The Tampa Bay Buccaneers announced on Tuesday that they will remove former Super Bowl-winning head coach Jon Gruden from their Ring of Honor after The New York Times reported that he made racist, misogynistic and homophobic comments directed at Commissioner Roger Goodell and NFL Players Association executive director DeMaurice Smith, among others.

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Buccaneers head coach Jon Gruden late in the game as the San Francisco 49ers defeated the Tampa Bay Buccaneers by a score of 15 to 10 at Monster Park, San Francisco, California, Oct. 30, 2005. 

Buccaneers head coach Jon Gruden late in the game as the San Francisco 49ers defeated the Tampa Bay Buccaneers by a score of 15 to 10 at Monster Park, San Francisco, California, Oct. 30, 2005.  (Robert B. Stanton/NFLPhotoLibrary)

"The Tampa Bay Buccaneers have advocated for purposeful change in the areas of race relations, gender equality, diversity, and inclusion for many years," the team said in a statement. "While we acknowledge Jon Gruden's contributions on the field, his actions go against our core values as an organization. Therefore, he will no longer continue to be a member of the Buccaneers Ring of Honor."

Gruden, who was in the fourth year of a 10-year, $100 million contract, released a statement following the decision to resign.

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John Gruden puts on his Bucs hat prior to his "Ring of Honor" speech during an NFL game between the Atlanta Falcons and the Tampa Bay Buccaneers on Dec. 18, 2017, at Raymond James Stadium in Tampa, FL. The Falcons defeated the Bucs 24-21. 

John Gruden puts on his Bucs hat prior to his "Ring of Honor" speech during an NFL game between the Atlanta Falcons and the Tampa Bay Buccaneers on Dec. 18, 2017, at Raymond James Stadium in Tampa, FL. The Falcons defeated the Bucs 24-21.  (Roy K. Miller/Icon Sportswire via Getty Images)

"I have resigned as Head Coach of the Las Vegas Raiders," Gruden said. "I love the Raiders and do not want to be a distraction. Thank you to all the players, coaches, staff, and fans of Raider Nation. I’m sorry, I never meant to hurt anyone."

Gruden, who coached Tampa Bay from 2002 to 2008, led the Bucs to a Super Bowl XXXVII victory over the then-Oakland Raiders. He finished with a 57-55 overall record during his time with the Bucs.

Gruden was inducted into the team’s Ring of Honor in 2017.

Tampa Bay Buccaneers coach Jon Gruden directs the North team at the 2007 Under Armour Senior Bowl in Mobile Jan. 27. 

Tampa Bay Buccaneers coach Jon Gruden directs the North team at the 2007 Under Armour Senior Bowl in Mobile Jan. 27.  (A. Messerschmidt/Getty Images)

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Raiders owner Mark Davis said last week that the email about Smith was "disturbing and not what the Raiders stand for" and said the team was reviewing the additional correspondence.

Raiders assistant coach Rich Bisaccia was named the team’s interim head coach.

Fox News' Ryan Gaydos contributed to this report.