan’s pro day because of an ankle injury, so many predicted a draft-night slide. But nothing ever changed the fact that Davis is an outstanding talent and the most pro-ready receiver in this class. The Titans managed to find some production last season in guys like Rishard Matthews, but no one on their roster can match Davis’s all-around game. Assuming his ankle is back to 100% sometime this summer, he can be the No. 1 receiver on the Titans’ roster in short order. GRADE: A

Adoree’ Jackson, CB, USC: Cornerback and wide receiver always was the clearest path for Tennessee in Round 1. Mission accomplished in Corey Davis and now Jackson. The combination of Jackson’s playmaking skills on defense, explosive talents as a return man and out-of-this-world athleticism put him in the first-round mix. How successful this pick turns out to be depends on whether or not Jackson can make up for his deficiencies on defense. He has the speed, obviously, but not the size or obvious strength. It’s a bit high for my tastes, but there aren’t a lot of athletes like Jackson.? GRADE: B-

Taywan Taylor, WR, Western Kentucky: A bit of a curious one, if only because the Titans sent picks 83 and 124 to New England for this selection and No. 200. The Titans also already brought in Corey Davis, so they should be set at the receiver spots now. If Davis is the high-volume guy, Taylor can be their big-play, speed option. Grade: B+

Jonnu Smith, TE, FIU: Is that enough weapons for Marcus Mariota yet? Add Smith to the Titans’ earlier haul at wide receiver: Corey Davis and Taywan Taylor. Smith is similar in game to Delanie Walker, so it’s interesting that the Titans did not go find a completely different type at the position.? Grade: B

Round 7, Pick 23 (No. 241) Khalfani Muhammad, RB, Cal

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