(CNN) -- Conan O'Brien suggested in a statement Tuesday that he will not accept NBC's proposal to move him and "The Tonight Show," which he's hosted for seven months, to 12:05 a.m. ET. 

NBC has proposed moving "The Tonight Show" from its traditional 11:35 p.m. slot so that the show's former host, Jay Leno, could host a half-hour show then. 

"My staff and I have worked unbelievably hard and we are very proud of our contribution to the legacy of 'The Tonight Show.' But I cannot participate in what I honestly believe is its destruction," O'Brien said. "Some people will make the argument that with DVRs and the Internet a time slot doesn't matter. But with the Tonight Show, I believe nothing could matter more. 

"There has been speculation about my going to another network but, to set the record straight, I currently have no other offer and honestly have no idea what happens next. My hope is that NBC and I can resolve this quickly so that my staff, crew, and I can do a show we can be proud of, for a company that values our work." 

Read O'Brien's full statement 

After Leno left "The Tonight Show" last year -- as part of an agreement reached six years ago giving it to O'Brien -- he began hosting "The Jay Leno Show" for NBC in the fall, airing at 10 p.m. ET. 

But ratings for the 10 p.m. show were low, and on Sunday, NBC announced that it was taking Leno out of the prime-time slot because the show "didn't meet affiliates' needs" despite performing at acceptable levels for the network. The last show will air February 11 to make way for the 2010 Winter Olympics, which airs starting February 12. 
What he said about that?
have no idea 