CBS/AP/ December 30, 2012, 7:26 PM

Reports: After 14 years, Eagles to fire Andy Reid

Head coach Andy Reid of the Philadelphia Eagles walks off the field after the game against the New York Giants at MetLife Stadium on December 30, 2012, in East Rutherford, New Jersey. / Getty Images

EAST RUTHERFORD, N.J.Andy Reid is out after 14 years coaching the Philadelphia Eagles, people familiar with the decision told The Associated Press and CBSSports.com following Sunday's 42-7 season-ending loss to the New York Giants.

Reid is scheduled to meet with owner Jeffrey Lurie on Monday to discuss his future and an official announcement will come afterward, according to one person, who spoke on condition of anonymity because a final agreement hasn't been reached. That person says there's a chance Reid might remain with the team in some capacity.

However, on Sunday, league sources told CBSSports.com's Jason La Canfora that "Reid was not only bracing for the inevitable but was prepared to leave Philly even if ownership decides to keep him. That decision likely has something to do with Reid knowing that it's time for a change of scenery but also because he will have 'numerous opportunities' for other head-coaching gigs in the coming weeks."

Reid is due to make $6 million in 2013 in the final year of his contract. He said he wants to coach next year, but it's possible Lurie could persuade him to take a year off and perhaps help out in the front office in an "advisory" role.

Eagles spokesman Derek Boyko denied several reports that Lurie has already fired Reid, saying it's "absolutely, 100 percent" untrue.