I can understand them holding their cards close to their vest and not wanting to do anything.
However, I can also see the flipside where they make the gesture because they are "better men" and the p.r. and goodwill far exceeds anything else.
The Titans probably aren't one of the more nationally popular teams.
They can
A) Redistribute Pac-Man's salaries to such fine players and citizens like Albert "Stomp" Haynesworth, Travis "Drug Policy" Henry,and Kerry "Cocktail" Collins. Maybe even sign a few free agents like Randy "Weed" Moss or Jamal "Federal Prison" Lewis.
or
B) Hold a press conference, say even though they can't determine guilt or innocence in this case they feel that the most appropriate course of action is to donate Pac-Man's salary to a charity (or to the victim Tom Urbanski). They can also say they will hold their players to higher standards because they realize this is more than a business it is about little children that look up to these players as role models. They then say as long as the Tennessee Titans are around Pac-Man Jones will never suit up for them, ever.
I guess I'm am too much of an optimist to think option B would ever really be considered.