The Detroit Lions announced Tuesday that Martha Firestone Ford is stepping down as the team's principal owner and will be replaced by her daughter, Sheila Ford Hamp.
The team made the move official in the following statement:
Martha Ford, 94, is the widow of William Clay Ford, who became sole owner of the Lions in 1963. Following Ford's death at the age of 88 in 2014, she became majority owner of the Lions, with each of her four children holding ownership shares as well.
This article will be updated to provide more information on this story as it becomes available.