Full statement from New York Jets Chairman & CEO Woody Johnson:
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.
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.
Full statement from former Jets GM Mike Tannenbaum:
I want to thank Woody and his entire family for giving me the opportunity of a lifetime -- serving as the General Manager of the New York Jets for seven years.
I am incredibly grateful to have been a part of rebuilding a winning tradition for Jets fans over the past 15 years. My days with Coach Parcells through my years as General Manager of the team that went to back-to-back AFC Championship games have been the fulfillment of a dream I have had since I was a little kid and I'll always be grateful to Woody, the two head coaches, Rex and Eric, as well as all of the players, staff and the entire organization for this opportunity.
For the second time Wednesday, the Denver Broncos have agreed to trade quarterback Tim Tebow to the New York Jets. Denver will send Tebow and a 2012 seventh-round draft pick to the Jets, and receive a fourth and sixth-round pick in this April's draft. The deal had been halted earlier due to a $5 million salary advance owed to Tebow, however the Jets have agreed to pay half of the amount to Denver as compensation.
Football fans can take the train right to the new station near from MetLife Stadium at the Meadowlands, home of the New York Giants and the New York Jets. All LIRR and Metro North lines and branches can get people to and from the game with one train ticket. On Metro North’s New Haven line, the Penn Station through-service will take people to the game with fewer transfers.