Owner Woody Johnson said Rex Ryan would remain the head coach.
Johnson, who didn't make the trip to Buffalo to see his wretched team end its season with a 28-9 loss to the Bills, released the following statement Monday morning:
“Our 2012 season was a disappointment to all of us. My goal every year as owner is to build a team that wins consistently. This year, we failed to achieve that goal,” Johnson’s statement read. “This morning, I informed Mike Tannenbaum that he will not return for the 2013 season. Mike devoted 15 years of service to the Jets, and I want to thank him for his hard work and dedication. Although he helped guide us to two consecutive AFC Championship games, we are not where we want to be, and a new General Manager will be critical to getting this team back on the right track.”
"Rex Ryan will remain the head coach of our football team," the owner added. "I believe that he has the passion, the talent, and the drive to successfully lead out team for greater success going forward."
Johnson said the team will start a search for a new GM through the services of Korn/Ferry International, the same search firm that conducted the NFL commissioner search in 2006.
"Our process with Korn/Ferry will be led by Jed Hughes, who heads their sports practice and who previously led the general manager search for the Seattle Seahawks, among others," said Johnson. "When we have updates on this process, we will provide them to our fans and the media."
The owner apologized for the Jets' recent poor play — which resembled 16 episodes of The Three Stooges slapstick rather than an NFL season .
"Like all Jets fans, I am disappointed with this year's results," he said. "However, I am confident that this change will best position our team for greater success going forward."
Nyuk, nyuk, nyuk.