"I'm disappointed it didn't work out, just like I'm disappointed when certain draft choices don't work out," Tannenbaum said Tuesday. "We put in a lot of time and effort. We had a rationale for it. At the end of the day, it didn't go as we had planned."
"It's just a trade that didn't work out," he said. "Each year, we'll make 200-plus transactions. Some worked out, some didn't."
Tannenbaum confirmed he hatched the idea to pursue Tebow, who became expendable when the Denver Broncos signed Peyton Manning last March.
Initially, owner Woody Johnson was thought to be behind the move, hoping to generate publicity, but he was initially reluctant, ESPNNewYork.com reported last week.
"Once we met on it and talked about it, ultimately that was my decision to trade for Tim," Tannenbaum said. Asked if he had to convince Johnson, Tannenbaum said, "I had a great working relationship with both Woody and Rex (Ryan). Anytime we'd make a decision on something like this, we'd talk about it, discuss the pros and cons and ultimately it was my decision. I've always said that.
"For seven years, I had final say on everything. That was an honor and a privilege and a responsibility I totally embraced -- whether it was trading for Tim Tebow or trading up for Darrelle Revis or trading for Brett Favre and everything in between. Ultimately, I had the final say on things."