Andy Reid is out as Eagles head coach, a position he has held since 1999, the team announced this morning.

"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 Jeffrey Lurie announced in a statement. "But, it is time for the Eagles to move in a new direction. Andy leaves us with a winning tradition that we can build upon. And we are very excited about the future."

Lurie, who will talk to the media at noon, said that the search for a new head coach will begin immediately.

[Note by JasonB, 12/31/12 11:08 AM EST ] The Jeff Lurie press conference has been pushed to 1pm. Reid will not be appearing with Lurie at the presser. Howie Roseman will meet with reporters afterward.

Andy Reid held an "emotional" team meeting this morning to announce that he had been relieved of his duties and received a round of applause from the players.