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Cleveland Browns CEO and team president Joe Banner and general manager Mike Lombardi are out in Cleveland, multiple sources are reporting Tuesday.
Just one season into a wild tenure in charge of the team under owner Jimmy Haslam, Banner will be out in two months, while Lombardi has been replaced by Ray Farmer.
The management team executed a trade of former first round pick Trent Richardson to the Indianapolis Colts early in the 2013 season - a move that attracted plenty of speculation at the time. They ended the season by firing first-year head coach Rob Chudzinski after allegedly having told the rest of the coaching staff he would remain there.
Haslam, a former minority owner of the Pittsburgh Steelers, has been under federal investigation for fraud in allegations pertaining to his ownership of the Flying J truck stop chain.
Haslam scheduled a press conference for 11:30 a.m. ET, and it's likely to be well-publicized. Details to follow.