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Report: Browns team president Joe Banner, GM Michael Lombardi fired

A bizarre run of events got even stranger in Cleveland, as it appears they will start over yet again with a new president and general manager. Banner will stay on for two more months, and Lombardi has been replaced by Ray Farmer.

Jason Miller

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into a wild tenure in charge of the team under owner Jimmy Haslam, Banner will be out in two months, while Lombardi has been replaced by Ray Farmer.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.