*Titans owner Bud Adams has announced that it’s time to let Vince Young go and for the franchise to find its next quarterback, reports ESPN.

The Titans released a statement Wednesday night in which Adams said Young won’t be on the team’s roster next season, but he’s still evaluating the coaching staff.

“We have two critical decisions to make, the direction of the coaching staff and the future at the quarterback position. They are separate issues to me and will be dealt with separately,” Adams said.

Adams is the owner who wanted Young drafted No. 3 overall out of Texas in 2006 and said on draft day that “VY is my guy.” But even as his general manager and senior executive vice president were traveling to Houston to meet with him Monday, the 88-year-old owner decided Young no longer is the quarterback for his franchise.

Young is 30-17 in five NFL seasons, but only 13-14 against teams finishing a season .500 or better. He’s also battled questions about his work ethic, leadership and injuries. He suffered a season-ending thumb injury on his right hand Nov. 21, tossed his shoulder pads into the stands and told off coach Jeff Fisher in front of the locker room before storming out.

The 27-year-old quarterback told The Tennessean of Nashville that he was a little bitter, but wished Adams and Fisher well and thanked them for giving him a chance to win the Super Bowl. He also said he had nothing against Fisher, though he never felt as if the coach trusted him.

“Things happen for a reason. I tried my best to win a Super Bowl for them. I tried my hardest, I really did,” Young said, according to The Tennessean. “I just wish coach Fisher would have trusted me a little bit more. That was the only issue there.

“I like Jeff Fisher as a person, as a coach and everything. I just didn’t feel like he trusted me,” Young added, according to The Tennessean. “In the five years I was there … I feel like he was continuing to treat me like I was a young man when I’d really grown up a whole lot. I just didn’t feel like I had the trust and the love that any other quarterback around the league had. I was always looking over my shoulder. I didn’t feel like I was his guy the whole way.”

Young later tweeted his thanks to Nashville and Titans fans.

“I look forward to a new beginning and bringing my talents to a new team,” Young wrote.

The quarterback is due a roster bonus of $4.25 million in March and an $8.5 million salary for 2011.