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"First I want to thank Mike Munchak for his professionalism through this process and thank him for his years of dedication to the Titans/Oilers organization. He is first-class and I wish him and his family nothing but the best. I also want to praise Tommy Smith for his involvement during the weeklong process. He was thorough and thoughtful.
The last week has been a difficult time trying to navigate through many issues to find the best resolution for this franchise moving forward. Tough choices were presented to all sides and the end result was to part ways and move forward without Mike.
We will immediately begin a search for a new head coach.
I am confident that we will find a coach that can continue our growth as a team and lead us to sustained success."