The Indianapolis Colts announced their new organizational structure Monday following the death of former owner Jim Irsay. All three of Irsay’s daughters — Carlie Irsay-Gordon, Casey Foyt and Kalen Jackson — will serve as owners with the franchise.

While Irsay-Gordon, Foyt and Jackson will have ownership status with the club, Irsay-Gordon will assume the role of CEO. She will serve as the team’s “principal owner,” per a team statement. The team added these new roles were “longstanding plans set forth by Jim Irsay.”

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Jim Irsay died in May. He was 65.

“This is our business and we take it very seriously,” Irsay-Gordon, the team’s CEO and principal owner, said on Tuesday, via ESPN’s Stephen Holder. “As we discussed, we know we have some things to fix. But I think we’re just doubling down and we’re going to work tirelessly to make sure we continue the legacy.”

The Colts have been owned by the Irsay family since 1972. Jim’s father, Robert, initially purchased the Baltimore Colts that year. After 12 years in Baltimore, Robert Irsay moved the team to Indianapolis. Jim assumed team ownership after Robert died in 1997.

Under Jim Irsay’s ownership, the Colts reached the postseason in 16 of 28 seasons. The club made it to the Super Bowl twice, winning one championship. Much of the success during Irsay’s tenure can be attributed to quarterback Peyton Manning, who was taken No. 1 overall by the team in the 1998 NFL Draft. Manning spent 13 years with the Colts, leading the team to the playoffs 11 times.

Following Manning’s departure, the Colts drafted Andrew Luck with the No. 1 overall pick in the 2012 NFL Draft. Luck led the team to the playoffs in four out of six seasons before his shocking retirement in 2019.

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Since Luck’s retirement, the franchise has been desperate to find its quarterback of the future. While Philip Rivers did lead the Colts to a playoff appearance in 2020, the team hasn’t found its way to the postseason since. Indianapolis selected Anthony Richardson with the No. 4 overall pick in the 2023 NFL Draft, but the quarterback hasn’t progressed as expected and is already dealing with shoulder issues this offseason. Irsay-Gordon could be tasked with finding the Colts’ quarterback of the future if Richardson struggles again in 2025.

“[General manager Chris Ballard and head coach Shane Steichen] know that they have things they need to fix,” Irsay-Gordon said. “We talked about not micromanaging people but, also, we have a standard here and it hasn’t been good enough. Winning is great. But I would even take it a step further and saying we’re really committed to being the best and if we’re the best, we will win games. And I think Chris and Shane are totally capable of doing that and we’re confident that they can.”

Irsay-Gordon, Foyt and Jackson have all held roles with the team since the 2012 season. With Monday’s changes, Foyt will serve as the owner and executive vice president with the club. Jackson will be the owner and chief brand officer and serve as the president of the Indianapolis Colts foundation.