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Updated 12/31/2012 04:36 PM

Jets Fire General Manager Mike Tannenbaum

By: NY1 News

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Jets head coach Rex Ryan will be back next season, but the team fired general manager Mike Tannenbaum on Monday.

The franchise saw a disappointing season, with the Jets finishing out of the playoff race with a 6-10 record.

Tannenbaum signed off on the trade that brought quarterback Tim Tebow to the Jets, but Tebow saw limited playing time behind first-stringer Mark Sanchez.

Ryan will return next year for his fifth season as Jets head coach.

In a statement, Jets owner Woody Johnson says he believes Ryan has the passion, talent and drive to successfully lead the Jets.

Tannenbaum released his own statement Monday, where he thanks Johnson for "the opportunity of a lifetime" and says in part, "While of course it is disappointing to not achieve the ultimate goal of winning a championship, I am incredibly proud of our overall winning record and success. I feel very fortunate to have been the general manager who drafted cornerstone players during a period that yielded four playoff victories and 22 Pro Bowl appearances."

By Monday evening it was not know if the team would keep Sanchez or offensive coordinator Tony Sparano, but Sparano was expected to be fired.