The Tennessee Titans have accepted the resignation of general manager Floyd Reese, which was presented to the club this morning. Reese?s contract was set to expire next month. ?Floyd has been an important part of the success that this franchise has enjoyed for over 20 years and we are thankful for his years of service to this franchise,? said Titans COO Steve Underwood. ?This morning, Floyd offered his resignation; and after considering the limited options available to him, Mr. Adams accepted his resignation. We wish Floyd the best in whatever he chooses to pursue next. Our job now is to move forward and find someone that can help lead this organization to our goals.? Also today, the Titans announced that the contract for Al Smith, Director of Pro Scouting, will not be extended and a replacement will be sought for that position.