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Here's the release:

The 14-year head coaching tenure of Andy Reid has ended, the Philadelphia Eagles announced on Monday morning.

The organization’s Chairman and Chief Executive Officer Jeffrey Lurie will hold a press conference at noon today at the NovaCare Complex. We will hold a special edition of Eagles Live! at 11 AM, which you can watch live on PhiladelphiaEagles.com or on our mobile app to discuss the decision to dismiss Reid, who led the Eagles to six NFC East titles, five NFC Championship Games and an appearance in Super Bowl XXXIX.

"Andy Reid won the most games of any head coach in Eagles history and he is someone I respect greatly and will remain friends with for many years to come,” said Lurie. "But, it is time for the Eagles to move in a new direction. Coach Reid leaves us with a winning tradition that we can build upon. And we are very excited about the future.”

Reid joined the team in 1999 and immediately turned the fortunes of the franchise around in a positive direction with the implementation of a strong coaching staff, solid moves in free agency and the selection of quarterback Donovan McNabb. The Eagles reached the playoffs one season later, in 2000, the first of nine postseason trips in Reid’s 14 seasons leading the football operations.

His 140 victories are a franchise record and rank 22nd on the all-time NFL coaching list.

The Eagles concluded the 2012 season with a 4-12 record after their loss to the Giants on Sunday at MetLife Stadium.

"The search for the new coach of the Philadelphia Eagles will begin immediately," said Lurie.

 

More soon.